Wednesday, January 16, 2019
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Saudi Arabia Completes IBM TradeLens Pilot for Cross-Border Blockchain Trade

Customs authorities in Saudi Arabia have concluded a pilot scheme linking its cross-border trade platform FASAH with IBM and Maersk’s TradeLens blockchain platform. A press release from Dec. 26 reported the pilot’s conclusion.TradeLens, which IBM and Maersk created in August last year, is intended to be a basis for digital

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Bitcoin Just Registered the Highest Trade Volume of its Whole History

Despite the statements of many skeptics who during the 2018 bearish streak said that Bitcoin is dead or useless, the reality, however, is that this year has demonstrated that cryptocurrencies are a cultural phenomenon that is becoming increasingly popular. According to data compiled by Crypto Quantamental — an investment manager specialized

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South Korea Regulators Indict Three Upbit Employees for Alleged Trade Volume Manipulation

South Korea’s largest cryptocurrency exchange Upbit has denied accusations it had manipulated its order book after regulators indicted three of its staff, local English-language news outlet The Korea Times reported 21.Upbit, which is owned by developer Dunamu, is accused of falsely inflating its volume figures on three occasions between October

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Fintech Firm Launches App For Crypto Owners to Trade All Markets Without Any Fees

A fintech company is taking on the retail trading industry and giving crypto owners the opportunity to use digital currencies as collateral and to trade across markets with fiat funds — avoiding any commissions or fees.Quantfury says its mission is to make the markets “absolutely transparent and fair” while giving

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European Parliament Calls for Increased Blockchain Adoption in Trade

The European Parliament has called for measures to increase the adoption of blockchain technology in trade and administration with a provisional resolution published on Dec. 13.The resolution, dubbed “Blockchain: a forward-looking trade policy,” generally considers blockchain “as a private, permissioned distributed ledger technology (DLT)” but also admits that “various case

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South Korean Crypto Exchanges Overtake Maltese Ones by Daily Trade Volume

Cryptocurrency exchanges registered in South Korea have overtaken their Maltese-registered counterparts by average daily trade volume in November. This is according to a report by cryptocurrency market data provider CryptoCompare, published Thursday, Dec. 6.The November edition of CCCAGG, a monthly crypto exchange review published by CryptoCompare, shows that South Korean

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Japanese Police See Surge in Suspicious Cryptocurrency Trade Reporting

The National Police Agency of Japan has revealed that between January and October this year, it recorded 5,944 reports from crypto exchanges regarding suspicious cryptocurrency transactions possibly involving money laundering and tax evasion. Figures reported by Jiji Press show that from 699 cases reported last year, the numbers have multiplied more

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