Tuesday, September 29, 2020
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Brazilian State Launches Blockchain Platform for Government Contract Bids

In Brazil, the state of Bahia has launched a blockchain application to track the process of public bidding on government contracts, according to a report by CryptoX Brazil on July 12.The blockchain-based solution, called Online Bid Solution (SOL) was reportedly developed by Cayenne Technology and Design. Bids will reportedly

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Singapore’s Tax Agency Bids to End Value-Added Tax on Cryptocurrencies

Singapore’s tax agency is thinking of removing goods and services tax (GST), also known as value-added tax (VAT), from cryptocurrency transactions that function or are meant to function as a medium of exchange.Last Friday, the Inland Revenue Authority of Singapore (IRAS) published a document detailing what the Authority refers to

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