Search Results for "committee"
China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure
Chinese tech giant Tencent Holdings, the owner of China’s messaging platform WeChat has announced that the company will be investing 500 billion yuan ($70 billion) in the next five years in emerging technologies including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity. Tencent is aiming to strengthen the development of FinTech in China, following the push of accelerating the development of blockchain as stated by the country’s President Xi Jinping.
Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful
Andrew Yang, one of the US Presidential election's hopeful, has asserted that blockchain should be embraced in the voting system.
China’s Central Bank Accelerates R&D of its Legal Digital Currency
People's Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency.
China Gears Up for its Digital Currency and Implements New Crypto Law
As a part of its plans for releasing its central bank digital currency (CBDC) soon, China has implemented a law to govern cryptographic password management.
Central Banks to Cross-Examine Libra’s Founders in Switzerland
The European Central Bank (ECB) officials and 25 global central banks will be meeting with Libra’s founders to assess the project.
Crypto Exchange Refuses to Give Up Dissident Names to Belarus Government
Belarus government officials have demanded that a Kuna.io crypto exchange disclose the names of potential dissidents that have leveraged their services.
AICPA Publishes a Practice Aid for Digital Assets
The American Institute of CPAs (AICPA) has not been oblivious to the rapidly changing digital assets ecosystem as it has availed a practice aid to help in crypto accountancy. The practice aid is founded on professional experience and literature from members of the Digital Assets Working Group.
Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology
The Nanshan government of Shenzhen, in the southern Guangdong province in China, has recently announced an agreement with electronics giant Huawei Technologies to establish an information technology center, accelerating the application of technologies including blockchain, artificial intelligence in the district.
Fed Chairman Powell Says Central Bank Digital Currency Would Need to Coexist with Traditional Cash
While speaking at a virtual payments conference hosted by the Basel Committee on banking supervision, Federal Reserve Chairman Jerome Powell said that central bank digital currencies would need to be complementary to physical cash.
‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing
In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers.
IBM Takes Majority Control of Hyperledger Blockchain Steering Board
IBM has doubled the number of its employees on the technical steering committee (TSC) of Hyperledger according to an announcement by the TSC last week. IBM now holds six out of the eleven committee seats which has raised concerns about the tech giant’s new found influence on the enterprise blockchain consortium.
United States Moves Forward With Crypto Regulation
Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.