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U.S. SEC establishes new hub to engage with blockchain, crypto and ICO-related startups
The U.S. Securities and Exchange Commission (SEC) has launched a new strategic hub which will facilitate its engagement with innovators, developers, and entrepreneurs involved in financial technology (fintech). The Strategic Hub for Innovation and Financial Technology (or FinHub) will replace and build on the work of several internal working groups at the SEC.
Japanese government seeks to simplify crypto tax filing system
The Japanese Tax Commission is seeking to simplify the tax filing system for cryptocurrencies to ensure that investors can report their gains accurately, CoinDesk reported, referring to a report from local news outlet Sankei. The committee is reportedly considering a new system that would standardize the current process as well as simplify calculating tax on crypto profits against both fiat and other cryptocurrencies.
Government of Gibraltar announces blockchain-focused ‘New Technologies in Education’ advisory group
The Government of Gibraltar has announced a new advisory group that will focus on the creation of new technology related education courses, such as blockchain. Called the New Technologies in Education (NTiE), the group is a joint initiative between the government and the University of Gibraltar in collaboration with some of the new technology companies based in Gibraltar.
Internet and Mobile Association of India establishes blockchain committee
The Internet and Mobile Association of India (IAMAI) has formed a blockchain committee that will work with the government, industry, and startups to develop the domestic blockchain ecosystem, The Economic Times reported. The new committee will be chaired by Tina Singh, Chief Digital Officer, Mahindra Finance and co-chaired by Prasanna Lohar, Head –Innovation and Architecture, DCB Bank Limited.
South Korean telecom giant KT to bring blockchain to charity, energy trading, identification, and beyond
South Korean telecom giant KT is going big on blockchain technology and is already working to implement the technology across various fields. In an email to TokenPost, KT has confirmed the development of the blockchain-based donation platform and has revealed the details of other ongoing blockchain projects.
Crypto exchange Coinfloor receives full DLT license in Gibraltar
Leading bitcoin exchange Coinfloor has announced that it has been awarded a full Distributed Ledger Technology (DLT) license by the Gibraltar Financial Services Commission (GFSC). Founded in 2013, UK-based Coinfloor is now fully compliant with Gibraltar’s DLT legislation.
HTC releases new teaser of upcoming blockchain smartphone “Exodus”
Smartphone maker HTC has released a new teaser of its much-awaited blockchain smartphone “Exodus”. The new teaser gives a sneak peek into the new phone’s design and displays “10.22” at the end, which is to say that the official announcement on Exodus will be made on October 22.
Research
- GFT’s tests demonstrate Digital Asset's DLT platform’s ability to handle equity trading volumes at peak
Investment/Fundraising/Acquisition
- Blockchain media startup Civil prepares for new token sale after an unsuccessful first attempt
- Crypto portfolio tracker Blockfolio secures $11.5M in Series A round
- SIX Group acquires minority stake in blockchain inheritance startup PassOn
- Blockchain startup Electron receives funding from UK government, to pilot energy trading platform in South Korea
Partnerships/Consortiums
- Crypto exchange BTCC to debut in South Korea; partners with blockchain AR startup Scanetchain
- TRON to partner with Chinese IT giant Baidu – Report
- IOHK and Emurgo part ways with Cardano Foundation
Digital Currency and Blockchain Initiatives
- Kind Heaven seeks to bring blockchain to immersive entertainment experience, partners with NEM
- Fidelity launches new cryptocurrency trading platform for institutional investors
- Sony develops blockchain-based rights management system for digital content
- Port of Antwerp, Maqta Gateway to trial blockchain in international trade
- Accenture and Digital Ventures launch procure-to-pay blockchain solution in Thailand
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