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Bitcoin Daily: India Gov’t Makes Blockchain Regulation Recommendation; Bitfinex Ordered To Freeze $860K Of Bitcoin Paid By Ransomware Attack Victim

PYMNTS

The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. said that national policy might not be enough in terms of crypto regulation. . “We

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Bitcoin Daily: Crypto Phone Coming Soon, South Korean Lawmakers Draft Crypto Rules

PYMNTS

The person who spoke to Quartz , on the condition of anonymity, said that the issue “is about regulating the trade and we need to know where the money is coming from.” However, by allowing crypto assets as commodities, the country may be able to “better regulate trade … so that is being looked at,” the official said.

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Finance in motion— $1B moved for $0.02

Lex Sokolin

The first is that in the web of investment bank technology, there are 20 or more core vendors on which systems run. The second thing is that an addiction to frontier technology?—?crypto how the interest is generated and whether this is regulated banking activity, we’ll leave for another time. was everywhere.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Bitcoin and other virtual currencies are made possible by what’s known as blockchain technology. As startups use blockchain to drive greater transparency and veracity across the digital information ecosystem, they’re boosting awareness of the technology in sectors ranging from payments to public policy. Networking and IoT.

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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

PYMNTS

Supreme Court ruled in May that states may legalize sports betting — it was already allowed in Nevada — four other states have approved such wagering: Delaware, Mississippi, New Jersey and West Virginia. The state allows both online and offline sports betting, with regulation oversight provided by the West Virginia Lottery Commission.