Unlike other countries that may believe the technology behind Bitcoin, Blockchain, is a "fraud" and may trigger financial crisis in the future, Ukraine is turning to blockchain to manage its farmland registry. Bloomberg reported that Ukraine believes that the system they are using now for managing the land ownership may be subject to fraud and…
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Crypto Valley Association (CVA), the Swiss-based not-for-profit association supporting the development of blockchain and cryptographic related technologies and businesses, today distributed a paper on behalf of MME and Blockhaus, proposing a new method for token classification. Both MME, the leading Swiss consultancy firm for law, tax and compliance in Blockchain applications and Blockhaus, a developer of decentralized investment banking platform…
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In 2015, Cointelegraph reproted that Sweden is to become the first ever cashless country in the world. A study conducted by KTH Royal Institute of Techonlogy, around six banks were refusing to operate with cash. Naturally, Bitcoin was rumored to have great future in the country's plans for becoming fully "cashless" society and first Scandinavian country…
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After China announced its ban on domestic exchanges trading Bitcoin, South Korea is the next country that also came out with the news that it is going to ban Initial Coin Offering (ICOs). With the popularity of ICOs going through the roof, with some estimating that the total market value of the ICO market is…
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Dubai is yet another "big player" to join the cryptocurrency craze with its launch of its first ever state cryptocurrency - the emCash. According to Arabian Business Magazine, people will be able to pay for various government and non-government services in Dubai with emCash. The name of emCash comes from the the subsidiary of Dubai…
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Advisory Board includes Toronto Stock Exchange Vice President, Ethereum Co-Founder and Former Yahoo Vice President Enterprise blockchain company Nuco today announced the advisory board for Aion, the first interoperable blockchain network and the framework allowing communication between blockchains. Aion’s 11 advisors bring experience ranging from blockchain, finance, and technology to help guide the company’s mission…
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The U.S. Securities and Exchange Commission today charged a businessman and his two companies with defrauding investors in a pair of so-called initial coin offerings (ICOs) purportedly backed by investments in real estate and diamonds. The SEC alleges that Maksim Zaslavskiy and his companies have been selling unregistered securities, and the digital tokens or coins…
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Two new Bitcoin ETFs have been submitted for approval to SEC by Proshares Capital Management, according to the S-1 documents. The two new ETFs, ProShares Bitcoin ETF and ProShares Short Bitcoin ETF, will be involved in derivatives rather than actual bitcoin purchases. According to the documents submitted by the fund, the ETFs will be traded at…
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As CNBC reported today, Tony Robbins said about bitcoin: "I think [bitcoin] is very iffy, I don't have a clue. I look at that as it's like going to Vegas." It's certainly been a wild ride for bitcoin and bitcoin cash, as the price recently dropped by more than 40%, fluctuating between all-time high levels…
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Ether price has climbed over $300 for the first time in couple of weeks. On September 27th, Ether price level traded consistently above $300, as reported by Coindesk. With fear coming from regulations (China's ban on domestic exchanges to trade bitcoin) and the consistent rumors of different countries launching their own domestic digital currencies (Denmark,…
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