China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects
The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in various fields such as manufacturing, energy, government and tax services, law, education, health, trade and finance, and cross border finance.” China Establishes Blockchain Testing Zones Sixteen Chinese governmental bodies jointly announced Sunday a list of national blockchain pilot zones “in order to...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said the CEO of a crypto exchange. Thailand’s New Crypto Tax Rules Thailand has scrapped its plan to impose a 15% withholding tax on cryptocurrency transactions...
Fidelity Discusses Future of Crypto Ecosystem — Says Bitcoin Is ‘a Superior Form of Money’
Fidelity Digital Assets has released a report explaining why bitcoin is a superior form of money. The report discusses the future of the digital asset ecosystem and compares bitcoin to newer and smaller cryptocurrencies. Fidelity Says ‘Bitcoin First’ Fidelity Digital Assets, a subsidiary of Fidelity Investments, published a report this week titled “Bitcoin First: Why investors need to consider bitcoin separately from other digital...
iTunes DRM Removal Could Come Back to Haunt Record Labels in Piracy Liability Lawsuit
In the late 2000s, music fans were delighted by the news that record labels and Apple had agreed to remove all DRM from music files downloaded through the iTunes Store. The music industry had initially insisted on strong copy protection to make it harder for music pirates to share these files. However, legitimate consumers were inconvenienced by these measures too. The removal was a breakthrough for anti-DRM advocates and a big step...
Build your own container on Linux
Containers are run in the cloud. That’s because container technology allows websites and web apps to spawn fresh copies of themselves as demand increases. They’re the reason hundreds of millions of people can use popular sites without those sites buckling under the pressure of global traffic. Containers are a Linux technology, meaning that they rely on code (specifically cgroups and namespaces) unique to the Linux kernel,...
