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Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx
In a landmark judgment, the Supreme Court of Chile has ruled that state-owned Bancoestado was justified in closing the accounts of cryptocurrency exchange Orionx without explanation. The judges ruled that the bank acted in compliance with laws on money laundering and terrorist financing, a threat allegedly posed by censorship-resistant, decentralized cryptocurrencies. дальше »
2018-12-6 14:30 | |
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Huobi Group Sets Up Communist Party Committee in Beijing
As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company. дальше »
2018-11-20 00:18 | |
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VeChain Partners With Shanghai Gas And ENN On Natural Gas Initiative Using VeChainThor Blockchain
The world is seeking to shift to the adoption of clean energy, and China is making significant strides towards achieving that goal. As per today’s announcement, blockchain-based firm VeChainThor Blockchain begins a partnership with the leading Chinese energy and gas companies ENN Energy holdings and the State-owned Shanghai Gas Group. VeChain partners with Shanghai Gas […] дальше »
2018-11-3 09:00 | |
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Venezuela Officially Launches State-Owned Petro Coin
Cryptocurrency, Petro Coin–In a move that could have potential ramifications for cryptocurrency and economies around the world, Venezuela has officially launched the first state-backed “cryptocurrency” in the form of the Petro coin. дальше »
2018-11-1 01:28 | |
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Russian Election Commission Dislikes “Blockchain”, Suggests More Uplifting Term than ‘Behind Bars’
The Russian Central Election Commission (CEC) has recently discussed the implementation of blockchain for voting processes in its next elections. The story was originally reported by TASS, a state-owned Russian news agency. дальше »
2018-10-31 01:31 | |
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Binance enters Singapore with funding from state-owned investment firm
Leading cryptocurrency exchange desk Binance has received a backing from Singapore’s government-owned holding company Temasek Holdings. Vertex Ventures, Temasek’s venture capital arm, has made an investment in Binance to help develop a cryptocurrency-to-fiat exchange desk in Singapore, the company announced today. дальше »
2018-10-23 13:30 | |
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CEO of Sberbank: Crypto and Blockchain Will Change the World but Not Yet
The CEO of the Russian state-owned financial service provider Sberbank has stated that cryptocurrency and blockchain technology will fundamentally transform business and finance. That said, Herman Gref is looking at a time span of decades rather than months or years. дальше »
2018-10-19 23:15 | |
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Sberbank Partners With Energy Company to Use Blockchain Technology
Several European and Asian countries have adopted an accommodative approach to blockchain companies, letting them thrive and even collaborating with them. The Russians won’t stay behind in this technological race, as is evident by its push for legislation and regulation. дальше »
2018-10-9 20:19 | |
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Report: China to Introduce Blockchain Standards in 2019
A Chinese government-owned organization is developing three “blockchain standards” to govern privacy, deposits, and smart contracts made possible through the technology. The move is said to “better guide” the burgeoning local industry, reported China Money Network on October 8, 2018. дальше »
2018-10-9 19:00 | |
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Chinese Bank Issues $1.3 Billion Securities via Blockchain Amidst Cryptocurrency Crackdown
Making use of its proprietary blockchain platform, China’s Bank of Communications (BoCom) has issued residential mortgage-backed securities (RMBS) worth 1. 3 billion USD, per a report published by China Money Network, dated September 28, 2018. дальше »
2018-10-1 22:00 | |
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National Bank of Ukraine (NBU) to Entertain a State-Backed Blockchain Cryptocurrency Tied To Local Fiat
National cryptos seem to have become something more common after the controversial Petro was launched by the government of Venezuela. Now, the National Bank of Ukraine has been considering to launch a new state-owned token that will be based on the blockchain technology, local media outlets report. The bank affirms that the “e-hrevnia” will be […] дальше »
2018-9-27 01:46 | |
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VeChain Partners With State-Owned Chinese Insurance Giant
One of China’s largest insurance companies is seeking blockchain applications to reduce information asymmetries in the insurance industry. The People’s Insurance Company of China, the country’s largest issuer of casualty insurance and the world’s twentieth largest insurer according to Forbes, has partnered with VeChain to improve efficiency within the industry. дальше »
2018-9-4 20:29 | |
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Oil-backed Petro Cryptocurrency Set to Officially Become Venezuela’s Second Unit of Account
President Nicolas Maduro of Venezuela has announced on August 14, 2018 that with effect from August 20, 2018, the petro cryptocurrency would officially become the second unit of account in the nation, as the central bank issued altcoin will be used extensively by state-owned oil firm, PDVSA and may also be used to pay workers’ salaries. дальше »
2018-8-16 16:00 | |
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Agricultural Bank of China Uses Blockchain For $300,000 Farm Loan Mortgage Issuance
Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information. дальше »
2018-8-1 10:01 | |
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Top S. Korean Telephone Company Reveals Blockchain Network
State-owned KT Corporation, South Korea’s largest telephone company, has announced the launch of its blockchain-powered commercial network. The firm has built a blockchain layer on top of its existing nationwide network in order to make it “more secure and transparent,” according to an article by The Korea Herald published Tuesday, July 24. The news outlet дальше »
2018-7-25 00:32 | |
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Bank Must Resume Business With Crypto Exchange Orionx According to Chilean Court
Chilean Court of Appeals has ruled in favor of crypto exchange Orionx, resolving that the state-owned bank Banco Estado should reopen the company’s deposit account, local news outlet La Tercera reported July 12. дальше »
2018-7-15 19:08 | |
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Chile Court of Appeals Orders Bank to Resume Business With Crypto Exchange Orionx
Chile’s Court of Appeals has ruled in favor of Orionx crypto exchange, saying that the state-owned Banco Estado has to reopen the company’s previously closed deposit account
дальше »2018-7-15 16:33 | |
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The Industrial and Commercial Bank of China (ICBC)
The Industrial and Commercial Bank of China (ICBC), one of China’s “Big Four” state-owned commercial banks and one of the world’s largest by total assets, is seeking to patent a blockchain system for the exchange of financial assets. дальше »
2018-7-9 16:35 | |
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Block secure
Technology giant Tencent is teaming up with the Chinese government to fight blockchain-related security issues. The firm’s vice president, Bin Ma, announced the formation of the China Blockchain Security Alliance during the China Blockchain Security Forum in Beijing on Thursday, according to a report from ChinaNews, a state-owned media outlet. The forum, hosted by the government-backed дальше »
2018-6-22 09:55 | |
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Two of Russia’s Largest Banks to Offer Crypto Trading in Six Top Coins
Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp. дальше »
2018-6-20 00:30 | |
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Russia’s Largest Banks are building Bitcoin and Crypto Portfolios
Two of Russia’s largest banks are piloting cryptocurrency portfolios for their private clients, the Kommersant newspaper reported Friday. Sberbank, the main state-owned bank responsible for processing government employee paychecks, and Alfa Bank, the largest private bank in the nation, plan to enter crypto trading with the help of the AddCapital investment fund, the National Settlement дальше »
2018-6-18 10:31 | |
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Russia: state-owned Gazprombank and several other corporate giants have created a $450 mln venture planning projects in blockchain, IoT development
Multiple Russian corporate giants, including state-owned Gazprombank, have created a joint venture that plans to develop projects in blockchain and the digital economy, local news outlet TASS reported June 9. дальше »
2018-6-12 18:28 | |
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