Bitcoin

Bitcoin Daily: Lancashire Cricket To Enable UK’s First Blockchain Mobile Tickets; Japan Lawmakers To Propose Country’s Own Crypto

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The U.K.’s Lancashire Cricket Club is now selling tickets for all domestic and international fixtures at Emirates Old Trafford in 2020 through a blockchain-based platform, according to the Ticketing Business on Friday (Jan. 24).

Teaming up with blockchain mobile ticketing platform TIXnGO, the move follows “a successful trial of the technology during the 2019 season,” Cointelegraph said.

Meanwhile, lawmakers from Japan’s ruling party are pondering what it could mean to come up with its own electronic money. A party member said the thinking could be an “alarm” regarding Tokyo’s thoughts concerning Facebook’s Libra, Reuters said.

Australia is pushing ahead with a cryptocurrency exchange in Singapore, according to the Independent Reserve on Friday (Jan. 24). 

Adrian Przelozny, chief executive officer (CEO) and founder of the Sydney-based exchange, said he and his team “felt the time was right to make this move.”

Przelozny referenced “a number of positive moves by Singaporean regulators” as part of his reasoning.

Established in 2013, the Independent Reserve claims it has more than 120,000 customers and 8,000 self-managed super funds (SMSFs), a private superannuation fund operated by its members and regulated by Australian law.

Following a number of positive moves by Singaporean regulators, including the introduction of the Payments Services Act by the Monetary Authority of Singapore (MAS), it was confident in making this move.

“Having worked closely with Australian regulators, and as the only Australian exchange to have insurance on crypto assets, the response we’ve received so far from the Singapore market has been overwhelmingly positive,” said Przelozny.

AT&T says a lawsuit over a $1.8 million crypto hack fails to show how the U.S. telecom giant was responsible, according to a CoinDesk report. 

In Jan. 22 filing stating that the case should be dismissed, AT&T indicates that Seth Shapiro's allegation has a “fundamental problem” because it “jumps” from hackers gaining his phone number to the withdrawal of millions of dollars worth of cryptocurrency.

 

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