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Denmark Taps Blockchain for Anti-Corruption Initiatives

by sujha sundararajan | Sep 4, 2020 | Uncategorized

The Ministry of Foreign Affairs of Denmark has released a report that focuses on the use of nascent technologies to combat corruption. The ministry has explored various technologies including blockchain, big-data, e-governance, and crowdsourcing for fraud-prevention...
Russian Ministry of Finance Amends Initial Crypto Laws

Russian Ministry of Finance Amends Initial Crypto Laws

by sujha sundararajan | Sep 4, 2020 | Uncategorized

Russian authorities have proposed a set of amendments to the nation’s first crypto laws, most notably barring miners from receiving rewards. Representatives from the Russian Ministry of Finance made several amendments on Fri 4 Sep. on the Digital Financial Assets Law...

U.S. Congressmen Urge Blockchain Use for COVID-19 Relief Work

by sujha sundararajan | Sep 3, 2020 | Uncategorized

Members of the Congress of the United States have urged the federal government to use blockchain technology for COVID-19 relief work. Nine Congressmen have signed a letter addressing President Donald Trump and other federal officers, to use blockchain for “mitigating...
China Drives East Asia into Global Crypto Market Pole Position

China Drives East Asia into Global Crypto Market Pole Position

by sujha sundararajan | Aug 21, 2020 | Uncategorized

More than $50 billion in cryptocurrency assets have moved from China-based addresses in the past year alone. The huge numbers coming from the region are directly related to East Asia’s cryptocurrency mining dominance. A significant share of these newly-mined...
US Justice Department Confiscates Cryptocurrency Funds From Terrorist Groups

US Justice Department Confiscates Cryptocurrency Funds From Terrorist Groups

by sujha sundararajan | Aug 14, 2020 | Uncategorized

The US Justice Department said on Thursday that it has seized millions of dollars in cryptocurrency from three terrorist organizations. The DoJ seized over 300 cryptocurrency accounts owned and used by the terrorist groups al-Qaeda, al-Qassam Brigades, and ISIL,...
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