The BSN Spartan network gains recognition and expands beyond mainland China. The first users of the Spartan network in Hong Kong were Emperor Group, HSBC, Lan Kwai Fong Group and Maxim’s Group. The Chinese government-backed Blockchain Service Network (BSN) has officially launched the Spartan Network, a non-cryptocurrency blockchain infrastructure outside of mainland China. “In order […]
Saudi Arabian Central Bank Hires Head of Cryptocurrency Program
Saudi Arabia plans to keep up with the United Arab Emirates when it comes to cryptocurrencies and is developing a program to regulate the industry. The Central Bank of Saudi Arabia has found the head of the program of virtual assets and digital currency. The former managing director of consulting company Accenture Mohsen Al Zahrani […]
The Australian Department of the Treasury plans to remove crypto assets from the list of foreign currencies
The Australian Department of the Treasury invited the public to discuss the agency’s initiative to exclude cryptocurrency assets from the list of taxable foreign currencies. The current Australian cryptocurrency legislation and the lack of a unified position on the regulation of digital assets create uncertainty regarding the status of cryptocurrencies as an object of taxation. […]
Trezor and Wasabi announce launch date for Bitcoin mixer for hardware wallets
The Wasabi and Trezor project teams are developing a protocol for anonymizing hardware wallets against the backdrop of the control of cryptocurrencies by the authorities. Wasabi announced that it has partnered with Trezor to create the CoinJoin protocol, which will randomly aggregate bitcoin transactions from hardware wallets to hide the source of funds. Representatives of […]