The Japan-based logistics company will be working with Accenture and Intel to develop a transport network that utilizes blockchain. A Japanese logistics company is planning to incorporate a blockchain network into a new transportation system to be developed next year. According to an article from the Nikkei newspaper, Nippon Express plans to invest up to […]
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Bitcoin’s inability to hold $9K is worrisome to investors but on-chain data suggests brighter days are ahead. Recent events surrounding the rapid spread of COVID-19 to nearly every country on Earth and major markets reaction to the phenomena have crypto investors scratching their heads in bewilderment as the sector has never endured a global financial […]
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Central banks’ growing interest in DLT reveals concerns in the traditional financial sector as the gap between the two narrows Despite the interest shown in decentralized ledger technology by central banks, cryptocurrencies continue to be mistrusted by the traditional financial system. This has been made apparent from comments by Andrew Bailey, the upcoming governor of […]
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Coronavirus anxiety continues to overshadow second day of London Blockchain Week. The second day of Fintech Worldwide’s Blockchain Summit kicked off to unusually glorious sunshine. But you’d be hard pressed to notice that in the venue because there was no natural light filtering through to the handful of attendees that braved the ongoing coronavirus scare. […]
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A California judge has ruled startup ICOBox must pay $16 million after the firm failed to acknowledge initial legal action from the SEC. The U.S. Securities and Exchange Commission, or SEC, has ordered that ICO broker ICOBox must pay $16 million after the startup failed to act on previous legal action from the commission. U.S. […]
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The German Financial Market Authority BaFin has ordered the crypto service provider and operator of bitcoin ATMs KKT UG to stop its business. The German financial watchdog is stopping the operations of a company KKT UG from Berlin that allows consumers to buy and sell cryptocurrencies at ATMs. Lack of necessary permission According to a […]
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Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s user base. Brian Armstrong, the CEO of major cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s’ user base. In a series of tweets on March 4, Armstrong illustrated how the […]
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With the Indian apex court repealing the RBI’s crypto ban, experts now believe that the S.E Asian country’s economy is set to surge. In what is widely being considered a historic day for the crypto industry as a whole, the Supreme Court of India has passed a judgment nullifying the controversial banking ban imposed by […]
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Top Indian exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms in the country. Major Indian crypto exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms […]
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A Protocol Labs General Council member bashed the current crypto tax scene at a recent congressional hearing on blockchain tech. In a United States congressional meeting titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” one of the testifying witnesses called out current cryptocurrency taxation expectations for their overbearing complexity. “Doing […]
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