BTG Pactual, the leading Latin America investment bank, joined the organizing committee of the Post-Trade Distributed Ledger Group. Leading Latin America investment bank BTG Pactual joined the organizing committee of the Post-Trade Distributed Ledger (PTDL) Group. Alliance for blockchain use Industry news outlet LedgerInsights reported on Aug. 15 that Brazil-based bank BTG Pactual joined PTDL […]
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Commerzbank executes milestone trade on Marco Polo platform following integration of a logistics provider. Commerzbank and Landesbank Baden-Württemberg (LBBW) have completed another milestone trade on the Marco Polo platform. As reported Aug. 15, on this occasion, logistics provider Logwin AG was integrated into the digital process chain, digitally and in real time. Same same but […]
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Companies are actively hiring blockchain and cryptocurrency specialists, while the number of job searches has dropped. Along with Bitcoin (BTC) price growth in 2019 (from $3,400 in February to $12,689 in June), some segments of the labor market related to cryptocurrencies and blockchain have also actively manifested themselves. Demand for lawyers has risen sharply, Facebook […]
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Cryptocurrency holders that will not reply are subject to account examination by the United States Internal Revenue Service. Last month, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The IRS has begun sending letters to taxpayers with digital currency transactions that potentially failed to report […]
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A blockchain and a fintech startup partnered with South Korea’s oldest bank, Shinhan Bank, to develop a blockchain-based security solution. South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution. Korea’s Shinhan bank to enhance security with blockchain According to a report published on Aug. 14 by local […]
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What does the next decade hold for blockchain? Institutional adoption, portfolio diversification, fundraising schemes and IoT. In the last decade, blockchain and distributed ledger technology has had an immense impact on a multitude of industries, with 84% of organizations experimenting with the technology, with more than half (52%) of blockchain projects in the research and […]
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New Zealand bank ABS funds local blockchain startup to expedite global trade platform. New Zealand’s Auckland Saving Bank (ASB) has invested in local blockchain startup TradeWindow. The funding, reported Aug. 13, should expedite the launch of the company’s Distributed Ledger Technology (DLT) trade platform. Applying blockchain to the global supply chain TradeWindow CEO, AJ Smith, […]
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Why do countries forego large cash transactions and what role will cryptocurrencies play in this transformation. The Liberal Party of Australia recently proposed a draft bill clarifying that purchases of over 10,000 Australian dollars (around $6,750) in cash would not be legal. According to the government, this step will dissuade tax evasion and encourage a […]
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The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology as technologies that could disrupt the payments industry. The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology (DLT) as technologies that could disrupt the payments industry. In an Aug. 9 blog post, Richard Laycock, the deputy […]
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Hedera says the addition of IBM and Tata Communications to its council “further decentralizes the platform’s governance.” Public distributed ledger Hedera Hashgraph has announced that IBM and Tata Communications have joined its governing council. In a news release on Aug. 12, the platform described the addition of the two firms as a “powerful endorsement” of […]
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