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Building Blockchains Secretly in South America

Blockchain could bring technological revolution in Latin America said Mario Blacutt, NULS core developer and Nerve Network founder, in an exclusive interview with Cryptox. Blacutt revealed his thoughts on the region’s blockchain environment and the hurdles he faced after former Bolivian President Evo Morales banned cryptocurrencies in 2014.Blacutt, who recently

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South Korean Government Turns to Blockchain Tech to More Securely Store Clinical Diabetes Data

The South Korean government wants to develop a blockchain registry to help analyze, anonymize and store clinical data for diabetes. Blockchain startup Sendsquare has been selected by the government to develop a proof-of-concept project for the nation, which has around 3.6 million people with diabetes, the company announced on Friday. The startup

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South Korean Economist Warns New Tax Laws May Slow Down Crypto Market Growth

The South Korean government recently announced their intention to impose a tax on cryptocurrency, leading to backlash. Korean Yonsei University economist, Sung Tae-yoon, warned that the decision to tax crypto capital gains may slow the technology’s emerging market, according to Koreatimes on June 21. Sung said that taxing the crypto market

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South Korean K League Joins Blockchain Enabled Fantasy Soccer Platform Sorare

Fans of South Korean professional soccer will now be able to collect and trade digital tokens representing league players and use them to play fantasy soccer games run by the firm Sorare.  The South Korean soccer association K League announced a licensing agreement with the blockchain enabled fantasy soccer platform on

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Blockchain Bites: JPMorgan on Bitcoin, South Korea on CBDCs and the Porn Industry on Crypto

Top ShelfView From the BanksIn an investor note, JPMorgan Chase & Co. analysts noted bitcoin’s success in outperforming traditional assets in March on a volatility-adjusted basis, and also found liquidity on major bitcoin exchanges was more resilient than for traditional assets such as equities and gold. Meanwhile, Mason Privatbank Liechtenstein AG

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South Korean Experts Say Crypto is a Poor Safe-Haven Asset

On June 11, South Korean experts stated through local media that cryptocurrencies are a “poor choice” of safe-haven assets during the COVID-19 pandemic.According to The Scoop, Professor Hong Ki-hoon of Hongik University stated that crypto-assets like Bitcoin (BTC) should not be considered as “safe-haven assets,” at the level of Gold,

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South Korean Police on the Hunt for Ethereum Crime Ring Masterminds

The Seoul Metropolitan Police Agency launched a criminal investigation on June 12, leading to the search and seizure of two unnamed cryptocurrency exchanges. These efforts were enacted with the hope of dismantling an Ethereum (ETH) crime ring worth $41.5M.According to Joongang Ilbo, the alleged crime network promoted its business model

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South Korea’s NH Bank Forms Blockchain Financial Services Consortium

South Korea’s NH NongHyup Bank has announced a new consortium with a local law firm and a blockchain laboratory to jointly develop digital asset-based financial services.According to the Korea Herald on June 10, the bank signed a memorandum of understanding with law firm Bae, Kim and Lee, and blockchain developer,

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