businesses
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.
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.
Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints
Belgium’s Financial Services and Markets Authority (FSMA), a body mandated with the oversight and regulation of the nation’s financial services sector, has opted to add more crypto investment businesses to its blacklist for fraudulent activities. According to an official announcement, this decision was sparked by new cries aired by customers about cryptocurrency investment offers meant to swindle them.
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.
Bank of Thailand Tests its Central Bank Digital Currency with Large Businesses Before Official Debut
The Bank of Thailand (BoT), Thai’s central bank, is already utilizing its central bank digital currency (CBDC) for financial transactions with various big businesses. This development ushers in the third development phase of the nation’s CBDC before a public debut.
Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities
Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.
Nearly 25% of Small Businesses in 9 Countries Intend to Roll Out Crypto Payment Option: Visa
Payment giant Visa conducts a study indicating that almost a quarter of small businesses spread across 9 nations intend to introduce the crypto payment option this year.
Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia
Block Inc. invests AUD$3 million in First Australians Capital's new fund, supporting Indigenous businesses in Australia, aiming to empower entrepreneurs, foster economic growth, and create community wealth.
AI and Competition Policy: Insights from the White House Meeting
The White House meeting on competition policy and AI highlighted concerns about market concentration in critical AI components and its impact on small businesses. The discussion emphasized the need for fair competition and scrutinizing industry behaviors. The Biden-Harris Administration is committed to promoting competition and supporting small businesses in AI development.
Microsoft Copilot: SMEs with Affordable AI Integration
Microsoft's introduction of Copilot AI for SMEs, with individual subscriptions at $20 and business plans at $30 per month, brings advanced AI capabilities, including GPT-4 Turbo, to small and medium-sized businesses, enhancing productivity and decision-making.
How Triffic is Gamifying Advertising for Local Businesses
Entering the world of cryptocurrency can be a daunting prospect for newcomers, with several practical and psychological barriers to overcome. Most people who’ve heard of Bitcoin are aware of its notorious volatility, and in some cases, of negative headlines associated with cryptocurrencies, such as the risk of hacks and losing private keys.
New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses
The New Jersey state legislature received a new bill, the Digital Asset and Blockchain Technology Act by Assemblywoman Yvonne Lopez. This new bill would require cryptocurrency and virtual currency to obtain a license to operate, allowing for more consumer-friendly protections.
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.
Ant Financial Launches OpenChain for China's Small Businesses to Leverage its Enterprise Blockchain Consortium
Ant Financial, the parent company of AliPay, has launched OpenChain, a new blockchain platform that gives developers and small and micro enterprises (SMEs) the power to leverage the Chinese blockchain giant’s proprietary blockchain consortium and efficiently and cost effectively deploy smart contracts and create decentralized apps (DApps).
Korean Businesses Come Together to Form Massive Blockchain Council Similar to Libra's
Korea’s internet giant Kakao is bringing crypto and blockchain adoption to the Asian markets. A huge consortium of financial giants and big brands has joined together to form a Governance Council relating to all matters blockchain.
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
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.