Goldman Sachs Granted 'SETLcoin' Cryptocurrency Patent

Investment bank Goldman Sachs has been awarded a patent for its proposed "SETLcoin" cryptocurrency settlement system. Dubbed "Cryptographic currency for securities settlement", the concept envisions a system for settling securities trades using a built-in cryptocurrency. When filed in December of 2015, the application notably outlined methods for exchanging SETLcoins for digitized stocks for firms like Google and Microsoft, as well as cryptocurrencies, naming bitcoin and litecoin in particular. Here's how Goldman describes the system: "[A] SETLcoin wallet can house a single security or multiple denominations of the same security (e.g., 1 IBM-S SETLcoin valued at 100 IBM shares). SETLcoin wallets may also house multiple securities (e.g., 1 IBM-S SETLcoin and 2 GOOG-S SETLcoins). For example, a single IBM-S SETLcoin may be exchangeable for one or more "GOOG" SETLcoins (i.e., Google shares), for 13,000 USD SETLcoins, 100 litecoins, and/or for 5 bitcoins." Read more here

Indian Government Considers Tax on Bitcoin Purchases

Indian Government Considers Tax on Bitcoin Purchases Indian officials have been meeting for months to develop a legal framework for digital currencies, forming a special task force in April to study the issue and develop possible options. Now, according to a local publication, new details on that process are emerging, including the possibility of taxes. Notably, according to one official's account, the topic of banning cryptocurrencies was indeed broached during a recent meeting – but in the end, the proposal received little support. The official told the publication: "Banning will give a clear message that all related activities are illegal and will disincentivize those interested in taking speculative risks, but it was pointed out it will impede tax collection on gains made in such activities and that regulating the currency instead would signal a boost to blockchain technology, encourage the development of a supervision ecosystem (that tracks legal activities and may also assist in tracking illegal activities) and promote a formal tax base." Read more here

Ethereum Mining Machine

In Malaysia to find a mining machine for ethereu is really hard. Most of them is mining machine for bitcoin.

If you go to low yat plaza the Tech center in built bintang. DIY one ethereum mining machine may take you a lots of time to setting up one.

Ethereum price now is USD250 is worth for mining.

The pro and cons to own your mining center is you need to manage the machine. The sound is noisy, you have to keep in in the place where will not disturb your sleep. Keep far away from your bedroom.

The pros is you able to mining more than what you purchase.

Nvidia 1060(6pcs)
品牌GTX 1060(gaming  graphic card) 6 gb
速度speed 140mh
主板是biostar  250( motherboard)
电源是长城巨龙1250(Power supply)
4g(RAM)内存 60gb(hard disk)

1Broker Buy Stock With Bitcoin Malaysia

1Broker  –  This trading platform lets you use your BTC to trade CFDs for the top forex pairs, commodities, indices and stocks. They offer leveraged trading and fairly low spreads。