Malta will use Blockchain Technology to Register All Rent Contracts

On Sunday, Joseph Muscat, the Prime Minister of Malta, announced that every rental contract in Malta would soon be registered on the blockchain. The new rules requiring that all property rental contracts be registered on a blockchain are done for security considerations, local news outlet Malta Today reported on June 23. The reformed rental laws...

Unlock Looming – TRON’s $20 Million BuyBack Plan

The TRON Foundation has recently announced an ambitious $20 million TRX buyback, one of the biggest in the industry to date. In a live stream on Twitter, Justin Sun shared more info about the update: “We will conduct by far the largest #TRX buy-back plan with the widest coverage in the secondary market, which will last for...

CFTC Approves LedgerX to Settle Futures in Real Bitcoin

The Commodity Futures Trading Commission (CFTC) has approved has allowedbitcoin derivatives provider LedgerX to offer physically settled bitcoin futures contracts. In an announcement released on Tuesday, the CFTC disclosed that LedgerX requested that its order of registration is amended as aDCO. This will limit LedgerX to clearing swaps, to allow it to clear futures...

France creates G7 cryptocurrency task force following launch of Facebook’s Libra

France’s central bank governor, Francois Villeroy de Galhau, announced plans for the creation of a task force dedicated to cryptocurrencies. The task force, representing the G7 countries, will be lead by European Central Bank board member Benoit Coeure. The purpose of the G7 task force is to study how central banks ensure cryptocurrencies like Facebook's recently launched Libra...

New social responsibility standards for the cannabis industry

Cannabis companies see new standards as key to growth and further development of the fast-growing sector. Newly certification standards  will encourage and validate actions by members of the global cannabis industry. A group of Western weed growers and a non-profit cannabis group are building the first CSR rules to drive standardization, compliance and transparency. The aim of the...

Japan’s Line Close to Obtaining FSA License for Japanese Crypto Exchange

VC Corporation, the digital asset and blockchain-focused arm of Japanese messaging giant Line, is close to obtaining a crypto exchange operating license from Japan’s financial regulator. Cointelegraph Japan first reported the news on June 20. Japan’s Financial Services Agency (FSA) could issue the company with an exchange license as early as this month according to the report....

Brazil with New Regulations Requirements for Crypto Exchanges to Report on User Transactions

Brazil’s federal revenue agency has released new rules for crypto trading platforms. Under the new guidelines, crypto exchanges are required to report on all crypto transactions carried out within their system. The new rules were released by the Department of Federal Revenue of Brazil (RFB) and will affect the way cryptocurrency exchanges inform the regulator about users’ transactions in order to...

Italian Government With New Plan on Taxing Savings in Held in Bank Safes

The Deputy Prime Minister of Italy has proposed a new tax on cash and other valuables stored in bank safes by the country’s citizens. If made into a law, the measure could mark a move towards Bitcoin and other cryptocurrencies as a way to keep the government out of citizens’ safe boxes. This proposal came amidst rising geopolitical tensions...