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business news
Another ICO Conference Cancels in Wake of China Ban
A second conference on blockchain-based fundraising has been cancelled following news that regulators in China have formally outlawed the use case.

Microsoft Plays Blockchain Matchmaker with Azure Council Creation
Microsoft has confirmed the creation of a new blockchain group aimed at helping its customers make money off blockchain.

Report Casts Doubt on Future of China's Bitcoin Exchanges
Unconfirmed reports from China suggest regulators may be considering severe restrictions on domestic cryptocurrency exchange businesses.

Sprint and SoftBank Back New Blockchain Consortium for Telecoms
A group of telecom carriers including Sprint have formed a new blockchain consortium.

The US Government Needs an IT Reboot – And It Wants the Blockchain's Help
U.S. government agencies are reaching out to the blockchain community for help drafting an action plan for bringing its IT systems up to speed.

Japan's GMO Internet Reveals Cryptocurrency Mining Plan
Japan's GMO Internet is launching a new bitcoin mine in Europe, months after it launched a cryptocurrency exchange.

Cambridge Blockchain Joins Government-Backed DLT Group in Luxembourg
Massachuetts-based digital identity startup Cambridge Blockchain is opening a new office in Paris.

Ethereum Startup ConsenSys Launches $50 Million Blockchain Fund
ConsenSys, the ethereum-based blockchain development firm, has announced a $50 million venture capital fund for startups working with the technology.

Accountancy Platform Xero Adds Veem's Bitcoin-Powered Payments
Users of cloud-based accountancy platform Xero can now send payments via the blockchain, thanks to an integration with Veem.

Reg D on the Rise? Investor-Grade ICO Products Are Coming – and Soon
Is the market for ICOs maturing? Protos' recent announcement of a security token shows an institutional investor market ready to play by the books.
