Wednesday, January 16, 2019
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ConsenSys Backs Icelandic Startup Co-Founded by Ex-Chair of Country’s Central Bank

Ethereum (ETH) blockchain startup and incubator ConsenSys has participated in a $2 million seed funding round for Iceland-based blockchain startup Monerium, according to a press release from the firm, published Jan. 11. The startup counts the former chairman of Iceland’s central bank among its four founders.The funding round was reportedly

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Korean Gov’t Pilots Blockchain for Logistics Innovation in Country’s Largest Port

Two South Korean government ministries have launched a blockchain pilot for port logistics innovation, according to a press release from the country’s Ministry of Science, ICT and Future Planning (MSIT), published Dec. 18.MSIT, together with the Ministry of Oceans and Fisheries, are reportedly testing whether the technology can make Korea’s

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Major US Museum Becomes Country’s Third to Accept Bitcoin as Payment

Great Lakes Science Center, a major museum and educational center in Cleveland, Ohio, is accepting Bitcoin (BTC) as payment as of today, Nov. 13. Local business news source Crain’s Cleveland Business (CCB) reported on the development Nov. 9.According to SpendBitcoins USA – a directory of retail merchants that accept Bitcoin

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Swiss Financial Watchdog Issues Country’s First Crypto Asset Management License

The Swiss Financial Market Supervisory Authority (FINMA) has issued the country’s first cryptocurrency asset management license to a crypto investment fund, Swiss-centered media outlet Swissinfo reports today, Oct. 9.The recipient is Crypto Fund, a subsidiary founded in 2017 by Zug-based Crypto Finance AG. The fund has reportedly until now only

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Crypto is Taking Over Venezuela, Due to the Country’s Destroyed Fiat System

Venezuela is facing hyperinflation and international sanctions that have brought the economy and its people to their knees. In response, President Nicolás Maduro recently mandated that his Petro crypto will become the nation’s second official currency starting tomorrow, August 20. In relation, some believe a “post-fiat” world is emerging in the country,

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Indian State Government Launches Country’s First ‘Blockchain District’

The government of the Telangana, a southern Indian state, is partnering with a major IT firm to establish a district exclusive to blockchain startups in the state’s capital city. The Telangana State Information Technology, Electronics and Communication Department (ITE&C) has inked a memorandum of understanding (MoU) with multinational IT services giant

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Turkey Establishes Country’s First University Blockchain Center

Turkey has established the country’s first university-level blockchain center, aiming to close the blockchain expertise gap and ensure wide deployment of the technology, local news outlet Daily Sabah reported August 3. The Istanbul Blockchain and Innovation Center (BlockchainIST Center) was inaugurated at Bahçeşehir University (BAU). According to the center’s director

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