Blockchain Today
El Salvador Passes a Bill to Recognize Bitcoin as a Legal Payment Instrument
The Legislative Assembly of El Salvador adopted a bill recognizing Bitcoin as an official payment instrument in the country on a par with the US dollar. https://twitter.com/AsambleaSV/status/1402508029564760064?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1402508029564760064%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fforklog.com%2Fsalvador-prinyal-zakonoproekt-o-priznanii-bitkoina-zakonnym-sredstvom-raschetov%2F The bill was supported by 62 out of 84 parliamentarians, 17 opposed, and [...]
Beijing Authorities to Distribute Over $ 6 Million During Digital Yuan Testing
In June, Beijing authorities will distribute the central bank digital currency (CBDC) to the public. Lottery winners will receive "red envelopes" with 200 digital yuan ($ 31.32). In total, the authorities will distribute 40 million yuan (~ $ 6.26 million) [...]
Indonesia Discussing the Introduction of the Income Tax On Cryptocurrencies
Indonesian authorities are planning to tax the profits generated from transactions with cryptocurrencies, reports Reuters with reference to the representative of Indonesia's tax office Neilmaldrin Noor. According to him, a specific mechanism for taxing cryptocurrencies is under discussion. "It is [...]
Association News
Blockchain Association Member Youhodler Focuses on Security With New Partnerships
July 8th, 2020 — The Blockchain Association today announces that approved member and EU and Swiss-based FinTech startup YouHodler has launched new partnerships with industry-leading infrastructure security and risk management firms Ledger Vault and Elliptic to provide its customers with [...]
Blockchain Association Announces Gallant Exchange as Latest Approved Member
July 7th 2020, The Blockchain Association today announces Gallant Exchange as its latest approved member. The company joins a growing list of digital asset exchanges, which are committed to upholding the highest standards of commercial honor and best business practices [...]
Expert Committee Member Simon Grunfeld Launches New Digital Asset Exchange
June 25, 2020, The Blockchain Association today announces that Blockchain Expert Committee (BEC) member Simon Grunfeld has launched the Gallant Exchange, a NYC based Sports and Crypto start-up focusing on retail trading and sports fan engagement. With the new role [...]
Expert Opinion
How to Avoid Common Fraud Involving Cryptocurrency
The nature of limited supply for many digital assets and other commodity-like qualities coupled with network effects and market inefficiencies helps create extreme volatility in many cases and as can be seen historically. In addition to market risk, crypto-assets can [...]
What’s the Story with Ethereum?
This article was originally published in Medium. It is reposted here with permission from the author. Ethereum is an open-source and public platform for creating decentralised online services that work on the basis of smart contracts. The platform is decentralised, based [...]
What’s the Story with Ripple?
This article was originally published in Medium. It is reposted here with permission from the author. Ripple Overview Ripple is a cryptocurrency platform for payment systems, which focusses on transactions without chargebacks to proceed payments directly, secure and very fast. [...]
