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US Treasury Urges Regulators to Back Off Blockchain and FinTech to Encourage Innovation

The United States Treasury Department, in a recent report, is recommending that state and federal regulators loosen their grip on FinTech and financial services firms to allow them to innovate. In the report released earlier this week, the Treasury urged state and federal regulators to revamp outdated statutes and support innovative financial technologies, including artificial […] дальше »

2018-8-17 19:27


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The Pentagon finally has an AI strategy — too little too late?

The US Department of Defense’s recently established Joint Artificial Intelligence Center (JAIC) has finally debuted and will oversee the Pentagon’s AI strategy. Better late than never, right? After a couple of years’ worth of paperwork drills, Deputy Defense Secretary Patrick Shanahan released a document at the end of June establishing the JAIC, and stating it would take the next 30 days to figure out what its national mission objectives and personnel needs are. дальше »

2018-8-9 19:52


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Researcher: Bitcoin’s Value Proposition Still ‘Massively Underpriced’

Bitcoin may still be significantly undervalued due to mainstream investors missing its “value proposition,” a Swiss researcher has concluded. ‘Only Viable Candidate For Non-Sovereign Store Of Value’ Thomas Huber — a member of the Chair of Entrepreneurial Risks at the Department of Management, Technology and Economics at ETH Zurich university — made the claims as part of ongoing research into cryptocurrency markets this week. дальше »

2018-7-28 01:00


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EU Parliament Report Reveals How Banks Could Beat Bitcoin

A recent report released by the Policy Department of the European Parliament explains how central bank-issued cryptocurrencies outcompete Bitcoin. EU Parliament Draws Up Battle Plans Against Bitcoin A recent report from the Policy Department of the European Parliament, titled Competition Issues in the Area of Financial Technology (FinTech), warns about some of the challenges Bitcoin will have to overcome. дальше »

2018-7-24 02:00


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South Korean Regulators Create Exclusive Cryptocurrency Department for Policymaking

The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »

2018-7-24 23:00


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South Korean Regulators Create Exclusive Cryptocurrency Department For Policymaking

The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »

2018-7-24 23:00


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A New EU Report Suggests Banks Could Indulge in Financial Misconduct to Stay Away From Cryptos

A new report from an EU department shows that all is not well in the fintech sector as competition intensifies between traditional finance and crypto finance. The report prepared by the Police Department for Economic, Scientific, and Quality of Life Policies on the recommendation of the European Parliament Committee on Economic and Monetary Affairs (ECON). дальше »

2018-7-23 17:19


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South Korea to Establish Digital Currency Policy-Making Department

South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising Technology “Leads Financial Innovation” As reported on The Korea Times, the country’s Financial Services Commission decided after careful consideration of the burgeoning blockchain industry and a crucial need for regulation to […] The post South Korea to Establish Digital Currency Policy-Making Department appeared first on CryptoSlate. дальше »

2018-7-23 09:00


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Russia Researching Blockchain Technology for Military Applications; Development Grows in Local Businesses

Russia is currently looking into blockchain technology in the hope that its development could be applied in the military. Blockchain technology offers a wealth of benefits in the finance department, but the Russian army is hoping it could aid them in a variety of ways, especially in cases of cybercrime. дальше »

2018-7-22 13:29