South Korea to Develop an Identity Platform on the Blockchain for Autonomous Vehicles

South Korea’s smart city Sejong will be establishing a blockchain-based identity verification platform for self-driving vehicles. The government of South Korea’s planned city Sejong — which is the country’s testing ground for major smart city solutions — announced Friday that it will be establishing a blockchain-based platform for storing and verifying the digital identities of […]

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China’s Blockchain Love Affair Continues With New Financial Pilot

A pilot program is underway in Hainan’s province that aims to strengthen cross-border payments via blockchain technology. Another Chinese province, Hainan, joins the blockchain ecosystem with the announcement of a cross-border financial services platform. News of the platform’s pilot was announced on May 8. According to the local newspaper, Hainan Daily, the central government approved […]

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Gibraltar MP: Unless Outlawed, Every Country Recognizes Crypto Payments

Gibraltar’s financial minister says every jurisdiction recognizes crypto payments in the absence of policies explicitly outlawing them. In an exclusive interview with Cointelegraph, Albert Isola, Gibraltar’s minister for digital and financial services, argued that every country that respects contract laws recognizes crypto payments in the absence of regulation which prohibits them. On the question of […]

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Bitcoin Acceptance Skyrockets in Venezuela Amid Hyperinflation Crisis

As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto. Over 20,000 shops and enterprises in Venezuela will reportedly start accepting crypto by June 1. This news was made available as part of an effort to drive crypto adoption in the hyperinflation-stricken country.  Earlier today, Panama-based cryptocurrency merchant gateway startup, Cryptobuyer, announced a […]

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Google Searches For ‘Bitcoin Halving’ Skyrocket to Unprecedented Numbers

Google data shows unprecedented interest in Bitcoin’s block halving, far exceeding 2016 numbers. Google searches for “Bitcoin halving” have hit an all-time high, far exceeding the spike associated with the previous halving event by 350%. Searches for the Bitcoin (BTC) halving event have reached 100 on Google’s normalized scale, indicating their highest-ever value. At the […]

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