Guangdong Blockchain Financing Platform Aims to Help Small Business – CoinDesk

The Guangdong government launched a blockchain-based financing platform Thursday that will help small companies in the region receive loans faster from commercial banks.  The government-led project is supported by OneConnect, a fintech firm backed by one of the largest Chinese insurers, Ping An Insurance, according to a media report from Sina Finance.  The platform aims […]

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Blockchain Startup Conflux to Get Shanghai Government Funding for Research Institute – CoinDesk

Senior Shanghai government officials have agreed to help blockchain startup Conflux open a research institute and incubation center with millions of dollars, the firm’s co-founder said. The Beijing-based firm counts Sequoia China and Huobi among several prominent backers, raising $35 million via a private token sale in December 2018. The research institute will be open […]

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China’s Internet Firewall Has Blocked Access to Ethereum Block Explorer Etherscan.io – CoinDesk

China’s Great Firewall, used by the government to regulate access to foreign internet sites, has blocked one of the most popular sources of ethereum blockchain data. As of Tuesday, etherscan.io, one of the longest-running and most widely used ethereum block explorers, was inaccessible from IP addresses inside mainland China, based on tests performed locally. The […]

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Venezuela’s Bitcoin Trading Explodes Amid Alleged Anti-Maduro Plot – CCN Markets

Venezuela’s government has accused Colombia of backing a violent anti-Maduro plot as the country with the world’s largest oil reserves hits record bitcoin trading volumes. | Source: REUTERS/Manaure Quintero/File Photo The number of Bolivars exchanged for Bitcoin in Venezuela has surged to yet another record high as economic and political woes of the Latin American […]

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Malta is Establishing an AI Strategy Following Blockchain Success

The Maltese government has revealed it is developing an artificial intelligence strategy after recent success as a ‘blockchain island.’ Read more Technology pieces here. Malta’s government has announced that it is set to create a national artificial intelligence strategy at the recent Malta Blockchain Summit. Malta’s Junior Minister for Financial Services, Digital Economy and Innovation, […]

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South Korean Cryptocurrency Market Targeted by New Rule Change

The government of South Korea has excluded cryptocurrency exchanges from being categorized as venture businesses. The government announced this new cryptocurrency market rule-change through a press release published on August 13. The document issued by the Ministry of Small and Medium-sized Enterprises explained that it would now categorize crypto-exchanges alongside bars and nightclubs, which are […]

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