Goldman Sachs has led a $25 million strategic funding round for blockchain startup Veem. U.S.-based banking giant Goldman Sachs has led a $25 million strategic funding round for blockchain payments startup Veem, with participation also confirmed to Cointelegraph from Silicon Valley Bank on September 27. Veem, which utilizes digital ledger technology to increase the efficiency […]
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Experts conclude in a joint report that Colombia’s draft bill on crypto regulation has “inconsistencies and weaknesses.” A draft bill on crypto regulation presented to Colombia’s Congress has been heavily criticized by the local tech sector, Colombian financial journal Dinero reports Tuesday, September 24. The draft was introduced in late July by senator Carlos Abraham […]
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A new amendment from the South Korean government will exclude the sale and brokerage of digital assets from venture business classification. South Korean cabinet ministers have agreed to exclude digital assets trading companies from venture business classification, Business Korea reported September 27. Back in August, the country’s Ministry of Small and Medium-sized Enterprises (SMEs) and […]
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Italy will join an EU blockchain partnership with 26 member states, local MP Mirella Liuzzi confirms in an interview. Italy is about to enter the European Blockchain Partnership, according to the country’s Member of Parliament (MP) Mirella Liuzzi, as cited by Cointelegraph Italy Thursday, September 27. According to Liuzzi, the partnership — a collaboration of […]
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North and South Korea: divergent political situations and divergent approaches to crypto. South and North Korea may be separated by a border that’s only 2.5 miles wide, but the two nations couldn’t possibly be more different, at least when it comes to crypto. South Korea has emerged over the past few years as one of […]
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Chinese search engine Baidu has released a white paper for its so-called “Super Chain” technology. Chinese search engine and web services company Baidu has released the Baidu Blockchain White Paper V1.0 on Wednesday, September 26, which describes the development of a “Super Chain” network system. Baidu Blockchain Lab released the blockchain white paper focused on […]
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A Xinhua News Agency investigation revealed ways Chinese crypto investors are avoiding the country’s ICO ban. An investigation by the Xinhua News Agency has shown it is possible to bypass China’s Initial Coin Offering (ICO) ban, according to an article published September 26. The investigation has shown that despite the government’s efforts to crack down […]
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Swiss startup SEBA Crypto AG has raised $103 million to build a bank offering crypto-related services. Switzerland-based startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to set up a bank offering cryptocurrency-related services, Reuters reported September 26. SEBA is reportedly headed by former UBS bankers — Guido Buehler as chief executive […]
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A recent report by the Statis Group shows that the volume of cryptocurrency trading will grow at a CAGR of 9 percent until 2028. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct […]
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Porsche has announced it will invest $176 million over the next five years in new technologies, including blockchain and AI startups. German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to […]
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