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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

Orionx exchange digital currency in Chile lose a continuing legal battle in the Supreme Court

Orionx exchange digital currency in Chile lose a continuing legal battle in the Supreme Court

05:40 pm 2018-12-06

Chile's Supreme Court has ruled against the Orionx exchange of digital currency, allowing a state-owned bank to close its account, a local news website reported Tuesday (December 4th). The third chamber of the Supreme Court overturned the decision taken last July, which secured the protection of Orionx and forced the state-owned state bank (Banco del Estado) to reopen its account. The new ruling stated that the bank acted correctly and did not violate any rules of the Chilean constitution . In the decision, the judge also claimed that digital transactions do not have any physical appearance or intrinsic…

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​7 EU states decide to adopt the dependence on Blockchain to strengthen government services

​7 EU states decide to adopt the dependence on Blockchain to strengthen government services

09:20 am 2018-12-06

Seven EU Member States have met to promote the use of Blockchain technology to enhance government services and economic prosperity. The southern European countries: France, Italy, Spain, Malta, Cyprus, Portugal and Spain signed a joint declaration last Tuesday to encourage the adoption of Blockchain in the region to transform their economies. They have also committed themselves to collaborating in the development of technology in order to become "a leading region in this sector". The announcement was signed in Brussels, Belgium, on 4 December, last Tuesday. The group explained in the document that Blockchain can be…

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​Switzerland allows digital currency companies to handle 100 million dollars of deposits

​Switzerland allows digital currency companies to handle 100 million dollars of deposits

11:40 am 2018-12-05

Swiss financial regulator Finma has added licenses to coded asset companies, which are allowed to handle $ 100 million, in public deposits under new regulations, published last Monday, 3 December. Digital currency companies can handle up to $ 100 million of deposits in Switzerland. Finma has also identified stringent credit and operational requirements for applicants. For example, cryptographic startup companies must provide clear documentation describing their business, target market and location. The regulatory body also requires full disclosure of board members, including their home addresses and any record of past criminal activity. In addition, shareholders who own,…

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​CEO of Quoine: Bitcoin will outperform all levels next year

​CEO of Quoine: Bitcoin will outperform all levels next year

11:10 am 2018-12-05

Over the past year, the digital currency industry has seen many estimates from experts, who said Bitcoin's price will rise to unprecedented rates by the end of 2018, with estimates ranging from those provinces from $ 15,000, to a more liberal $ 50,000. As markets have failed to meet these estimates and are currently trading just above their lowest level since the beginning of the year, industry experts are eyeing the end of 2019. Quoyne CEO Mike Kayamori told Bloomberg that he expects to exceed The price of Bitcoin is at an all-time high of $ 20,000 by…

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​Hyperledger Announces New Encryption Library for Blockchain Development

​Hyperledger Announces New Encryption Library for Blockchain Development

08:57 am 2018-12-05

The Hyperledger Technical Steering Committee approved the Ursa project, a standard encryption software library, according to an official announcement issued Tuesday. According to the statement, with the maturity of Hyperledger, the projects began to "find sophisticated cryptographic applications," describing the function of Ursa as a conversion of each project implementation of its own protocols to collaboration in a shared library. Ursa aims to avoid lost work in duplicate projects, enhance security by streamlining analysis, and making it less likely for people with less experience to create their own insecure applications. In addition, the project should provide the…

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​South Korea plans to tax the digital currency and ICO

​South Korea plans to tax the digital currency and ICO

07:21 am 2018-12-05

South Korea plans to tax digital currencies and initial currency offers "ICO", although there is no regulatory framework. Hong Nam-ki, the South Korean finance minister and candidate for the proposal, has also been informed by a local media outlet, Korea Times. The news comes at a time when Ohio has allowed its citizens to pay tax bills through the famous Bitcoin currency. However, the South Korean government does not appear to be operating on the same page as Ohio. Nam Kye submitted written answers to the South Korean National Assembly in response to a question based on…

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​G20 renews its pledge to regulate the digital currency market

​G20 renews its pledge to regulate the digital currency market

06:02 pm 2018-12-03

G20 leaders reiterated their commitment to the need to regulate the digital currency market as part of a statement issued on Sunday after a meeting in Buenos Aires. In a statement entitled "Building Consensus for Fair and Sustainable Development", G-20 participants committed themselves to a number of measures to assist in the development of the global economy. As in previous group meetings, the document highlighted digital currencies as one of the areas requiring greater regulation . The statement said: "We will regulate the digital currency, in line with FATF standards, and we will consider other…

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Ohio invests 100 million dollars in emerging Blockchain companies

Ohio invests 100 million dollars in emerging Blockchain companies

05:51 pm 2018-12-03

Two of the accelerators in Ohio, the United States, began investing more than $ 100 million in favor of Blockchain technology. According to a report from Cleveland.com, on Monday, JumpStart, a Ohio-based non-profit organization that supports and finances start-ups, has decided to invest $ 100 million in Blockchain companies, which at an early stage focuses on commercial or government use issues, Others in the state. FlashStarts, a business accelerator from Cleveland, Ohio, will also provide $ 6 million to enable start-ups to increase initial funding rounds. Funding plans were unveiled at the Block Land Solutions Conference…

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Thailand tries Blockchain to track VAT payments

Thailand tries Blockchain to track VAT payments

05:45 pm 2018-12-03

The Thai government has tested Blockchain technology as a means of tracking VAT payments in the country. According to a report by the Bangkok Post, on Monday, Thailand's revenue department is considering the implementation of Blockchain, to prevent fraudulent claims to recover VAT in the country, VAT is a form of consumption tax on goods and services. "The Blockchain will help verify VAT invoices and help in the elimination of any non-original, and it is also said that the agency plans to take advantage of other emerging technologies such as automated learning, artificial intelligence, and massive…

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​Formation of the Blockchain Society in Mexico for the first time in the history of the country

​Formation of the Blockchain Society in Mexico for the first time in the history of the country

01:07 pm 2018-11-30

The first blockchain association in Mexico was formed, and its founding members of the industry, such as Blockchain ConsenSys, according to Forbes Mexico, last Wednesday. Blockchain was founded in Mexico, through Bitso, Volabit, BIVA, GBM, Lvna Capital, ConsenSys, and Exponent Capital. The goal of the organization is to educate citizens in the diffusion of technology and its potential applications. The Association intends to develop standards and practices before technology becomes prevalent. "Blockchain technology aims to create more transparent, safe and efficient procedures," said Felipe Vallejo, interim president of Blockchain, Mexico. "We want to create a space…

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