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Blockchain Cryptocurrency Customs Saudi Arabia Uncategorized

Saudi Customs Pilots Shipment Tracking on the Blockchain

According to a report in RTT News, Saudi Customs is currently currently experimenting with tracking shipments on the blockchain. The project will link the Saudi customs officials’ existing shipment tracking platform, known as Fasah, to a blockchain-based one, powered by TradeLens. Aiding the pilot will be the Saudi Arabian customs IT partner, Tabadul. The Riyadh-based […]

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Bitcoin Artist Explains “Why Bitcoin Matters” Through New BTC Sculpture

A sculptor inspired by Bitcoin has created a beautiful piece of artwork commemorating the financial and technological innovation. Each element of the sculpture highlights an important quality of the decentralised digital currency. The piece has been created by cryptocurrency artist Simon Moratz (Twitter handle @mycryptoart. The all-natural, wooden and stone creation is currently on sale […]

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Cryptocurrency Mining Hardware Maker Turns £1,000 into Over £1 Million in First Year

A 28-year-old cryptocurrency entrepreneur from the UK has managed to turn £1,000 (around $1,500) into over £1 million in just 18 months of trading. Josh Riddett, of Bury, Greater Manchester, has found success manufacturing specialist digital currency mining hardware. Riddett’s company, Easy Crypto Hunter, has expanded from the sale of a single unit, with profits […]

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Ethereum Down to $200 As Investor Confidence Crisis Looms

The Ethereum bearish market hasn’t come to an end yet. The month of September has been particularly hard on the cryptocurrency as it quickly lost the $300 handle earlier this month, and is already threatening to consistently dive below the $200 area. Mike McGlone, a commodity strategist at Bloomberg Intelligence, said Ether may fall further […]

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ASIC australia Australian Securities and Investments Commission Cryptocurrency regulation Uncategorized

Australia’s ASIC Reaffirms Crypto Protection Stance Without Stifling Innovation

The main Australian financial regulator has just published its 2018 to 2022 corporate plan. In the document, the Australian Securities and Investments Commission (ASIC) states that it will keep a watchful eye on cryptocurrency and will regulate it to minimise harm whilst preserving the innovative potential of the space. ASIC’s Focus on Harm Reduction Consistent […]