PwC Hong Kong and PwC Singapore announces a joint business relationship with VeChain Global Technology; VeChain is a Blockchain service provider that specializes in Internet-of-Things, anti-counterfeiting, and supply chain management; PwC Hong Kong is now discussing the possibility of providing trust-based services on the VeChain platform - Link
Financial technology startup Ripple to face class-action lawsuit; the lawsuit was brought on by the unregistered sales of XRP tokens, which the complaint claims equals to a ”never-ending ICO”; the lawsuit argues that this violated state and federal laws, through offering unregistered securities to retail investors - Link
EOSIO releases EOSIO Dawn 4.0; this update comes approximately one month after the previous 3.0 release; some of the biggest changes include a new RAM allocation model that builds on a new market-based system, as well as a change in current time from ”time of head block” to ”time of current block” - Link
Request Network and MakerDAO announce a strategic partnership; the cooperation is intended to allow the integration of the Dai stablecoin into the financial decentralized application built on the Request Network; this means Dai will be one of the first five ERC20 tokens on the Request Network - Link
Intel files a patent intended to allow the production of ”high-grade” processing chips for Bitcoin mining; these chips would not only be able to mine at a dramatically faster rate, they would also tout a minimal power consumption; this comes as the 17th million Bitcoin was recently mined - Link
Thailand to implement new cryptocurrency taxes; this comes as some other countries are moving to ease the tax burden of cryptocurrency; Thailand intends to implement a 7% VAT and a 15% capital gains tax on cryptocurrency transactions - Link
Switzerland's largest bank declines to offer investors the option to trade cryptocurrency; this news came at a speech in Basel by UBS’ chairman Axel Weber; Weber went on to call for stricture controls on cryptocurrency, due to their non-transparent nature - Link
Arizona Senate Bill 1091 removes all mention relating to cryptocurrency income tax payment; the final version of the bill does not mention cryptocurrencies in any way, due to a lack of sufficient votes, despite three previous versions of the bill all specifically including cryptocurrencies as a possible payment method - Link
Venezuela announces the creation of a digital cryptocurrency bank for students and youths; the bank will feature Venezuela’s state-owned cryptocurrency Petro, and will launch with a sum of 20 million Petros; Venezuela’s president reiterated that he also plans to launch a gold-backed ”Petro Gold” - Link
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