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Digital Currency and Blockchain Weekly Round-Up – January 11th, 2019

Fri, 11 Jan 2019, 11:47 am UTC

European regulators EBA and ESMA call for EU-level response on crypto-assets
Two European regulatory authorities – the European Banking Authority and the European Securities and Markets Authority (ESMA) – have called for an EU-level response to the risks posed by cryptocurrencies and initial coin offerings (ICOs). Both ESMA and the EBA said that the crypto-related activity is currently relatively limited in the common currency area and do not raise financial stability issues.

New York City Economic Development Corporation opens blockchain center
The New York City Economic Development Corporation (NYCEDC) has opened a blockchain center in Manhattan, Bloomberg reported. The newly-launched 4,000-square-foot center is located in the Flatiron District. With blockchain education as one of the primary focus areas, it will offer coding and software development classes.

China’s internet regulator to implement new rules for blockchain firms next month
The Cyberspace Administration of China (CAC) has approved new regulations for blockchain companies operating in the country. In an online post dated January 10, the CAC said that the new regulations will go into effect on February 15, 2019.

Thai Ministry of Finance approves digital asset business license applications of four operators
The Thai Securities and Exchange Commission (SEC) has announced that four cryptocurrency businesses have been granted digital asset business licenses. The licenses have been granted by the Ministry of Finance, under the recommendation of the SEC Board.

South Korea to offer tax relief to companies working on blockchain technology
The government of South Korea has added 16 fields such as blockchain and fine dust reduction technology to R&D tax credit in a bid to boost innovation. The Ministry of Strategy and Finance has announced proposed amendments to the enforcement decree of the 2018 tax law, which is to be enforced in February.

Reserve Bank of India calls for constant monitoring of cryptocurrencies
The Reserve Bank of India (RBI) has called for “constant monitoring” of cryptocurrencies due to financial stability concerns and their rapidly growing use. The central bank has published its “Report on Trend and Progress of Banking in India” for the year ended June 30, 2018.

Venezuela files complaint with WTO to fight U.S. sanctions against its cryptocurrency ‘Petro’
In a bid to challenge the sanctions imposed by the United States, Venezuela has approached the World Trade Organisation (WTO). In its WTO complaint filed on December 28, Venezuela addresses a number of actions taken by the U.S. government in the past couple of years, CoinDesk reported.

Japan’s self-regulatory crypto exchange body JVCEA adds five more exchanges
The Japan Virtual Currency Exchange Association (JVCEA) has announced the addition of five more crypto exchanges as Type II members. Formed in April 2018, the JVCEA is a self-regulating organization that aims to protect investor interests.

Coinbase, Poloniex, Kraken disable Ethereum Classic deposits and withdrawals following chain reorganisation
Cryptocurrency exchange Coinbase has announced that it has suspended all ethereum classic (ETC) transactions, withdrawals and deposits after detecting a deep chain reorganization of the blockchain, CoinDesk reported. According to block explorers – Bitfly (Etherchain) and Blockscout, ETC saw reorganization of over 100 blocks during a potential 51 percent attack late Sunday.

Company News

  • Crypto exchange Huobi re-launches in Japan
  • Crypto exchange ShapeShift lays off 37 employees following a rough 2018
  • Parity Technologies receives $5M grant from Ethereum Foundation
  • Crypto exchange Coinbase’s venture arm invested in over a dozen companies in Q4 2018

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Mar 22, 2019 (Friday)
10:46
SBI Group partners with U.S.-based semiconductor firm to manufacture crypto mining hardware
10:03
Square seeks engineers for new crypto-related initiatives
09:02
Cardano Foundation joins European Commission’s blockchain initiative INATBA as founding member
07:09
Blockchain smartphone maker Sirin Labs partners with MyEtherWallet
06:21
Alibaba, Aerospace Information partner to foster blockchain development
05:30
UPS partners with blockchain startup Inxeption for B2B e-commerce platform
04:36
Financial market veteran Rob Catalanello to lead crypto liquidity provider B2C2’s US expansions
03:44
Numerai secures $11M from Paradigm and Placeholder via token sale
Mar 21, 2019 (Thursday)
11:49
Former Prime Minister of Denmark joins blockchain firm Concordium as strategic advisor
11:00
North Korean dissident group CCD to issue blockchain-based post-liberation visas
10:03
Switzerland inches closer to cryptocurrency regulation
09:07
Huobi Global to launch token sale platform “Huobi Prime”
07:21
Asia Pacific Leaders Malaria Alliance’s M2030 partners with Dragonchain for blockchain-based services
06:10
CoinMarketCap launches of crypto indices on Nasdaq, Bloomberg, Reuters
05:09
seriesOne, Polymath partner to simplify security token issuance
04:13
Binance launches cash-to-crypto brokerage service in Australia
03:45
IoT startup Filament joins Enterprise Ethereum Alliance
Mar 20, 2019 (Wednesday)
11:43
Wirex launches crypto-friendly business accounts
10:43
Ground X to launch public testnet of blockchain platform 'Klaytn’ on March 29
10:08
Seoul Medical Center, Korean Ministry of Science and ICT collaborate on blockchain project
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