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US Congressman to Introduce Bills Supporting Blockchain Technology, Cryptocurrencies

U.S. Rep. Tom Emmer (R-MN) is planning to introduce three bills to support blockchain technology and cryptocurrencies, according to a press release published September 21. The three upcoming bills are entitled the “Resolution Supporting Digital…
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Japan Has No Plans to Curb Crypto, Seeks Further Growth

Japan’s positive stance on cryptocurrencies just got reaffirmed. “We have no intention to curb (the crypto industry) excessively,” said Toshihide Endo, the commissioner of Financial Services Agency (FSA), Japan’s top financial regulator. No…
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Money or Assets? How World Governments Define Cryptocurrencies

Cryptocurrencies — what are they? Money? Commodities? Securities? Utility tokens? Or something else? Few national governments seem to be in any kind of agreement on this question, and for now, at least, their divisions have given such currencies…
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Government of India to Recognize Crypto as a Payment Method, Experts Optimistic

Cryptocurrencies have found an unlikely ally in their quest to become legalized in India, following intense legal battles between companies, consumers, and the Reserve Bank of India. The recommendation to legalize crypto comes from the law commission…
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Chinese Influencers Call for Blockchain to Solve Food and Drug Safety Problem

As the Chinese population experience a food and drug safety crisis, with the latest scandal being a fraudulent rabies vaccine for babies, leading technology experts are confident that the blockchain could solve problems related to lack of transparency…
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Ukrainian Financial Stability Council Supports Regulatory Concept for Cryptocurrencies

The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. According to Khromaev, the concept…
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Bank Broker TP Icap Eyes Entry into Cryptocurrency Sector

Interdealer broker TP Icap, one of the world’s largest institutions within the financial, energy, and commodities markets, is about to approach virtual currencies. It has set up a working group for the purpose of analyzing the best way…
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IBM Backs ‘Stablecoin’ Stronghold USD for Fast and Secure Financial Payments

IBM is exploring the use of a ‘stablecoin’ to facilitate fast and secure payments within the financial services sector. The tech giant has teamed up with institutional asset management platform Stronghold, which is federally insured…
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Binance Donates $1 Million to Japanese Flood Victims

Binance, one of the world’s largest cryptocurrency exchanges, is showing its humanitarian side by donating $1 million to the victims in West Japan that were affected by the heavy rains on 7 July 2018. News outlets in the country have reported…
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Report: 18% of People in Turkey Own Crypto Compared to 8% in the US

Eighteen percent of people in Turkey own crypto compared to eight percent in the United States, according to a study conducted by ING Bank. ING Bank Poll Finds 35% Europeans Agree Bitcoin Is the Future of Spending Online “Cracking the…