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Shenzhen Issues Country’s First Subway Electronic Invoices Backed With Blockchain

China's first blockchain-based electronic invoice for a subway ride was issued at the Futian Station of the Shenzhen Metro, local finance publication Securities Daily reports on March 18.Shenzhen is the first economic special zone in China. The e-invoice function is the jointly developed project of the Shenzhen Municipal Taxation

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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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