In this file:

 

·         Cryptos, Blockchain Listed Among SEC Priorities In 2020

… In documents released Tuesday (Jan. 8), the Securities and Exchange Commission’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. The list offers up a bit of a roadmap, perhaps, into where we might see change on a number of fronts… 

 

·         China to Adopt Blockchain for Governmental Service Centers

·         Australia to launch National Blockchain Roadmap soon

 

 

Cryptos, Blockchain Listed Among SEC Priorities In 2020

 

By PYMNTS

January 8, 2020

 

Call it, perhaps, a New Year’s Resolution list — for regulators.

 

In documents released Tuesday (Jan. 8), the Securities and Exchange Commission’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. The list offers up a bit of a roadmap, perhaps, into where we might see change on a number of fronts.

 

Among them: cryptocurrencies and the financial (alternative) data that is used in the investment realm.

 

“The digital assets market has grown rapidly and presents various risks, including for retail investors who may not adequately understand the differences between these assets and more traditional products,” according to the office.

 

So, the focus will be on retail investors, where the OICE will look at, among other things, investment suitability and the effectiveness of compliance programs and controls, according to documentations. In addition, there will be examination of transfer agents (which help to settle transactions) that are developing blockchain technology.

 

And, generally speaking, the discussion of priorities mentions focus on firms’ disclosures and supervision of their “outside business activities” and “any conflicts that may arise from those activities.”

 

The sights seem set, then, on the mechanics of trading, and perhaps the document points the way to what we might think of as a more “normalized” environment of crypto-related activity. That’s especially true with the mention of the middlemen involved in that trading (the transfer agents).

 

Against that backdrop, we might see the continued evolution of tax policy tied to crypto, and perhaps more defined parameters of crypto as a distinct class of assets.

 

As reported last month, the SEC said it had postponed a decision on...

 

more, including links 

https://www.pymnts.com/cryptocurrency/2020/cryptos-blockchain-listed-among-sec-priorities-2020/

 

 

China to Adopt Blockchain for Governmental Service Centers

 

by Tabassum A., Coinspace

Jan 9, 2020

 

As per the recent report, the provincial government of Anhui, China is stepping up the game of blockchain technology. The agency is looking to adopt blockchain technology across governmental service centers.

 

The report was published by Xinhua News Agency, Anhui and states that the new move is intended to optimize the business environment within the province. It was reported that emerging technologies including blockchain and artificial intelligence will be considered as the key solution to offer governmental services on a 24/7 basis.

 

China is enthralling its pace towards the peaking point of blockchain technology. Notably, this comes in the wake of the country’s president Xi Jinping’s speech on emphasizing China to be a world leader in the blockchain spectrum. As for the recent report, the move is to digitize Anhui’s governance infrastructure which promotes a disciplined and transparent approach to the collection and sharing of government data and resources...

 

more, including links, link to report

https://coinspace.com/news/global/china-adopt-blockchain-governmental-service-centers

 

 

Australia to launch National Blockchain Roadmap soon

 

by Ledger Insights

Jan 9, 2020

 

Australia’s Department of Industry, Innovation, and Science is developing a National Blockchain Roadmap to assess blockchain opportunities in various sectors of the economy.

 

The Roadmap which will launch early this year is being developed with oversight by a committee of representatives from industry, academia and government.

 

ZDNet recently highlighted a report made to the Select Committee on Financial Technology and Regulatory Technology, in which the department stated that blockchain offers promise in agriculture and food manufacturing, providing transparency and authentication of supply chains.

 

The department said using blockchain for food provenance and traceability could improve food safety, and protect Australian growers from fraudulent and counterfeit products. According to Food Innovation Australia, food and wine fraud in 2017 alone cost A$1.68 billion ($1.15 billion).

 

Australia already has a few blockchain food traceability initiatives. The World Wide Fund for Nature (WWF) Australia and BCG Digital Ventures initiated the OpenSC supply chain blockchain focused on sustainability. OpenSC has partnerships with Nestlé and Austral Fisheries for food traceability.

 

Another blockchain startup, BeefLedger, is developing a food provenance platform for beef exports from Australia. It recently launched in China, the biggest importer of Australian beef. Additionally, meat processor Thomas Foods International and grocery retailer Drakes Supermarket are trialling the IBM Food Trust blockchain for traceability.

 

Meanwhile, the Australian government is also developing...

 

more, including links

https://www.ledgerinsights.com/australia-national-blockchain-roadmap/