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Five Top Automakers to Introduce Blockchain-Based Vehicle Payment System

A blockchain-based identification system is due to be launched in the U.S. markets, whose primary job will be to allow the drivers to pay their parking fees or highway tolls through a digital currency.The project has been undertaken by Mobility Open Blockchain Initiative (MOBI), an international consortium of prominent companies

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Kyrgyzstan Proposes Draft Law to Introduce Crypto Mining Taxation

On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation.New tax proposalAccording to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining.The taxation

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Nuls and Aleph Test New Staking Service, Introduce New Reward Model

Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have jointly completed testing of a new staking service dubbed staked coin output (SCO), which applies a new type of reward model.Per a press release published on Aug. 13, the new service allows community members to stake tokens to receive

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CoinMarketCap and Crypto Briefing Introduce New Analysis Product

Digital currency review platform Crypto Briefing and CoinMarketCap’s Data Accountability and Transparency Alliance (DATA) are jointly launching a new crypto research and analysis product, Simetri. The organizations announced the development in a press release shared with Cointelegraph on July 9.The institutional-grade Simetri is designed to ensure transparency and verifiable

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Russia Will Not Introduce Separate Regulation for Facebook’s Libra

Russia will not develop a separate regulation for Facebook’s cryptocurrency Libra, according to Deputy Finance Minister Alexei Moiseev, Interfax reported on July 1Moiseev stated that Russia will not introduce separate legislation for Libra as there will be uniform rules for all circulating digital currencies. "No one is going to

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Swiss Crypto Bank Dukascopy to Introduce Its Own Cryptocurrency

Switzerland-based online bank Dukascopy is developing its own Ethereum blockchain-based stablecoin, according to the white paper published on June 27Per the document, Dukascopy intends to issue ERC-20 stablecoins dubbed “Dukascash” pegged to the euro, Swiss franc, and U.S. dollar, and gradually increasing the list of Dukascash tokens’ base currencies

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Analyst: Facebook’s Libra Could Introduce Billions of People to Bitcoin; Will It Help Fuel the Next Rally?

Earlier today the world gained insight into Facebook’s highly anticipated cryptocurrency project, dubbed Libra, which is widely expected to help boost the company’s e-commerce initiatives and to attract a significant amount of attention to Bitcoin and the crypto markets.Now, multiple cryptocurrency analysts are viewing Libra as a bullish development for

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