Check the bad crypto news of the past week. Bitcoin has been on a downward streak for the last week, down around 15 percent over the last seven days. That’s bad but it could be worse. You might have put your money in stocks. Some people, though, remain optimistic. RT’s Max Keiser predicts that the […]
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U.S. firm Alternet Systems (ALYI) is preparing to launch a $100 million ICO intended to fund electrical vehicle production for the African market. Alternet Systems Inc (ALYI), an energy storage, military application, and electric motorcycle firm, has entered into a new partnership to launch a cryptocurrency dedicated to funding electric vehicle projects in Sub-Saharan Africa, […]
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A new initiative by the Italian Red Cross aims to raise funds via cryptocurrencies to face the coronavirus in Italy. The Italian Red Cross and the Colli Albani Committee are raising donations Bitcoin and other cryptocurrencies to fight the country’s coronavirus pandemic with the support of Helperbit, as announced on March 12. Goals of the […]
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The co-founder is making more time to pursue philanthropic efforts. According to a press release, software developer, philanthropist, and Microsoft co-founder Bill Gates will depart the company’s board. Now 64 years old, the business magnate started Microsoft alongside Paul Allen in 1975. The company is surely most known for its Windows computer operating system, which […]
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Industry experts tout blockchain as a development driver in Africa across a number of sectors at the Blockchain Africa conference. Impressive use-cases of blockchain technology have come to the fore after the conclusion of the 2020 Blockchain Africa Conference in South Africa. The event went ahead as planned in early March despite the global coronavirus […]
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Not all banks appear to be complying with the Supreme Court’s ruling in favor of providing services to crypto-related firms. Earlier this month, India’s Supreme Court delivered its verdict in a landmark case that promised to usher in a bullish era for cryptocurrency in the country. The Court ruled to overturn a circular from the […]
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This week, the UK’s central bank issued a discussion paper on how digital currencies could be introduced and used in the country. The Bank of England (BoE) is seriously weighing the pros and cons of issuing a central bank digital currency (CBDC) denominated in pounds sterling. Britain’s central bank recognized that a digital pound could […]
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The South African Presidency is touting blockchain technology to reduce unemployment and drive GDP growth in the country. The South African Presidential Commision on the Fourth Industrial Revolution believes that blockchain technology and Artificial Intelligence could help reduce unemployment in the country. Commissioner Mpho Dagada told the Blockchain Africa Conference in Johannesburg this week that […]
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Many fintech companies chose London because of its strong financial regulation, but how will Brexit affect the industry in Europe and the U.K.? The first round of negotiations between the United Kingdom and the European Union to determine their future, post-Brexit relationship took place between March 2 and March 5 in Brussels, Belgium. The outcome […]
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The Australian tax authorities explain the approach behind their campaign to contact up to 350,000 crypto investors with reminder letters. This week, the Australian authorities launched a major campaign to prompt as many as 350,000 crypto investors to comply with their tax obligations. In an interview with Cointelegraph on March 12, a spokesperson for the […]
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