Top cryptonews of last week
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- Sweden officially began using blockchain to register land ownership.
In an interview with Computer Weekly, Mats Sneil, the head of the development department at Lantmäteriet, said that the Swedish Land Registry Department is actively investing in blockchain technology and is developing a platform based on this technology and proof of the concept since 2016.
In March of this year, Lantmäteriet completed the initial stage of testing blockchain platform of registration of land rights.
He believes that blocking technology will cut government spending by hundreds of millions of dollars.
- "This is the only modern technology that really offers a good and safe way to carry digital originals. It is also the best technology of all that has existed up to now, which has proved to be safe in terms of hacking and data corruption "Snail said.
2.Japan abolished 8% consumer tax on the sale of cryptocurrency.
On July 1, new legal norms entered into force in Japan, canceling the 8% consumer tax on bitcoin sales. It is expected that after the entry into force of new amendments, the volume of bitco-trades will increase substantially.
3.South Korea this month will consider a number of bills regulating circulation of cryptocurrency
South Korean authorities are preparing a new package of amendments to existing legislation aimed at regulating and legalizing the circulation of crypto-currencies such as bitcoyne and etherium on the territory of the country.
One of the bills will be aimed at changing the existing Act on Electronic Financial Transactions, with the aim of legalizing crypto-currency transactions. In fact, the adoption of this amendment will mean that traders and companies that implement crypto-currency transactions will continue to operate in accordance with the norms of Korean legislation.
4.22 global banks will test cross-border payments SWIFT based on the blockchain
SWIFT, the operator of the platform used by the global banking system, added 22 new banks to its blockchain system based on the proof of concept (PoC), which SWIFT considers "the new standard for cross-border payments."
22 new members include large banks from Asia, Europe, Africa and North America.
5.Bitcoin significantly outperformed traditional investment tools.
According to current data, for the last 6 months GBTC shares rose by 220.59%, actually outperforming generally accepted investment instruments such as gold, bonds and shares of large companies.
For comparison, the shares of S & P 500 and SPDR Gold grew by 6.13%. Popular technological stocks, such as Tesla, Facebook and Snap, could not beat Bitcoin's growth.
6.260 000 Japanese stores will start taking bitcoin from July 10.
Currently, about 260,000 commercial facilities, pharmacies and a variety of outlets throughout the country use the POS system. The Coincheck exchange in April announced that by this summer bitcomun will become an affordable payment option in all stores that use this app.
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hello @ruspolicy
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