Samsung SDS is looking to capitalize on investments and research into emerging technologies by upgrading its smart logistics platform to include blockchain and artificial intelligence.
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Later this week, Japan’s FSA will serve administrative notices to several cryptocurrency exchanges and may suspend some operations, according to Wednesday reports.
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On Tuesday, the CFTC was granted a preliminary injunction in its case against Patrick K. McDonnell and CabbageTech, Corp, a ruling which supports the agency’s 2015 finding that virtual currencies like bitcoin are commodities.
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On Wednesday, the SEC gave notice that exchanges supporting security tokens must register with the agency or seek exemption. This requirement extends to platforms that facilitate the trading of tokens distributed through initial coin offerings (ICOs), if those digital assets are subject to federal securities law.
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The editors of the Merriam-Webster Dictionary have announced that a slew of new words have been added to their official lexicon, including “cryptocurrency,” and “ICO.”
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BMW is participating in a blockchain trial that seeks to lay the groundwork for a cobalt supply chain that is free of child labor.
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Tandem annual conferences held this week in China saw top political advisors meet alongside the national legislature. The meetings provided a backdrop for comments by one of China’s regulatory directors on the evolution of blockchain technology.
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On Tuesday, a letter addressed to Senator Ron Wyden from FinCEN regarding its oversight and enforcement capabilities for virtual currencies was published. Depending on the nature of an initial coin offering (ICO), a money transmitter license may be required.
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On Tuesday, Carrefour announced the extension of its blockchain-based supply chain system, which is currently used to track free-range chickens from farm to table. By the end of 2018, the company will add provenance for a handful of other food products.
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HB5553, which was recently introduced to Illinois’s legislature, would prevent local governments from restricting individuals’ and companies’ use of blockchain technology and smart contracts.
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