Cryptocurrency, despite the massive drop in value from a year prior, was still a hot topic of discussion at the World Economic Forum in Davos, Switzerland. Experts on cryptocurrency and blockchain debated the technology in the panel “Building a Sustainable Crypto-Architecture” with insight into both sides of the discussion.
In France, several proposed changes to the laws governing the tax treatment of cryptocurrencies were rejected in the parliament on December 17th. The proposals would have made the tax treatment for transacting in cryptocurrencies more advantageous. The decision comes a week after two French lawmakers released a report advocating for the investment of hundreds of millions of public money in blockchain technology.
An American blockchain technology company has filed a lawsuit against Bitcoin.com, Bitmain, Kraken Exchange, and others, alleging they illegally manipulated the Bitcoin Cash network during the recent November hard fork. It appears that the hash war, which observers attributed Bitcoin ABC winning, may not be over yet.
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J Ventures, which held one of the first initial coin offerings (ICOs) in Thailand earlier this year, announced a partnership with R3 and Microsoft to support its peer-to-peer lending system. The news indicates that R3’s “DLT Not Crypto” strategy may be evolving.
Indian cryptocurrency exchange Zebpay stopped offering trading services earlier today, September 28th. The firm cited difficulties related to a decision taken earlier this year by India’s central bank barring all financial institutions in the country from providing services to businesses dealing with cryptocurrencies.