Local finance news outlet Il Sole24Ore reported on Sept. 8 that Conte believes that digital payments would result in the financial system being “faster, more transparent and traceable which in perspective means creating for recovering the shadow economy.” He explained that all this could result in lower taxes for all of Italy:
Cryptocurrency and blockchain enthusiasts were excited about the announcement this week that President Donald Trump plans to name Office of Management and Budget Director Mick Mulvaney, a longtime supporter of cryptocurrencies and blockchain technology, as his interim White House chief of staff before the end of the year. As a congressman, Mulvaney was a co-founder of the Congressional Blockchain Caucus. When it comes to actually embracing cryptocurrencies, the U.S. has been generally skeptical. As a recent opinion piece in the Harvard Business Review by law firm Jones Day blockchain initiative leaders Stephen J. Obie and Mark W. Rasmussen noted: “Without clear regulations, cryptocurrency innovation in the United States is being stifled.…
Seven European Union member states including France, Spain, and Italy have signed a joint declaration committing them to promoting the use of blockchain technology in providing government services. Led by Malta, which has been positioning itself as the EU’s “Blockchain Island,” the seven Mediterranean nations on Dec. 4 announced their “forward-looking vision to make Southern Europe a leader on emerging technologies, such as Distributed Ledger Technologies,” another name for the blockchain technology underlying cryptocurrencies. “We believe that Distributed Ledger Technologies could be one of the instruments that can help our countries transform their economies and society into truly digital ones and become a leading region in this sector,” the declaration…
Walmart, Sam’s Club tell suppliers to get on blockchain network (Computerworld) Walmart has told suppliers of leafy green vegetables that they better tracking their produce on the blockchain in the next 12 months or else. The goal is to enhance food safety and find the sources of E coli when they happen. It would also mean that Walmart would be able to isolate problems and not have deal with the expenses of mass recalls. Besides, Walmart loves it when suppliers outsource thing to China. Major Indian Bitcoin Exchange Zebpay Shuts Down Due to Banking Freeze (CCN) Zebpay, one of India’s biggest crypto exchanges, is calling it quits. That means…
