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Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions.
According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations.
TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts.
The former chief product officer will receive a healthy severance package, as he departs from his previous role at the exchange.
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda.
According to Seoul Mayor Oh Se-hoon, the virtual environment will allow residents to access official documents, file complaints, and receive answers to questions on filing taxes.
Nexo has denied reports that the firm has experienced massive outflows amid office raids and an ongoing investigation against the firm.
In the letter, SBF denies stealing funds and stashing billions of dollars away.
Representatives French Hill and Warren Davidson will reportedly be the chair and vice chair of the subcommittee, respectively, focused on issues related to crypto.
Bipartisan support for cryptocurrencies exists on both sides of the aisle and in both chambers, but extreme elements could still thwart legislation.