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republished
Australian State Grants Crypto Startup $100k to Boost Tourism
An Australian state government has awarded $100,000 to a crypto travel company in an effort to bolster its tourism industry.

Germany's No.2 Stock Exchange Is Developing an ICO Platform
Boerse Stuttgart Group is developing a suite of crypto services including an ICO platform.

UBS: Bitcoin Is Too 'Unstable and Limited' to Function as Money
UBS doesn't believe bitcoin constitutes money or a viable asset class yet, but it could in the future.

Canaan Wants to Put Bitcoin Mining Chips Inside TVs
Bitcoin mining hardware manufacturer Canaan Creative has debuted two new mining products.

Korea's Financial Regulator Wants to Use the Blockchain for Stock Trading
South Korea's Financial Supervisory Service has encouraged public and private sector companies to develop a blockchain-based stock trading system.

SEC Subpoenas Another Firm Following Claimed Blockchain Pivot
Long Blockchain, which made headlines last year when its stock surged following a blockchain pivot, has been subpoenaed by the SEC in the U.S.

Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering
A former bitcoin trader from Arizona has been sentenced to 41 months in jail for laundering drugs money with crypto.

Philippines' Proposed ICO Rules Presume All Tokens Are Securities
The Philippines is close to introducing new regulations governing how companies can legally raise funds through initial coin offerings.

Square Sees Profits From Bitcoin Sales Double in Q2
Mobile payments firm Square says it made $37 million in total from bitcoin purchases in Q2, with profits being twice that of the previous quarter.

Nobel Laureate Oliver Hart to Advise Blockchain Startup
Blockchain economics startup Prysm Group has added Nobel Laureate Oliver Hart and former Microsoft chief economist Preston McAfee as senior advisors.
