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Justin Sun's TRON to Receive $2 Million from US Government Aid Coronavirus Relief

Justin Sun's TRON to Receive $2 Million from US Government Aid Coronavirus Relief

Justin Sun’s Tron platform has obtained US government aid of more than $2 million in coronavirus relief. The ongoing coronavirus crisis has wreaked havoc in the US financial markets. Particularly small-sized businesses are suffering from the economic shutdown meant to slow down the spread of coronavirus. With hundreds of thousands of employees in danger of losing their jobs, the US government created the Paycheck Protection Program (PPP) to help small businesses stay afloat. The money does not need to be repaid.

Crypto Businesses Given the Green Light to Set Up in Dubai’s Free Zone

Crypto Businesses Given the Green Light to Set Up in Dubai’s Free Zone

Following a memorandum of understanding (MoU) between the Dubai Multi-Commodities Centre (DMCC) Free Zone and the Securities and Commodities Authority (SCA), crypto businesses have been granted the liberty to operate in DMCC once registered licenses are granted.

Crypto Valley Association: Establishing the World’s Best Ecosystem for Blockchain and DLT Businesses

Crypto Valley Association: Establishing the World’s Best Ecosystem for Blockchain and DLT Businesses

On a mission to develop the world’s best ecosystem for blockchain and distributed ledger technology, the Crypto Valley Association (CVA) is an independent organization based in Zug Switzerland, supported by the government. With over 1500 members in over 56 countries, the association has been supporting the needs of startups and connecting players in the industry to build a cohesive ecosystem.

UK Tax Authority Updates Its Guidelines for Crypto Taxation

UK Tax Authority Updates Its Guidelines for Crypto Taxation

HMRC updates its guidelines for crypto – taxation, relating to both individuals and businesses. The new guidelines explicitly state that crypto-currencies are not considered as ‘money.’

DAG Global Seeks to Break New Ground as First UK Bank to Support Crypto Businesses

DAG Global Seeks to Break New Ground as First UK Bank to Support Crypto Businesses

DAG Global, a UK financial services company, aims to set a precedent by gaining a UK banking license to close the void between banks and crypto businesses. It intends to become the nation’s first bank to support cryptocurrency businesses.

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Coronavirus has driven global economies and businesses to the ground, but one industry that has benefitted from the pandemic appears to be the tech sector.

How Small Businesses can use Blockchain?

How Small Businesses can use Blockchain?

Here are some of the best ways small businesses can use blockchain without burning a hole in their pocket.

Block.one to Provide over US$1.5 million in Grants to Promising Businesses Built on EOSIO

Block.one to Provide over US$1.5 million in Grants to Promising Businesses Built on EOSIO

EOS VC is now accepting applications for its Grants Program. The venture capital arm of Block.one is aiming to empower developers to turn their visions for the EOSIO network into innovative realities.

EY Launches Crypto Tax Reporting App to Assist Businesses with US Tax Filings

EY Launches Crypto Tax Reporting App to Assist Businesses with US Tax Filings

Ernst & Young (EY) is launching a crypto Software as a Service (SaaS) to offer step-by-step guidance that assists with US cryptocurrency tax filings.

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