Cryptocurrency News

The Australian Transaction Reports and Analysis Centre (Austrac) is reportedly testing a blockchain prototype. The latter, in particular, is meant for the automation of reporting cross-border transactions by institutions. Here is everything about it in a nutshell.

Accenture has just revealed a prototype blockchain-powered supply chain app. It is reportedly designed specifically for rewarding business practices that help in conserving natural resources.

According to an official blog post, the two network upgrades for Ethereum, codenamed St. Petersburg and Constantinople, are due to take place this week. This upgrade is to occur at block 7,280,000 on Ethereum’s Blockchain. This block is expected to be mined on February 28 – the last day of the month.

The Russian State Duma, which is the lower house of the Federal Assembly of the country, is reportedly planning to review and even adopt a new digital currency regulation come March this year. Igor Yusufov, the former Energy Minister, is also proposing the idea of an oil-back cryptocurrency.

Canadian banks have reportedly expressed hesitation towards the infamous QuadrigaCX. According to the official report, these banking institutions are heavily concerned with the insolvent digital currency exchange’s assets.

Researchers and/or academics hailing from the University of California, San Francisco, have reportedly proposed the idea of utilizing and/or sharing medical data by leveraging a blockchain-powered system. Interestingly, there is an article detailing their research and has been published by the international research journal called Nature.

In the latest cryptocurrency news, there are at least two companies based in the United States state of Ohio that have decided to pay taxes using digital currencies. The interesting move was revealed by none other than the state’s very own Treasurer named Robert Sprague, who gave further details about it in a forum.

ShapeShift, which is a digital currency exchange company, is looking to shift its management for the better. According to the official report, the firm wants to introduce a new CFO; hence, it is making steps to find one.

A postdoctoral researcher hailing from the University of Luxembourg wrote in his study something about the existence of a central bank digital currency. Basically, the idea of issuing the latter is quite attractive to ignore. The research, in particular, was reportedly shared by the Oxford Business Law blog recently.

The government of Thailand has made a significant move in the blockchain space. According to the official report, the country has decided to allow blockchain-based securities to be both issued and traded.