19% of World Population Bought Crypto Before 2019: Kaspersky Report

A new survey by Moscow-based cybersecurity firm Kaspersky Lab introduced on June 17th revealed that 19% of people globally have purchased cryptocurrency.The survey, titled “The Kaspersky Cryptocurrency Report 2019,” was carried out in October and November 2018, with a total of 13,434 respondents in 22 countries.According to the report, 81% of global population have never…

Facebook Has Not Applied for RBI Approval to Operate Libra in India: Report

Facebook’s newly announced cryptocurrency, libra, may not be available in India due to the current ban of blockchain-based currency transactions, as stated in a report by local publication The Economic Times on June 20.Citing people familiar with the matter, the report says that the social media giant has not applied for approval with the Reserve…

Russia Is Getting Serious About Blockchain, but Remains on the Fence About Cryptocurrencies

Last week, an annual forum featuring Russia’s top people from the economic sector was held in St. Petersburg, and cryptocurrencies were a hot topic there. Notably, government agents and state-controlled businesses were vocal about their interest in blockchain, but seemed to distance themselves from digital tokens.Meanwhile, the regulatory framework for cryptocurrencies is still missing in…

Community First: One Protocol’s Plan to Give Users a Seat at the Governance Table

A “next-generation” mobile payment protocol has unveiled new features — including “incentives” for users who own and run the nodes that perform vital roles on its network, including the verification of transactions.Crypto.com says the new program is a result of a partnership with Allnodes, which is offering its hosting services for the platform. Users who…

US CFTC Chair: Blockchain Would Have Improved Regulator Response to 2008 Financial Crash

United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo says that blockchain technology would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention” in response to the 2008 financial crisis.Giancarlo made his remarks during a speech —  entitled “The New Futurism: 21st Century Financial Markets, Technology and Regulation” —  which…

Iran Developing National Blockchain Platform on IBM Hyperledger Fabric

The Central Bank of Iran (CBI), via its Informatics and Services Corporation (ISC) and in conjunction with Areatak — a Tehran-based blockchain solutions provider — is developing a national blockchain project for its banking and financial sector.Called the Borna platform, Iran hopes to use the project to revamp its banking ecosystem, creating a digital financial…

Bitcoins for Frappuccino: Will Starbucks’ Crypto Endeavours Pave the Way for Mainstream Adoption?

The United States coffeehouse chain Starbucks is one of the most mainstream companies to look into crypto, and its intentions have finally been confirmed this week: The company has teamed up with Microsoft to track its beans with a blockchain.Moreover, reports say that the coffee giant might start accepting bitcoin (BTC) payments in its U.S.…

Blockchain Firm Raises $6 Mln From Major Energy Companies, Saudi Aramco Subsidiary

American blockchain startup Data Gumbo Corp. has raised $6 million from major energy companies, including the venture wing of Saudi Arabian national petroleum and natural gas company Saudi Aramco. The news was published by energy-focused news outlet Worldoil on May 8.In a Series A equity funding round, Data Gumbo ostensibly raised $6 million from companies…

Moscow Student Councils Plan to Pilot Blockchain E-Voting in June

Authorities of Moscow are planning to pilot blockchain-based electronic voting in university student council elections in late June 2019, establishing methods that the city’s mayoral election may be next to apply, Russian news agency TASS reported on May 6.According to the report, the project is set to be tested with the support of the Moscow…