india

TikTok Ban: The Beginning of a New Age in Social Networks?

President Donald Trump has signed an executive order that forbids American companies to transact with Tencent and Bytedance. The ban comes after a long debate involving alleged data mining from apps like WeChat and TikTok. Following the ban, Tencent shares fell 5%. American companies will effectively have 45 days to stop transacting with these companies. The ban is sparking worldwide debate regarding the boundaries of national security. Is this an opportunity for decentralized social media platforms to step up? Tencent and the Yuan Plummet The announcement was immediately felt on

Az indiai jegybank visszavág: két minisztériummal a háta mögött tiltaná be a kriptókat

Bár márciusban a legfelsőbb bíróság határozata értelmében megszűnt az indiai kriptotilalom, egy meg nem nevezett forrás szerint a jegybank mellett most a kormány is lépne az ügyben. Egy indiai kormányhivatalnok azt állítja, hogy két helyi minisztérium, valamint az ország jegybankja aktívan dolgozik egy olyan jogi keretrendszer megalkotásán, amely a kriptopénzek betiltását célozza meg a félszigeten. Az indiai Moneycontrol hírportál augusztus 4-i jelentése szerint az ország hatóságai arra készülnek, hogy egy törvényjavaslaton keresztül betiltsák a kriptokereskedéseket lakosaik számára. Az oldal egy meg nem nevezett politikusra hivatkozik, aki azt állítja, hogy az

Tim Draper: Pandemic Could Be The Tipping Point For Bitcoin

The global spread of the coronavirus played a major role in the dramatic 2020 stock market crash. The bailout bill for saving the world’s economy is $7 trillion and rising fast. Bitcoin bull Tim Draper believes this confluence of factors may be the tipping point that allows innovations such as Bitcoin and smart contracts to flourish.In an interview on April 6, the global venture capital investor said he was skeptical about the government’s infinite money printing bailout plan and said it would take years before that money “permeates” the global

Adult Entertainment Supported by Crypto Shoppers During Quarantine

While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort. Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase in purchases from adult stores in March over activity in February. Sites like ManyVids and LiveJasmin had 17% and 8% increases in cart sizes, respectively. Other adult stores reported a 36% increase in turnover. Most of these merchants are based in Europe, where measures are in place to limit people from leaving their homes and many

Africa Using Blockchain to Drive Change, Part Two: Southern Solutions

With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases have been moving beyond finance, developing solutions targeted at issues like unemployment, identity management, health care and supply chain, among others.Amid the growing enthusiasm for crypto and blockchain technology in Africa, industry stakeholders interviewed by Cointelegraph identify a lack of education as one of the major hurdles standing in the way of more

Quarantined Gamers Are Straining Microsoft Azure-based Blockchain Platform

Microsoft has acknowledged that the quarantined gamers are putting a strain on its Azure cloud platform which is a backbone of the company’s Blockchain As a Service (BaaS) offering.In the SEC filing, Microsoft addresses the impact of “the global health pandemic” on its Azure cloud services. The company admits that in certain regions “deployments for some compute resource types (...) drop below our typical 99.99 percent success rates”. Furthermore, Microsoft confirms that “Xbox Live [is] putting a strain on overall Azure capacity”:“As a result of the surge in use over

Talking Digital Future: Smart Cities

My journey into smart cities and their future development was a really big surprise, as the way I arrived there was not something that I had planned. I was working as the chief information officer for a company in Northern California called O'Reilly Media when I got a call from a headhunter who asked if I would consider being the chief information office for the City of Palo Alto. I can vividly remember — it was only about eight years ago — my feeling when she asked the question. The

Malaysian Securities Regulator Approves Crypto Trading Platform

Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog.With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet, SoyaCincau, reported on April 3. The exchange offers fiat-to-digital asset pairings.Malaysian laws require that local cryptocurrency exchanges register with the SC, after which they have up to nine month to achieve compliance with the SC’s regulation standards.Commenting on the development, Hong

As Malta Delays Regulatory Clarity, Fewer Firms Remain on ‘Blockchain Island’

It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric apparently started to shift away from the blockchain sector, as the government now aims to consolidate it with “other niche sectors.”Meanwhile, the Malta Financial Services Authority, continues to pluck out non-registered crypto agents — be