A statement confirms the Fed will ease the strain on banks over the new year period by creating more than three times Bitcoin’s market cap in new money. The United States central bank will inject at least $425 billion of nonexistent money into the economy by the middle of next month. In a statement released […]
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Glencore is the latest subscriber to the Responsible Sourcing Blockchain Network, a supply chain solution for the metals industry and other commodities providers. British-Swiss commodity trading and mining company Glencore will use an IBM-developed blockchain solution to track cobalt. In a press release issued on Dec. 12, Glencore confirmed it had joined the Responsible Sourcing […]
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The International Blockchain Monetary Reserve and blockchain firm Algorand are jointly launching a microfinance platform and a dedicated token. The International Blockchain Monetary Reserve (IBMR) and blockchain firm Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia. Per a press release shared with Cointelegraph on Dec. […]
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Abkhazia, an autonomous region in northwest Georgia, is planning to intensify work to identify cryptocurrency mining farms in the region. Abkhazia, an autonomous region in northwest Georgia, is planning to intensify the works on the identification of cryptocurrency mining farms in the region. According to a news release published on the Cabinet of Ministers’ website […]
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Central Asia following the sweeping global crypto and blockchain trend, with concrete adoption and utilization cases across the region. Cryptocurrency and blockchain technology continues to be a global phenomenon, with adoption and utilization cases emerging in almost every corner of the globe. Digital technology has become so popular that it is now a major talking […]
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CA State Assembly Majority Leader pushes for legal certainty of blockchain in California, shares plans for moving forward at Elev8CON. Speaking at Elev8CON in Las Vegas on Dec. 10, Majority Leader of the California State Assembly Ian Calderon discussed plans to bring greater legal certainty for blockchain technology to the State of California. California is […]
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China Construction Bank, the world’s second-biggest bank, has officially launched its blockchain-based refactoring platform. China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform. Targeting commercial factoring business, CCB aims to bolster operations and reduce major risks in its refactoring business while providing shared data access by […]
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The People’s Bank of China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises. The adoption rate of blockchain technology in China continues to impress as the People’s Bank of China (PBoC) has reportedly issued 20 billion yuan ($2.8 billion) in blockchain-based special financial bonds for small and micro enterprises. According […]
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The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. According to a press release shared with Cointelegraph on Dec. 9, the Kansai Electric Power Co Inc […]
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South Korea’s government plans to tax capital gains returns on cryptocurrency transactions. The South Korean government plans to tax capital gains on cryptocurrency transactions. A Dec. 9 report from The Korea Times reveals that a revised bill to introduce the measure will be drawn up by the country’s Ministry of Economy and Finance by the […]
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