Pacific ‘floating island’ to have its own gov’t, cryptocurrency
Dubbed a Floating Specialized Economic Zone, the 300-home community has received backing from the groups behind the initiative and the sale of the Varyon crypto coins.
Dubbed a Floating Specialized Economic Zone, the 300-home community has received backing from the groups behind the initiative and the sale of the Varyon crypto coins.
It seems that Malta is not the only country to come under the tag of the blockchain island of late, with South Korea also entering the fray in a big way.
The blockchain-backed housing bill called the "Green Housing Public-private Partnership Act" is focused on funding housing projects that meet the state's sustainability standards.
After its feud with New York, Bittrex has decided to take its business to the tiny Rhode Island.
Island Innovation's Island Finance Forum participants like Faiā's George Siosi Samuels agreed that close-knit communities and even a lack of established digital services could work to these nations' advantage in a "digital transformation."
The FBI is investigating reports of insider trading and securities fraud in connection with the company formerly known as Long Island Iced Tea Corp.
The U.S. Marshals Service is searching for a contractor who can manage the digital assets seized from criminal suspects.
As it turns out, the U.S. government is terrible at deciding when to sell and has squandered many opportunities related to its haul of seized digital assets.
British Virgin Islands-based Bitfinex has told a select group of customers they must submit details of their tax affairs, which will be retained and ultimately shared with tax authorities around the world.
The new Malta Business Registry (MBR) would be run on blockchain with the help of artificial intelligence, in a bid to deliver efficient services.
Wengqing Liu was hired as CEO of cryptocurrency exchange EtherDEG in December 2017 but was later fired for unknown reasons.
According to the IMF, the rise of the blockchain sectors in Malta isn’t wholly innocent, and could in fact pose “significant risks” to the country’s financial system.