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South Korea Considers Tax Reduction For Blockchain Growth
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South Korea Considers Tax Reduction For Blockchain Growth

The country has been one of the most aggressive in its pursuit of blockchain-related innovation. According to a document from South Korea's fourth vice ministerial meeting on "Growth through Innovation," which took place on July 13, 2018, the country is discus...
House Agriculture Committee Holds Hearing On Cryptocurrency
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House Agriculture Committee Holds Hearing On Cryptocurrency

This morning the US House of Representatives Committee on Agriculture heard from six experts on cryptocurrency. "We are a long way from the peanut fields in Sycamore, Georgia," Representative Austin Scott said today during the House Committee on Agricul...
Polkadot Launches Second Proof Of Concept In On-Chain Update
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Polkadot Launches Second Proof Of Concept In On-Chain Update

On July 17, Gavin Wood's Polkadot, a platform that allows trust-free communication between blockchains, went live with its second proof of concept. This comes two months after PoC-1, which included a relay chain testnet, user interface, and additional staked v...
Trio Of Finance Giants Apply For Blockchain-Related Patents
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Trio Of Finance Giants Apply For Blockchain-Related Patents

You get a patent application, you get a patent application, everybody gets a patent application! Bank of America, Wells Fargo, and Mastercard experiment with blockchains. On Tuesday, the US Patent and Trademark Office (USPTO) published patent applicatio...
No, Coinbase Didn’t Actually Get Sec Approval
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No, Coinbase Didn’t Actually Get Sec Approval

Coinbase, the largest US cryptocurrency exchange, walked back its claims from earlier this week that it got approval from the Securities and Exchange Commission (SEC) to list cryptocurrencies deemed as securities.  QUESTIONABLE MOVES In June, Coinbas...
Québec Charging Cryptocurrency Miners Double for Electricity
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Québec Charging Cryptocurrency Miners Double for Electricity

The Canadian province of Québec has been given permission to charge cryptocurrency miners higher electricity rates than those charged to residential customers. Canada has never been one to shy away from their interest in cryptocurrencies. They are also ...
Blockchain Trade Finance Platform Set to Launch in Hong Kong
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Blockchain Trade Finance Platform Set to Launch in Hong Kong

A blockchain-backed trade finance platform is getting ready to be launched by the Hong Kong Monetary Authority and partners. The system currently stands as one of the largest examples of a government-backed effort to tackle issues in the worldwide trade financ...
Mueller Indictment Fuels Opposing Claims About Cryptocurrency
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Mueller Indictment Fuels Opposing Claims About Cryptocurrency

The revelation that Russian hackers used bitcoin to fund their hacking operations during the 2016 election has led to two opposing claims about the nature of cryptocurrency. On July 13, Robert Mueller's team filed an indictment of 12 Russian intelligence ...