Day: April 18, 2019

China to One Day Turn RMB into a Crypto, Claims Blockchain Author

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: Perhaps no country has tried harder to snuff out bitcoin than China. After putting the kibosh on ICOs, the government banned crypto exchanges and now they’re targeting bitcoin…

Enterprise Ethereum Alliance Partners with J.P. Morgan, Microsoft on Token Taxonomy

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The Enterprise Ethereum Alliance (EEA), an Ethereum member driven consortium, has announced the launch of a blockchain-neutral Token Taxonomy Initiative which includes, among many high profile partners, the Wall Street financial institution J.P. Morgan Chase. According to the press release published on April 17, the EEA’s Token Taxonomy Initiative intends to drive enterprise adoption by defining tokens in non-technical, cross-industry terms. As cryptocurrency and blockchain grows, varied token adoption is beginning to spread across a number of industries. EEA and their proposed Token Taxonomy is one initiative that seeks to…

Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets

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Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17. Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly require cryptocurrency exchanges to strengthen internal supervision of cold wallets — devices for storing digital currency which are not connected to the Internet. By implementing the new regulation, the FSA purportedly addresses the difficulties of ensuring the security of digital currencies and other risks for the country since it intends…