Category: Crypto

Crimea Considers Blockchain Center for Anonymous Foreign Investments to Avoid Sanctions

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Crimea could possibly create blockchain-based investment platforms for foreign investors under sanctions. Crimean authorities are considering creating a blockchain-cluster that would support investment platforms allowing foreign investors to work in sanctioned countries anonymously, major state-operated Russian news agency TASS reported Nov. 16. Previously this week, the Permanent Representative of the Republic of Crimea under the […]

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Spanish City of Bilbao Launches $171K Tender to Develop Public Blockchain Network

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Bilbao, the largest city in northern Spain, launches a €150,000 tender to create an inter-institutional public blockchain based on Ethereum. Bilbao, the largest city in northern Spain, has launched a €150,000 (around $171,000) tender to develop a blockchain for public services, Bilbao’s municipal authorities announced Monday, Nov. 12. Officials of the largest city in Basque […]

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South Korean University, Radio Broadcast Group Promote Blockchain-Academia Relationship

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South Korea’s Jeju Province is set to create a new blockchain ecosystem in the region to interlink industry-academia specialists. The Korea Radio Promotion Association (RAPA) and Jeju University have signed a Memorandum of Understanding (MoU) for blockchain-related industry and education in the Jeju area, Korean economic media outlet Seoul Economic Daily reports today, Nov. 16. […]

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Canada, UK, Singapore Central Banks: CBDCs Would Reduce Risks in Cross-Border Payments

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CBDCs can improve counterparty credit risk for cross-border interbank payments and settlements, according to the central banks of Canada, U.K. and Singapore. Central bank digital currencies (CDBCs) can help improve counterparty credit risk for cross-border interbank payments and settlements, according to a new in-depth report jointly published by the central banks of Canada, the U.K. […]

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Japan: Queries About Cryptocurrencies Steadily Decline, Financial Regulator Reveals

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Japan’s financial watchdog reports a lower number of crypto enquiries in comparison to quarter two. The number of enquiries about cryptocurrencies from Japanese investors has declined in the third quarter of 2018, according to a report published by Japan’s Financial Services Agency (FSA) Friday, Nov. 16. The FSA, which oversees the country’s crypto market, published […]

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International Charity Oxfam Formally Launches Blockchain Rice Tracker in Cambodia

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Oxfam wants to use smart contracts and blockchain to ensure better conditions for Cambodian rice producers. International charity Oxfam officially launched its BlocRice blockchain supply chain solution for Cambodian rice Nov. 15, Cambodian daily media outlet Khmer Times reports. BlocRice, which aims to use smart contracts to provide transparency and security between rice growers and […]

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WSJ: SEC Opened Probe into Erik Voorhees, Crypto Loans Firm Over 2017 $50 Mln Token Sale

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Crypto loans company Salt, once associated with Erik Voorhees, is facing an SEC probe over its 2017 $50 million token sale and whether Voorhees’ involvement broke the law. Crypto loans company Salt Lending Holdings Inc., once associated with high-profile crypto industry stalwart Erik Voorhees, is facing a U.S. Securities and Exchange Commission (SEC) probe over […]

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