Boerse Stuttgart Group (BSG) successfully tested blockchain-based securities settlement, reducing transaction time from two days to minutes. The tests, part of the European Central Bank’s (ECB) explorations, demonstrated significant progress in digital capital markets. German banking giants participated, with Commerzbank and Deutsche Bank among them. BSG’s Matthias Voelkel, highlighted blockchain’s potential as a game changer […]
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Putin Signs Law Declaring Crypto as Property in Russia
Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting...