Tsinghua International Blockchain Association (TIBA) news roundup 27 November

1 min readNov 27, 2020
Photo by Bermix Studio on Unsplash

Chinese government-backed blockchain initiative, the Blockchain Service Network, or BSN, is introducing support for another batch of major blockchain protocols. On Nov. 26, it announced that it will integrate Polkadot, Oasis and Bityaun into its ecosystem on Nov. 30. [Cointelegraph]

VeChain has revealed the possibility of establishing a blockchain technology-based system for tracking supply chains in China. The partnership between Walmart and VeChain could be the basis for a new system of cooperation with Chinese authorities and other local companies. [Crypto Flash News]

Libra, the Facebook-linked stablecoin targeted continuously by lawmakers, might get off the ground as early as January 2021, albeit in a more limited format than the original multi-currency basket envisioned. [Coindesk]

OECD tax director says international crypto tax standards are coming in 2021. The director of the OECD’s tax center has revealed that the organization expects to release a tax reporting standard for crypto assets by the end of next year. [Cointelegraph]

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Compiled by Nico Gous (nicogous@gmail.com / nico.gous@yahoo.com)




Tsinghua International Blockchain Association @ Beijing, China