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Digital Currency and Blockchain Weekly Round-Up – February 22nd, 2019

Fri, 22 Feb 2019, 11:44 am UTC

Germany launches consultation to look into blockchain potential
The government of Germany has launched a consultation process on how to utilize blockchain technology as it prepares to present a strategy by the summer, Reuters reported. Sources familiar with the matter told the media giant that the government is seeking recommendations from companies and industry groups that could become stakeholders in the blockchain deployment process in the country.

Indian government inaugurates first crypto forensics lab
The government of India has inaugurated a Cryptocurrency Forensics Lab, local news outlet The Hindu reported. The crypto forensics lab is, in fact, a unit of the National Cyber Forensic Lab (NCFL) inaugurated by Union Home Minister Rajnath Singh on Monday.

Seoul Metropolitan Government to support blockchain startups via $1B innovation fund
The Seoul Metropolitan Government has announced that it will invest 1.2 trillion won ($1.07 billion) in startups by 2022 via an investment fund, CoinDesk reported. The investment will be made via the Seoul Innovation Growth Fund, which was announced last year.

Bank of Lithuania updates stance on virtual assets and ICOs
The Bank of Lithuania has announced that it has updated its position on virtual assets and initial coin offering (ICO). The updated stance aims to ensure a level playing field for all financial market participants and has taken into account current market developments and evolving regulatory regimes.

Chamber of Digital Commerce proposes National Action Plan for Blockchain
The Chamber of Digital Commerce, a leading blockchain trade association, has released its proposed National Plan for Blockchain. Perianne Boring, founder and president, Chamber of Digital Commerce, said that the plan is part of the chamber’s ongoing advocacy work and its efforts to promote the acceptance and use of digital assets and blockchain-based technologies.

Funding/Investments/Acquisitions

Partnerships/Consortiums

  • IBM’s collaborative blockchain-based healthcare initiative gets two new members

Digital Currency and Blockchain Initiatives

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