Digital Currency and Blockchain Weekly Round-Up – February 8th, 2019
US SEC solicits companies for blockchain data
The United States Securities and Exchange Commission (SEC) is seeking sources that can provide blockchain data to support its efforts on ensuring compliance and risk monitoring of digital assets. It said that it is “issuing this sources sought notice as a means of conducting market research to determine the availability and technical capability of large and small businesses to provide blockchain data to support the SEC’s efforts to monitor risk, improve compliance, and inform Commission policy with respect to digital assets.”
Seoul appoints ‘Blockchain Governance Team’ members using ICON’s public blockchain
South Korean blockchain project ICON has announced that the Seoul Metropolitan Government issued mobile letters of appointment to its Blockchain Governance Team using its public blockchain. ICONLOOP, a South Korean blockchain enterprise which provides all technical support for the ICON project, developed mobile letters of appointment for the Blockchain Governance Team.
Bank of Korea’s explores central bank digital currency in new report
Researchers at the Bank of Korea (BoK) have published a study that looks into effects of central bank digital currency (CBDC) issuance on financial stability. The study examined the implications of CBDC for financial stability using a model in which commercial bank deposits compete with the central bank deposits in CBDC account and public could access CBDC via direct deposit at the central bank.
Digital Isle of Man establishes blockchain office and sandbox
Digital Isle of Man, an executive agency of the Department for Enterprise, has announced new initiatives aimed at encouraging blockchain businesses in the country. The agency has established a Blockchain Office and launched an Isle of Man Blockchain Sandbox. The initiatives aim to help blockchain businesses navigate the island’s current and future regulatory landscapes, with expert-led assistance and support.
Tulum municipality signs MOU with Overstock.com’s blockchain subsidiary Medici Land Governance
Medici Land Governance, a blockchain subsidiary of Overstock.com focused on land administration, has signed a Memorandum of Understanding (MOU) with the municipality of Tulum in Quintana Roo, Mexico to develop a digital land records platform.
Images of child abuse uploaded to Bitcoin SV blockchain
An incident underscoring the risk of blockchain use for illicit activities has come to the forefront as someone added images of child sexual abuse to the core ledger of Bitcoin Satoshi Vision (BSV), also known as the blockchain, BBC News reported February 06. In an online post dated January 31, payment system Money Button confirmed that the illegal content was added to the blockchain using its service.
- Facebook ramps up blockchain division with new hires
- Kraken acquires London-based Crypto Facilities in nine-figure deal
- Blockchain startup DOVU seeks to raise £2M in Security Token Offering in April
Digital Currency and Blockchain Initiatives