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Президенту РК Токаеву К-Ж. К. от Президента Национальной Ассоциации блокчейн и индустрии дата-центров в Казахстане, члена общественного совета МНЭ РК Дорджиева А.В.

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China will begin to regulate blockchain companies in February

This was stated by the Cyberspace Administration of China in a document published yesterday. The Office also disclosed the details of the bill, designed to determine the regulation of the blockchain industry. Guidelines for existing blockchain companies will enter into force on February 15.The Office recognizes that distributed registry technology has important and useful properties. For example, protection against falsification of data. Such decisions can have a positive impact on national welfare and improve the life of society. At the same ...

Swiss bank "Falcon" opened a cryptocurrency transfer service

Individual and institutional clients of a private Swiss bank will be able to convert and receive supported cryptocurrencies using separate wallets, as well as convert digital currencies into fiat currency. At the first stage, the service supports only four cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum and Litecoin. The bank also includes digital currencies in its portfolio and tax reporting.Moreover, the bank offers a cryptocurrency storage service. The bank has passed third-party audition and it meets the anti-money laundering and Falcon ...

UAE and Saudi Arabia plan to create a joint cryptocurrency

The states announced plans to create the joint cryptocurrency in the framework of strengthening the strategic bilateral partnership. Digital currency will be introduced to facilitate cross-border payments. It can be used by central and commercial banks.The digital asset will be launched next year. At the initial stage only central banks and commercial banks of both countries will be able to use the cryptocurrency. In addition, the authorities of the UAE and Saudi Arabia plan to study blockchain technology using the example of their Moreover, ...

Blockchain Could Bring $1.1 Trillion in New Global Trade, Says WEF

A new report from the World Economic Forum has high hopes for blockchain with revenue growth predicted to be over $1 trillion in world trade.The white paper published in June examines supply chain management and the enormous role that blockchain will play in the near future, particularly with SMEs (small or medium-sized businesses). The Asian Development Bank estimates that there is a $1.5 trillion trade gap/trade deficit which is projected to increase to $2.4 trillion by 2025. The gap is largely due to smaller businesses having insufficient ...