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Cryptocurrency Daily Roundup - Jan.15

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A summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.

Danish Tax Agency authorized to Collect User Data from Crypto Exchanges

Skattestyrelsen, the Danish Tax Agency, announced it has been authorized by the country's Tax Council, Skatterådet, to collect data including identification information such as names, addresses and CPR numbers. Three Danish crypto exchanges must now provide information to the Tax Agency on all purchases and sales of crypto currencies made by their customers from January 1, 2016, to December 31, 2018.

ETC Labs forms team to oversee Ethereum Classic projects development

Ethereum Classic (ETC) Labs launched a new dedicated core team called ETC Labs Core to oversee the development of Ethereum Classic projects, ETC blockchain and support for these. Last week, U.S.-based cryptocurrency exchange Gate.io had said a 51 percent attack occurred on the Ethereum Classic (ETC) blockchain, which saw the attacker transferring a total of 40,000 ETC in total valued at about $200,000 in four of the total seven rollback transactions detected.

HSBC settled $250 bln worth forex trades on blockchain last year

Asia-focused lender HSBC said it settled $250 billion worth of forex trades using blockchain in the last year. Since February, HSBC has settled over 3 million forex trades and made over 150,000 payments using the distributed ledger technology. The bank used its FX Everywhere platform to co-ordinate payments across its internal balance sheets.

Malaysia implements Cryptocurrency and ICO regulation

Malaysia's Finance Minister YB Tuan Lim Guan Eng announced that cryptocurrencies and initial coin offerings have come under regulation on Tuesday. The Securities Commission Malaysia (SC) said it will issue guidelines to regulate offering and trading of digital assets. The relevant regulatory framework is expected to be launched by the end of the first quarter.

Spanish utility Iberdrola uses blockchain to track Renewable Energy

Spanish energy utility Iberdrola is using blockchain technology to track renewable energy to provide a guarantee to its consumers that the energy it supplies is 100 percent renewable. The use of this technology also contributes to accelerating the decarbonization process.

Current Prices

As of this writing, Bitcoin is up 3.29 percent or $116.61 at $3656.89 on Coinbase. Ethereum is climbing $10.31 or $12.05 at $128.97.

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