Chile, whose banks have recently attempted to close crypto exchanges’ accounts, has a very low level of crypto awareness. The results of the first Financial Knowledge Index conducted in Chile reveal that only 39 percent of citizens have ever heard of cryptocurrencies, according to a paper published Tuesday, Oct. 16, by the Chilean Central Securities […]
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Blockchain technology can aid in defragmenting many countries’ procurement structures, a new report concludes. Experts with ties to the World Bank Group presented options for using blockchain in e-government procurement (e-GP) in a report released Wednesday, Oct. 17. The World Bank Group includes organizations commonly known together as the World Bank. e-GP, which refers to […]
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Japan is debating at government level a shake-up of complex tax reporting procedures for cryptocurrency investors. A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax Wednesday, Oct. 17, Japanese daily news outlet Sankei News reports. Highlighting the complex tax filing regime currently in place for Japanese citizens, officials from […]
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Almost two-thirds of those who took Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme. Almost two-thirds of those taking Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme, English-language daily Times of Malta reports Oct. 18. Since the Virtual Financial Assets Act […]
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sponsored Although it is possible to spend crypto in the real world, it isn’t always easy. A new platform wants to make using Bitcoin as simple as bank cards. Be honest: shopping with cryptocurrency isn’t always the easiest experience. Even if price volatility is on your side, spending funds can be nightmarish. Crypto is gaining […]
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Officially confirmed: decentralized internet project TRON and China’s largest internet search provider Baidu will cooperate on cloud computing resources. Decentralized Internet project TRON (TRX) and China‘s largest Internet search provider Baidu will cooperate on cloud computing resources, according to an official tweet from the TRON Foundation posted yesterday, October 17. The tweet confirms a series […]
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Kansai Electric Power Co. will explore how the technology could be used to redefine electricity sales to consumers. A four-way partnership between major Japanese companies will conduct research into the possible use of blockchain in distributed electricity supply, a press release announced Monday, Oct. 15. Kansai Electric Power Co. (Kepco) will work with Mitsubishi UFJ […]
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Major Chinese mining hardware manufacturers could fall under new U.S. tariffs on Chinese-manufactured goods, reaching as high as 25 percent. Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16. Analysts […]
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The World Payments Report 2018 has found that blockchain is currently not able to meet the requirements of the financial market. The World Payments Report 2018 published Oct. 16 has found that distributed ledger technology (DLT) is not currently capable of meeting financial market demands. The annual report was jointly compiled by consulting and technology […]
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Diversified crypto and blockchain firm DMG Blockchain will develop a blockchain-powered platform to manage supply chains in the Canadian marijuana industry. Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17. As […]
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