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February 2022

China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects

China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects

The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in various fields such as manufacturing, energy, government and tax services, law, education, health, trade and finance, and cross border finance.” China Establishes Blockchain Testing Zones Sixteen Chinese governmental bodies jointly announced Sunday a list of […]

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Bank of Russia Approves Atomyze as First Digital Asset Issuer

Bank of Russia Approves Atomyze as First Digital Asset Issuer

Atomyze, a tokenization startup by the mining and smelting giant Nornickel, has gotten the green light to issue tokens backed by metals in Russia. Bank of Russia announced on Thursday that Atomyze has become the first company in the country to be put on the central bank’s list of approved digital assets operators. Atomyze, a firm which

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Canada’s Alberta Sees Growth in Crypto Sector

Canada’s Alberta Sees Growth in Crypto Sector

Alberta, Canada’s most oil-rich province, is seeing growth in the crypto industry to diversify its economy. Alberta is actively looking to build the province’s tech industry, including mining digital tokens, building data centres, and attracting high-tech workforces. Doug Schweitzer, Alberta’s minister of jobs, economy, and innovation said in an interview with Bloomberg on Thursday that: “This is an area

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BIPARTISAN BILL TO ELIMINATE TAXES FOR SMALL BITCOIN TRANSACTIONS

BIPARTISAN BILL TO ELIMINATE TAXES FOR SMALL BITCOIN TRANSACTIONS

The proposed legislation seeks to reduce friction in the usage of bitcoin as a daily currency. A bipartisan bill introduced Thursday would exempt bitcoin transactions from tax obligations if the associated capital gains are $200 or less, seeking to incentivize the digital currency’s usage as a medium of exchange in the U.S. economy. Currently, any

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Stocks making the biggest moves midday: Alphabet, PayPal, General Motors, AMD & more

Stocks making the biggest moves midday: Alphabet, PayPal, General Motors, AMD & more

Check out the companies making headlines in midday trading Wednesday. Alphabet – Shares of Alphabet popped 8.6% after the Google parent posted blowout quarterly results and announced a 20-for-1 stock split. Alphabet beat analyst estimates for every major metric, except for YouTube advertising revenue; the company reported a profit of $30.69 per share in the fourth quarter, compared with

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El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide

El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide

El Salvador relaunches the Chivo Wallet, which promises to enable instant low-fee Bitcoin transactions by integrating with white-label infrastructure provider AlphaPoint while addressing issues related to stability and scalability. In June, El Salvador became the first country in the world to adopt bitcoin as legal tender after Congress approved President Nayib Bukele’s proposal to embrace cryptocurrency. As many as

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India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation

India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation

India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to look at what’s happening internationally,” he explained. Crypto Is Not Illegal in India, Official Confirms Following the announcement on cryptocurrency taxation by Indian Finance Minister Nirmala

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Hodlers beware! New malware targets MetaMask and 40 other crypto wallets

Hodlers beware! New malware targets MetaMask and 40 other crypto wallets

Users have been warned against a new malware designed to steal crypto from browser extension wallets such as MetaMask and Coinbase Wallet. Security was never the strong suit of browser-based crypto wallets to store Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. However, new malware makes the safety of online wallets even more complicated by directly

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GET PAID IN BITCOIN WITH NYDIG’S BITCOIN SAVINGS PLAN

GET PAID IN BITCOIN WITH NYDIG’S BITCOIN SAVINGS PLAN

The product caters to employers seeking to attract the best talent by offering payments in bitcoin. Leading U.S. companies can now offer their employees the option to get paid in bitcoin by opting into NYDIG’s newly launched product, Bitcoin Savings Plan. The offering is an employee benefit program through which the worker can choose what

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Do we need to abandon GDP to meet net zero?

Do we need to abandon GDP to meet net zero?

It was a notable second. In September 2019, the then-16-year-old Swedish environment lobbyist Greta Thunberg commanded the notice of the world during a location to the United Nations Climate Action Summit. Reprimanding a fundamental conviction supporting huge wraps of worldwide monetary approach – that the more we produce, the good we are – she said:

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