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An overview of cryptocurrency regulations in Portugal

Is cryptocurrency legal in Portugal? Blockchain and cryptocurrency innovation often raise legal questions, including whether standing legal frameworks offer answers for regulating new technological phenomena. Regulators from European political institutions and across most European countries are increasingly addressing concerns associated with cryptocurrencies. Some countries have fully embraced cryptocurrencies and merely created regulations to protect investors and promote innovation, […]

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Walmart Uses Blockchain to Track Food Supply Chain

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In recent years, Walmart has been at the forefront of using blockchain technology to revolutionize the way it tracks and monitors its food supply chain. By implementing blockchain-based solutions, Walmart aims to increase transparency and traceability in its food supply chain, which can help to improve food safety, reduce waste, and boost efficiency. The Walmart

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Visa Plans to Use Blockchain to Settle Payments

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Visa, one of the world’s largest payment processors, has announced plans to use blockchain technology to settle cross-border payments. The move is expected to bring significant benefits in terms of speed, security, and cost savings. Traditionally, cross-border payments can be slow, expensive, and subject to fraud and errors. By using blockchain technology, Visa aims to

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IBM Launches Blockchain-based COVID-19 Vaccine Passports

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In March 2021, IBM launched a blockchain-based digital health pass called “Digital Health Pass” to help organizations verify COVID-19 test results and vaccination status. The platform uses blockchain technology to secure and verify health data, making it easier for individuals to share their health status with employers, airlines, and other organizations. The Digital Health Pass

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Web 3.0 and the Future of E-commerce: Disrupting Traditional Online Marketplaces

Blog, Editors Pick, Must Read / smrashid035

The rise of Web 3.0, the next evolution of the internet, has the potential to disrupt traditional online marketplaces and transform the landscape of e-commerce. Web 3.0 is characterized by decentralized, transparent, and user-centric features, enabled by technologies such as blockchain, smart contracts, and distributed applications (dApps). In this article, we will explore how Web

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Exploring the Potential of Blockchain Technology in Web 3.0

Blog, Editors Pick, Must Read / smrashid035

Blockchain technology, known as the underlying technology behind cryptocurrencies like Bitcoin, has gained significant attention in recent years for its potential to revolutionize industries beyond just finance. One of the most promising areas where blockchain is expected to play a significant role is in the development of Web 3.0 – the next generation of the

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The Future of Cryptocurrency: Trends and Predictions for 2023

Blog, Must Read / smrashid035

As we enter 2023, the future of cryptocurrency continues to be a topic of great interest and speculation. Cryptocurrencies have come a long way since the inception of Bitcoin in 2009, and their impact on the financial industry and beyond cannot be denied. In this article, we will explore some of the emerging trends and

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The Pros and Cons of Mining Cryptocurrencies: What You Need to Know

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Mining cryptocurrencies is the process of validating transactions and adding them to the blockchain by solving complex mathematical problems using specialized computer hardware. It is a fundamental pillar of most cryptocurrencies and has its own set of pros and cons. In this article, we will explore the advantages and disadvantages of mining cryptocurrencies to help

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South Korea Tightens Crypto Regulations

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South Korea is one of the largest cryptocurrency markets in the world, with a significant percentage of the population actively trading and investing in cryptocurrencies. However, the government has recently taken steps to tighten regulations on the industry in an effort to prevent fraud and protect consumers. In March 2021, the Financial Services Commission (FSC)

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UK Bans Crypto Derivatives

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In October 2020, the Financial Conduct Authority (FCA) in the United Kingdom announced a ban on the sale of cryptocurrency derivatives to retail investors. The ban came into effect in January 2021 and applies to a range of products, including contracts for difference (CFDs), futures, and options. The FCA cited concerns about the high risks

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