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FCA and Bank of England to Deploy Blockchain for Regulatory Reporting

The U.K.’s Financial Conduct Authority and the Bank of England will deploy a blockchain network to handle regulatory reporting.Sponsored Sponsored The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), will launch a blockchain network with the intention of enhancing regulatory reporting. One of the driving factors behind the deployment of blockchain technology is to reduce the costs of compliance checks. The Bank of England will also participate in this initiative. The effort was revealed by FCA Chief Executive Nikhil Rathi, who was speaking at the Mansion House gathering in

Key Takeaways: House Bill 7425 on Taxing Digital Services in the Philippines

Share some Bitpinas love:By Shiela BertilloThe House of Representatives on Tuesday evening approved a bill that would impose a 12% value-added tax (VAT) on digital service providers in the country.House Bill No. 7425 was approved with a voting of 167-6 with one abstention on the third and final reading; the bill is meant to amend sections of the National Internal Revenue Code of 1997 and parallel the level between traditional and digital businesses.The proposed VAT shall also cover electronic or digital sale of services such as online advertisements and provision

Win Big On The Big Bad Wolf Megaways Slot With BitStarz

From the classic tale of the 3 little pigs, software developer Quickspin brings you the story reimagined. Recently released, this game is currently available to play on BitStarz casino. We are testing it so you don’t have to, giving you all the finer details so you can dive in without worry. This video slot game features 6 reels, and between 2 and 7 rows, depending on the size of your symbols. Because of the alternating symbol sizes, this slot game has a potential of 117,649 megaways to win on.  This

Fake News Moves Market | This Week in Crypto – Sep 20, 2021

 Fake Walmart news crashes the crypto market, Revolut pays for office space in Bitcoin and a statue for Satoshi. These stories and more this week in crypto. A press release claimed early this week that Walmart had partnered with popular altcoin Litecoin. The news was widely celebrated by crypto fans, and the price of Litecoin along with the rest of the crypto market surged heavily in minutes. However, within an hour, both Walmart and the Litecoin Foundation denied any relationship, that news quickly crashing the market. The cryptocurrency-infused financial

A Courageous Child Stood up for Girls’ Education and Is Changing the World Malala Yousafzai’s Heroic Story Comes to Life at The Children’s Museum of Indianapolis

Malala talk to families about the power of education I hope people come here and see this exhibit and see how one family, with great values of equality, justice, love, respect and empathy can change their lives at home and can also change their communities and their countries as well. - Ziauddin Yousafzai/Malala's Father INDIANAPOLIS (PRWEB) September 19, 2021 The youngest Nobel Peace Prize recipient dared to stand up to the Taliban in a fight for education and equal rights and now serves as inspiration to others in The Power

Sotheby’s To Auction 202 Bored Ape NFTs This Week

Auction house Sotheby’s will sell over 200 NFTs related to BAYC and BAKC on September 2, marking yet another big non-fungible token (NFT) sale for the art broker.Sponsored Sponsored British-founded auction house Sotheby’s is set to auction 202 NFTs of the Bored Ape series — BAYC and BAKC. The NFTs will be open for purchase from September 2 at 10:00 EDT. The auction will last a week and end on September 9. The NFTs were developed by Yuga Labs. The owners of the NFTs can offer serums to the apes

Chicago Blackhawks Unveil Debut NFT Collection

The Chicago Blackhawks of the National Hockey League (NHL) have announced the launch of the team’s first non-fungible token (NFT) collection. Sponsored Sponsored Professional hockey team, the Chicago Blackhawks, have announced the team’s first official NFT collection is now available. The team is making officially licensed ERC-721 NFTs with some being sold at a fixed price and others being auctioned off to the highest bidder. The collection is available on the Sweet platform using the Amazon Web Services Content Delivery Network (CDN) to host the digital collectibles publicly. Sweet allows brands

Visa invests $150,000 in NFT CryptoPunk Asset

Credit card giant Visa has made a substantial splash on its emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks that pioneered the mainstream culture of the space back in 2017.In a blog post announcement released on Monday, Cuy Sheffield, head of crypto at Visa and self-proclaimed NFT enthusiast, shared his views on the value of purchasing NFT assets in the digital economy, the vast growth of the market in the past few years, as well as Visa’s commercial incentives in this

Haute Residence and Aeris House Continue Their Real Estate Partnership Into Second Year

Aeris House We continually challenge ourselves to look beyond the sale or purchase of a home, doing more to improve the impact of a simple transaction. GILBERT, Ariz. (PRWEB) August 22, 2021 Meet Julie Beavers and Rainie Collins of Aeris House, impacting the world for good through Social Aware For Change®. Julie Beavers Julie joined Aeris House Properties with extensive knowledge and love of the valley from her lifetime experiences as a multigenerational Arizona native. She has fond memories of her father's real estate signs throughout the East Valley, which

Countries That Might Soon Allow Crypto Betting

Aug 21, 2021 at 09:54 // News In some countries, bitcoin is seen as a legal payment platform, whilst in others, there are regulations pertaining to how betting with cryptocurrency operates. Some other countries have chosen to be quiet on the issue and have not made any attempt in allowing or not allowing it. In countries where Bitcoin is not considered legal, you cannot fund your gambling wallet with cryptocurrency. Only very few countries have come out in the open to address cryptocurrency gambling. Some of the countries that have

Former SEC Chairman Says Crypto Fits Existing Legal Framework

According to a recent email exchange, ex-SEC Chairman Jay Clayton sees the existing U.S. regulations as a good model for crypto rules. Sponsored Sponsored Jay Clayton spent a few years as the chairman for the U.S. Securities and Exchange Commission, which Gary Gensler now heads. In light of the recent bipartisan bill passed by the Senate, crypto regulations are the industry’s hot topic.  If the wording in the bill is left as-is after its hearing in the House, this could mean a major disruption to the crypto space. When asked about