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Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw
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Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

John Straw, a senior advisor to IBM and McKinsey, has warned that blockchain could render the financial service sector in London irrelevant. He also noted that the city’s banks could be destroyed, making the collection of corporate and personal taxes cumbersome.

Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance
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Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance

The largest bank in Malaysia Maybank partnered with the National Bank of Cambodia to sign MoU for cross-border remittance using NBC’s blockchain-based Bakong payment system.

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings
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Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.

IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework
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IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework

IOTA Foundation, a distributed-ledger technology developer, and Jaguar Land Rover, a leading British luxury car manufacturer, have introduced IOTA Access.

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