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Utah became the first state of the US to give special treatment to the blockchain. In the bill that was introduced on 4th March, the proposed legislation will stop the blockchain companies from being categorized as a mere money transmitter. The bill was first presented by Republican Senator Mr. Daniel Hemmer last week. The proposed […]
Bahrain to provide the base for Indian Fintech The Island country of the Middle East, Bahrain is promoting itself as an economical technology center. They have invited participation from Indian companies to be part of their fintech development. As announced by Mr. John Kilmartin Executive director of EDB, as per the report published on 3rd […]
Earnest and Young have debuted in the crypto industry by launching their crypto asset accounting tool (CAAT). The tool will help in tax calculations and accounting of crypto transactions. The tool will make the payment of the cryptocurrency taxes lot more manageable, as per the company announcement made on 4th of March. The CAAT launched […]
Recently Bitcoin has celebrated its tenth birthday, after its birth many other altcoins came into existence but the gates of the mainstream commerce are still tightly closed for them. Crypto companies are still finding it tough to start bank accounts for them. According to a report, the difficulty is still faced by the customers of […]
Circle, one of the significant crypto startup, is planning to rise $250 million through funding. If the plan turns to be successful, then Circle will be the newest company to raise funds in-spite of facing the market crash, as per the reports published on the 2nd March. The firm runs an institutional trading branch called […]
Innovation is the bottom line for technology, crypto investors are always provided with the newest possible solution through Lightning Network of Bitcoin, and several companies are working to create their program. Blockstream is also working on updating its C- lightning programme that will be released after eight months. The programme under development will bring advancement […]
The Standard Bank of South Africa has planned to move to its private permissioned DLT payment system according to an announcement made on the 28th of February. The movement is made by the bank to facilitate the overseas payment for its corporate client for their foreign exchange trade. The major bank of South Africa aims […]
The crypto wallet provider Coinomi has denied the allegation that the wallet has a bug in it that allows the google to view the users seed phrases. Reportedly Coinomi generates 24 seed phrases which in turn enable its users to restore wallet on any platform. And helps them to manage the wallet on phone or […]
The German cabinet has announced that they will be announcing the blockchain strategy of the country by the mid of 2019. The announcement was made seeing the budding number of fintech enterprises in the country. The government has asked for advice from various blockchain companies so that they understand the benefits and disadvantages of the […]
Two major tech companies in Japan have teamed up together to work on blockchain technologies in the education sector, the idea behind this partnership is to stop the duplication of educational records. As per the declaration done by Fujitsu Research Institute, Sony Global Education, Inc., and Fujitsu Limited, will introduce a field trial to assess […]
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