Blockchain

US SEC settles fraud and securities violations charges against the blockchain firm SoluTech.

The U.S. Securities and Exchange Commission (SEC) has settled fraud and securities violations charges against SoluTech, a now-defunct blockchain project. Last week, the SEC announced the project's co-founder and chief executive officer, Nathan Pitruzzello, was slapped with a cease-and-desist...

Indian state Tamil Nadu announces its blockchain policies.

Tamil Nadu has announced its blockchain policies, becoming the first state in India to release its safe and ethical artificial intelligence (AI), blockchain and cybersecurity policies. According to the Indian Express report, the adoption of these ethical blockchain policies...

The U.S. intelligence agency CIA will use blockchain in its research and development arm.

The United States' foreign intelligence service CIA is launching a research and development arm, and blockchain technology will be one of the key areas of focus. The Central Intelligence Agency (CIA) will also research other emerging technologies, including artificial...

US Space Force recruits blockchain firm Xage Security to develop its data protection strategy.

Together with the United States Air Force Research Lab, the US Space Force (USSF) has employed a Silicon Valley-based blockchain firm known as Xage Security to develop its data protection strategy. The chief executive of Xage, Duncan Greatwood, revealed...

South Korean government plans to bring blockchain voting into people’s homes – a report by Saumil Kohli.

According to the ZDNet report, the South Korean Ministry of Science, or ICT, chose a local firm, Ksign, to develop a contact-free platform that will let residents engage with electronic voting, parking space management other housing-based governance measures. The...

China’s Blockchain Service Network to support DAML smart contract language – a report by Sahil Kohli

The Blockchain Services Network (BSN), the largest blockchain infrastructure initiative in China, now has a unified smart contract programming language. Red Date Technology, a major tech company, involved in the BSN's development, will add support for DAML, which is...

US lawmakers present two proposals about blockchain tech in consumer protection – a report by Sahil Kohli.

The U.S. House Committee on Energy and Commerce recently supported a motion that would incorporate elements of the Digital Taxonomy Act and the Blockchain Innovation Act into new legislation as part of the upcoming Consumer Safety Technology Act. The...

The Committee on Energy and Commerce approves two bills for study of blockchain in commerce – a report by Saumil Kohli.

The US Committee on Energy and Commerce has just approved two legislations to spur more in-depth analysis of blockchain technology in government, clearing the way for their vote in the House of Representatives. In a debate moderated by Chamber...

Australia Senate calls for the adoption of blockchain tech – a report by Saumil Kohli.

According to an Australian Senate report, Blockchain technology will be the key to all financial technology (fintech) and regulatory technology (regtech) companies in the future. The report called for the adoption of blockchain and other emerging technologies as the...

Blockchain Capital is suing a Florida firm for trademark infringement over the use of its name – a report by Saumil Kohli.

One of the crypto industry's oldest venture capital firms is suing for trademark infringement over the use of its name. Blockchain Capital has filed a lawsuit against a Florida company, claiming that the latter's name is likely to cause...

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The central bank of Philippines is not yet ready to launch a CBDC.

Philippine central bank governor Benjamin Diokno has announced that the institution's "exploratory" study of central bank digital currency suggests...
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