South Korea’s Gyeongbuk Province Launches ‘Special Committee’ to Create Blockchain Hub

The government of South Korea’s Gyeongbuk province has launched a “Blockchain Special Committee” with the goal of creating a blockchain hub in the region, local media outlet Daily News reported Nov. 14. North Gyeongsang Province, also known as Gyeongbuk, plans to create a blockchain hub, inviting 40 domestic and foreign […]

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Malaysia’s Education Ministry Sets up University Degree Verification System via Blockchain

The Ministry of Education (MoE) of Malaysia is establishing a University Consortium to combat degree fraud using blockchain, the ministry announced in a tweet Nov. 8. According to the ministry’s tweet, the system is designed to issue and verify the authenticity of university-issued degrees. The new government-backed consortium will initially […]

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US CFTC Chairman: DLT Can Help Regulators Better Oversee Markets

The U.S. Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo said in a speech Nov. 7, that technological advances, including Distributed Ledger Technology (DLT), could help regulators better oversee trading markets. Giancarlo delivered his speech titled “Quantitative Regulation:  Effective Market Regulation in a Digital Era” at the FinTech Week conference […]

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New Amendments to French Finance Bill Would Ease Taxes for Crypto-Related Revenue

The Finance Committee of the lower house of French parliament has adopted amendments to a tax bill that ease taxes on cryptocurrency sales, daily French newspaper Le Figaro reports Wednesday, Nov. 7. The amendments adopted by Finance Committee of the National Assembly refer to a draft of the government finance […]

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Survey: Younger Germans More Inclined to Invest in Cryptocurrencies

More than a quarter of younger Germans is ready to buy cryptocurrencies, according to a recent poll by the German Consumer Centers of Hesse and Saxony published Monday, Nov. 5. Consumer Centers are non-profit, government-backed agencies organized at state level unions. They focus on consumer protection in addition to providing […]

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U.K. Government Squashes Royal Mint’s Plans to Launch Gold-backed Cryptocurrency | BTCMANAGER

Britain’s Royal Mint, a wholly government-owned mint whose primary objective is to create gold and silver coins for the state, will not be launching its gold-backed cryptocurrency any time soon, as the U.K. authorities have kicked against it, reported Reuters on October 23, 2018. Royal Mint’s Digital Gold Ambition Sees […]

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A Maritime Crypto Startup Turns Out To Be A Fundraising Platform For The North Korean Government

It was touted as a blockchain-powered maritime investment project, but it has turned out to be yet another ingenious method of raising funds by the North Korean government. Known as Marine Chain, the startup claimed it would tokenize maritime vessels for their owners, but it has done anything but. According […]

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Royal Mint Gold Idea Shelved Over Exchange Issues and Government Veto

The U.K.’s Royal Mint plans to create a digital token backed by physical gold has been shelved after U.S.-based derivatives exchange, the CME, dissolved a partnership between the two entities and the government stepped in to block proposed trading on a cryptocurrency exchange. Meanwhile, other mints and startups around the […]

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