BitDigest August 10 · Issue #717
- Bitcoin continues to find resistance at $12,000
- China has released an english-language website inviting developers to join the Blockchain Service Network (BSN)
- New York DFS releases “greenlist” of approved digital assets
Will Blockchain Become the Next Tech Battle Ground with China
Like many others, I spent the weekend reading about President Trump’s decision to ban Americans from carrying out transactions with Chinese owned apps TikTok and Wechat. This morning, I discovered that China has released an international website for its national blockchain, the Blockchain Service Network (BSN), inviting developers to create new applications to run on this seemingly-centralized network. Given that China appears to be building this network as the underlying layer operating the country’s new digital infrastructure, I immediately asked myself if President Trump will raise this as his next point of anti-Chinese rhetoric and prohibit US developers from building on the BSN.
The Headlines
China Releases English Version of National Blockchain Network
New York Publishes Virtual Currency Greenlist
Germany Closing Down Unlicensed Bitcoin ATMs
North Dakota Lawmaker Considers State Issued Token
California DA Issues Crypto Scam Warning
Ethereum Classic Pursuing Criminal Investigation Against Network Attackers
OneCoin Investors Settle with Konstantin Ignatov
Bittrex and Poloniex Move for Summary Judgement in Tether Case
Nomura introduces Crypto Reference Tool
Exchange, Custody and Product News
Binance.US Goes Down on Friday
Reports you may have missed
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