India: RBI Considering ‘Phased Introduction’ of Digital Rupee

India’s central bank is mulling launching a pilot program for a CBDC. RBI Working Toward Phased Implementation of CBDC The Reserve Bank of India (RBI) is contemplating kick-starting a “phased implementation strategy” for a central bank digital currency (CBDC), The Economic Times reports.

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Hungary plans Bitcoin tax cut as part of economic recovery program

Lawmakers are reportedly planning to cut taxes on Bitcoin gains in half, possibly as early as 2022.

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As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains

Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank is prepared to expand its colossal stimulus program.

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Lifehack: at least 3% of retail invest portfolios should be in BTC

The CEO of BitGo recommended investing at least 3% in bitcoins. In his opinion, the state program for supporting small and medium-sized businesses in the United States will only aggravate the economic situation.

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Six blockchain startups selected for innovation program

Out of the 100 Technology Pioneers selected by the World Economic Forum, six were...

The post Six blockchain startups selected for innovation program appeared first on Coin Journal.

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Chinese City Issues Post-Pandemic Consumer Vouchers on the Blockchain

Nanjing, China is basically using the blockchain to drive a local economic stimulus program.

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The Stimulus Cover Up: Small Businesses Cheated, Corrupt Covid-19 Stats, Crony Benefits

Last week thousands of Americans have been reporting that they received their stimulus check, while many people have been having issues with the system. Moreover, the Coronavirus Aid, Relief & Economic Security (CARES) Act has not been able to cover everyone and the Small Business Administration’s (SBA) coronavirus relief program was recently drained in minutes.

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Federal Reserve’s Endless Asset Buying Could Rekindle Interest in Cryptocurrency Market

The US Federal Reserve announced an endless asset purchase program to combat the economic slowdown arising due to the COVID-19 pandemic. However, this has sparked fears that the Fed could infuse new currency in the market, which would lead to a further drop in the dollar’s purchasing power.

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GSR Matrix Fund Launches Investment Plan of Global Sustainable Development Digital Economy

On January 15th, 2020, the United Nations Sustainable Development Blockchain Forum was held at the UN headquarters in New York. The forum was jointly organized by the United Nations Department of Economic and Social Affairs, the United Nations Development Program and other United Nations departments, in collaboration with the Blockchain Alliance International (BAI), the Hong […] The post GSR Matrix Fund Launches Investment Plan of Global Sustainable Development Digital Economy appeared first on NullTX.

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Cardano Co-Founder Meets Former Georgia PM, Commits to National Blockchain Program

Mamuka Bakhtadze, former Prime Minister of Georgia, was recently at Davos and participated in the Blockchain Economic Forum. He confirmed that the country was piloting an education concept on Cardano (ADA).

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Hard Problems in Cryptocurrency: Five Years Later

Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity.

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Bahrain to Provide Fast-Track Setup Program for Fintech Startups

The Bahrain Economic Development Board announced a fast-track program for fintech startups, which expedites visa requirements and registration processes

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Analyzing Cryptocurrency Taxes, The Investing In Opportunity Act And Economic Zone Investment

Economic Development Zones And Crypto Tax President Trump’s 2017 tax cut features a section on how real estate and other taxable assets will be treated under the tax provisions. The section, known as Investing in Opportunity Act and Opportunity Zone Investment Program, may enable investors to defer and eliminate their future capital gains in what […]

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Brookings Institute Says the SEC Should Regulate Crypto-Assets

A report from the Economic Studies program of US think tank, Brookings, claims better regulation will benefit the crypto industry. It states that crypto-assets currently fall into a jurisdictional gap, and that the SEC should fill that role.

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UN Security Council Panel Fingers North Korea in $600+ Million Virtual and Foreign Currency Theft

North Korea, an Asian country known for its military nuclear weapons program, is using cyber attacks and the nascent blockchain technology to dodge economic sanctions, acquire much-needed foreign currency, and cover its tracks, reported the Nikkei Asian Review on March 8.

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Ohio Technology Funds Announce $100M Support for Blockchain Startups

Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups.

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Venezuela: President Nicolas Maduro Announces Launch of National Cryptocurrency

In an effort to reinvigorate an economy crippled by socialism on one hand and US-led sanctions on the other, Venezuela established the Economic Recovery, Growth, and Prosperity Program, which resulted in the development of a state-supported cryptocurrency.

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Venezuela Formally Releases Petro, Will It Aid the Country’s Economic Recovery?

Venezuela’s oil-backed cryptocurrency, the Petro, will be released to the global markets this Monday, marking one of the first cryptocurrencies in the industry to be created and administered by a government.

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Nuggets the only blockchain company picked for Lafayette Plug and Play business accelerator

Nuggets, UK-based blockchain-powered e-commerce payments and ID platform announced today it has been picked to join the prestigious Lafayette Plug and Play business accelerator program for startups.

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ConsenSys Ventures Kavita Gupta Talks Tachyon and India

ConsenSys, the Ethereum production studio based in the U. S. , launched ConsenSys Ventures last year selecting Kavita Gupta to run two funds of $50 million and $100 million.

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Citizenship to the Caribbean Islands of Antigua and Barbuda Can Now Be Obtained Using Cryptos

On July 23, the parliament of Antigua and Barbuda announced its economic citizenship program, which allows people to obtain a form of citizenship to the country for $100,000, which can now be paid for with Bitcoin and other cryptocurrencies.

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London Police Educated on Cryptocurrencies Amidst Money Laundering Concerns

Amidst rising fears of cryptocurrency growth as a terrorism-funding and money laundering vehicle, the city of London established an educational outlet for its Police force to understand digital currencies.

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Promoted: Igniting Crypto Payments Worldwide Through Crypterium

In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.

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Promoted: Igniting Crypto Payments Worldwide Through Crypterium

In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.

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