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US Court Tells Telegram and SEC to Focus on ‘Economic Realities’ of Gram Token Sale

A U.S. federal judge says the SEC shouldn't get hung up on "labels" in determining whether messaging platform Telegram conducted an illegal securities offering.In his first public remarks on the case, Judge P. Kevin Castel of the U.S District Court for the Southern District of New York began Wednesday's hearing

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Why Eurasian Debt, Economic Uncertainty Make a Bull Case for Bitcoin

Bitcoin (BTC) bulls will no doubt keenly watch talk of the need for “a new, neutral global reserve asset” at the heart of the traditional financial sphere. Financial Times business columnist and associate editor Rana Foroohar published an opinion piece on Nov. 25, pointing to the renewed, half-justified “paranoia” of

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Red Cross Deploys Blockchain to Boost Communities’ Economic Resilience

Three national units of the Red Cross — the largest humanitarian donor after the United Nations — are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies.According to a report from the Thomas Reuters Foundation on Nov. 26, the Red Cross societies of Norway, Denmark

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World Economic Forum Teams up with Seven Mining, Metals Companies On Blockchain-Driven Supply Chain Solution

The World Economic Forum has teamed up with seven leading mining and metals companies to experiment, design and deploy blockchain solutions that will accelerate responsible sourcing and sustainability practices. advertisement Leading mining and metals companies have joined forces to accelerate responsible sourcing of raw materials with the World Economic Forum. The Mining and

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Bitcoin, Gold Dives in Tandem as China Posts Poor Economic Data

Perceived safe-haven assets Bitcoin and Gold were trending downwards on Friday as investors processed the emotional aftermath of China’s weak economic data.Bitcoin extends bearish bias after breaking crucial support of $8,000 | Image credits: TradingView.comThe BTC/USD instrument slipped by 1.96 percent, or $158.23, on San Francisco-based Coinbase exchange to trade

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Economic Dept. of Dubai Unveils Blockchain-Based Business Registry

The Department of Economic Development in Dubai has announced its move to a blockchain-based unified business registry platform (UBRP).According to a Saudi Gazette report on Oct. 7, the platform aims to improve the ease of doing business in Dubai and enable license issuers to manage trade licenses and corporate registries.The Silicon

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