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QuadrigaCX Victims Request Proof of Gerald Cotten’s Death By Exhuming Body

Canadian law firm Miller Thomson has made a request to the Royal Canadian Mounted Police (RCMP) to conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten, the deceased owner of the now-defunct Canadian crypto exchange QuadrigaCX.On Dec. 13, the Miller Thomson lawyers explained in a letter

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Int’l Accounting Standards Body Defines Bitcoin as ‘Intangible Asset’

The International Financial Reporting Interpretations Committee (IFRIC) has ruled that cryptocurrencies, including Bitcoin (BTC), are neither financial assets nor legal tender.The Korea Times reported the development on Sept. 23, citing the Korea Accounting Institute’s briefing in regard to an IFRIC meeting held in London this June.Cryptocurrencies neither financial assets

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China Banking Body to Develop Multi-Use Blockchain Platform With Major Banks

China’s self-regulatory bank organization the China Banking Association (CBA) will launch a blockchain-based platform to improve efficiency across the sector, participants confirmed in a statement Dec. 29.The project, formally dubbed the ‘China Trade Finance Inter-bank Trading Blockchain Platform,’ aims to use blockchain to target trade finance, transactions and other financial

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Circle Joins Industry Body for Developing Global Crypto Standards

Crypto finance company Circle has joined the Global Digital Finance (GDF) industry body as a founding member to develop a global “Code of Conduct” for crypto, according to a press release shared with CryptoX on Wednesday, Oct. 31.Circle has confirmed participation with the GDF on Twitter, stressing the company’s commitment

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Israel Has Over 200 Domestic Blockchain Startups: Industry Body

Israeli Blockchain Association, an organization whose primary objective is to educate, develop and empower Israel’s distributed ledger technology (DLT) community, encourage best practices and connect it with global leaders in the blockchain space, has released its third Israeli Blockchain Startup Map. According to a recent press release by the organization, there are

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India’s Largest Internet & Mobile Body Forms a Blockchain Committee

In a marked move to advance the development of the domestic blockchain ecosystem in India, the country’s influential internet industry association has formed a committee dedicated to the decentralized technology. With the new blockchain committee, the Internet and Mobile Association of India (IAMAI) is looking to engage with the government, the

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