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BMW, Intel Partner With Government-Backed Blockchain Accelerator

BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe’s startups in order to help build an “inclusive” ecosystem…

Chinese court: cryptocurrency should be legally protected by property of citizens

The Arbitration Court in China ruled that, despite the country’s Central Bank’s ban on trading in cryptocurrencies, Bitcoin must still be legally protected as citizen’s property. The Shenzhen Court published the details of the case through WeChat, stating its decision on a recent economic dispute concerning a business contract involving…

Seoul Mayor Plans $100 Million Fund to Build Blockchain Smart City

Park Won-soon, the mayor of Seoul, has revealed a five-year plan to invest $108 million to develop the South Korean capital as a smart city powered by blockchain. In a speech during his visit to Zurich, Park announced last week that his Blockchain Urban Plan for 2018–2022 will cover 14…

Chinese hedge fund manager launching decentralized venture capital ecosystem

The man who set up one of the first activism hedge funds in Hong Kong for CM Asset Management called the Shareholder Value Fund, has decided to embrace blockchain technology by launching SuperNode Community (SNC), a decentralized blockchain ecosystem to democratize the traditional venture capital (VC) model for startups. SNC’s…

At Least 30% of All Brazilians Are Interested in Crypto Investments.

Cryptos continue to make their way into the world of finance becoming more and more popular. Not only are they a mechanism used by anarchists and tech savvy people, but they are now increasingly used as financial tools by ordinary users. This is extremely important for the consolidation of cryptocurrency…

Ripple’s XRP Accepted by Samsung Signals ‘None Security’

The leading IT giant Samsung has announced that digital currency payments will be accepted. The development was made possible via teaming up with CopPay platform. Firstly, users that will use and benefit these services will be from 3 Baltic states. The announcement was made by the Lithuanian-based company on July 20.…

Chinese Court Accepts Evidence On The Blockchain in Landmark Case

Chinese courts have recognized Blockchain-based evidence as suitable for use in legal proceedings in a landmark case commentators are saying “has huge implications.” Court: ‘New’ Tech Should Not Get Unfair Treatment A judgement from the Internet Court of Hangzhou translated on social media by Messari head of business development Katherine…

Brazil’s Central Bank Plans Blockchain Data Exchange for Regulators

Brazil could soon have a new blockchain platform to ensure the authenticity of information exchanged between the country’s financial authorities. Brazil’s central bank, Banco Central do Brasil (BCB), announced Tuesday that it has built the platform in order to allow secure data sharing between itself and other domestic financial regulators,…

Is It Time To Do Away With the Plentiful Ripple (XRP) Worth Predictions?

Crypto value predictions are the norm on this very younger industry of digital assets and blockchain. We’ve everybody predicting that such-and-such a coin might be a sure worth in 3 months and even 6 months. Some value predictions go far forward in time so far as 2022. For those who…

A UK Exchange Is Launching Litecoin Futures Trading

U.K.-based cryptocurrency futures trading platform Crypto Facilities is launching a litecoin (LTC) derivative product. According to an announcement on Wednesday, the new U.S. dollar-denominated service will go live on Friday, June 22, and will allow investors to long or short futures contracts that have litecoin as the underlying collateral, with weekly,…

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