South Korea Considers Tax Breaks For Blockchain Startups

News, Regulation | July 19, 2018 By:

The South Korean government is planning to revise the current tax rules in order to promote job creation and support emerging technologies, including blockchain.

During the 4th Vice Ministerial Meeting on “Growth through Innovation,” ministers from eight government agencies discussed plans to reduce taxes for companies dealing with a range of 157 “new-growth technologies”

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Vietnam Central Bank Backs Proposed Import Ban On Crypto Mining Equipment

News, Regulation | July 19, 2018 By:

The State Bank of Vietnam (SBV), the central bank of the country, has agreed to suspend imports of cryptocurrency mining equipment in order to improve the management of crypto transactions in the country.

Earlier this year, the Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) proposed a temporary blanket ban on the importation of crypto mining rigs.

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Let’s Not Forget the Reason for Blockchain: Eliminating Middlemen

Opinion, Regulation | July 18, 2018 By:

With all the fervor around the price of bitcoin and news of crypto exchange hacks, the core advantage of blockchain technology isn’t discussed enough. The reason for an explosion in development of blockchain-powered systems across diverse industries, including finance, advertising, healthcare, e-commerce, and more, boils down to one fundamental desire: eliminate dependence on middlemen.

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Blockchain Payments Firm BitPay Receives BitLicense From New York Department Of Financial Services

News, Regulation | July 17, 2018 By:

Blockchain payments technology platform BitPay has been granted a BitLicense by the New York Department of Financial Services (NYDFS), making it the eighth firm to receive such license.

BitPay is a global bitcoin payment service provider headquartered in Atlanta, Georgia. It provides bitcoin and Bitcoin Cash payment processing services for merchants,

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