Worlds first blockchain bulk agriculture trade. Soybeans from US to China.

By Morty | Jan 22, 2018 | Comments Off on Worlds first blockchain bulk agriculture trade. Soybeans from US to China.
Shipping Tanker

The world’s first fully-fledged agricultural blockchain transaction has resulted in transaction times being cut in half and document processing being reduced to 1/5 of the time normally required. Louis Dreyfus Co, Shandong Bohi Industry Co, ING, Societe Generale and ABN Amro took part in the trade where the sales contract, letter of credit and certificates…

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Bitcoin crashes as Chinese Central Bank calls for ban on cryptocurrency trading.

By Morty | Jan 16, 2018 | 155 Comments
Pan Gongsheng

The last 48 hours have not been good for bitcoin and other cryptocurrencies.  Both the German Central Bank and the French finance minister Bruno Le Marie have called for increased regulations.   Today, the Chinese Central Bank has joined the chorus for more regulation. PBOC Vice Governor Pan Gongsheng Has gone even further than Germany…

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French Finance Minister proposes new cryptocurrency regulations to “combat tax evasion, money laundering and financing of criminals or terrorism.”

By Morty | Jan 16, 2018 | Comments Off on French Finance Minister proposes new cryptocurrency regulations to “combat tax evasion, money laundering and financing of criminals or terrorism.”
Bruno Le Marie Bitcoin Speech

It’s beginning to seem as though not a day can go past without another country proposing new regulations for cryptocurrencies. The French Minister of Finance, Bruno Le Marie, gave a forty minute speech today where he highlighted “the risks of speculation, especially related to bitcoin.” In what may be seen as an attack on the…

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German Central Bank calls for global cryptocurrency regulation

By Morty | Jan 15, 2018 | 1 Comment
Regulation sign

German Central Bank calls for global cryptocurrency regulation whilst adding Chinese Yuan to its currency reserves. During the last few weeks both China and South Korea have made statements regarding regulating cryptocurrencies and although nothing definite has been announced, the rumors have caused turmoil in Bitcoin and Altcoin cryptocurrency markets. Now the cryptocurrency regulation rumors…

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