Republic of Georgia rules to exempt cryptocurrencies from value-added tax. Republic of Georgia has exempted cryptocurrencies from value-added tax (VAT), as Bitcoin.com reported on July 13. Per the report, Georgia’s finance minister Nodar Khaduri recently signed a bill aimed at regulating the taxation of entities that trade or mine cryptocurrencies. The bill entered into force […]
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Researcher from RMIT explains why startups will fail to fulfil their promises to disrupt real estate with blockchain. Why have blockchain pilots in real estate abated somewhat? Those projects bump up against the fundamental inconsistency of blockchain and existing state system, and it seems they cannot confessed to this. First, there is no such thing […]
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Cryptocurrency services firm Prasos has received a payment institution license from a Finnish regulator, allowing it to offer payment services in EEA countries. Finland-based cryptocurrency firm Prasos has secured a payment institution license via the Finnish Financial Supervisory Authority (FFSA). The news comes by way of an official announcement via its crypto exchange website on […]
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Philip Green triggered the wrath of crypto proponents online as the ECB says it has no plans to add bitcoin to its reserves. The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session. Responding to a private query as […]
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Italy, Sweden and the Czech Republic to preside over the European Blockchain Partnership promoted by European Commission. Italy, Sweden and the Czech Republic will share the next one-year presidency of the European Blockchain Partnership, Cointelegraph Italy reported on July 9. Following a meeting of the European Blockchain Partnership today in Brussels, the three countries took […]
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Arizona State University is working with local community colleges to use blockchain for sharing academic record data. Arizona State University is working with local community colleges on using blockchain to innovate data sharing for academic records. The development was reported by university news site Inside Higher Ed on July 9. Arizona State aims to use […]
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The finance minister of Cyprus, Harris Georgiades, said that the country’s blockchain regulation draft will be ready this year. The finance minister of Cyprus, Harris Georgiades, has said that the country’s blockchain regulation draft will be ready this year. English-language local finance news outlet FinancialMirror reported the news on July 4. Per the report, Georgiades […]
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As Israel arrests hackers with military training over the Bitfinex hack, CT talks with cybersecurity experts about the infamous cyber attack. One of the most prominent crypto cybercrimes in recent years took a dramatic turn on June 23, when two Israeli brothers were arrested in connection with the 2016 Bitfinex hack and other crypto-related phishing […]
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European Union banks may have an instantaneous payments system in place by 2020. European Union banks could have an instantaneous payments system in place by 2020, Reuters reports on June 26. Per the report, real-time payments have been possible in the eurozone since 2017, but only about half of the banks in the bloc adhered […]
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The concept of CBDCs has been steadily drawing the attention of jurisdictions worldwide. This month alone, at least three separate countries have reported on their prospective central bank-issued digital currencies (CBDCs): The Republic of the Marshall Islands (RMI) announced the creation of a specially dedicated nonprofit organization to support its digital currency that is already […]
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