The top 10 countries in the world for crypto business in 2024 are: Dubai, Switzerland, South Korea, Singapore, USA, Estonia, Italy, Russia, Germany, Brazil. It is reported that Dubai scores the highest in terms of regulatory clarity, exemption from capital gains tax, favorable corporate tax (9%) and affordable licensing fees, making it the number one cryptocurrency destination. (Socialcapitalmarkets)
On August 2nd, the Shenzhen Low-altitude Economic High-quality Development Conference was held. The Shenzhen Municipal Transportation Bureau said that it will enhance the new kinetic energy and comprehensive competitiveness of the low-altitude economic industry from four aspects. First, explore the construction of an efficient and coordinated low-altitude airspace management mechanism. Strive to break through 75% of the city's flying airspace open area below 120 meters by 2025, and the total num...
At the BIS Innovation Summit on May 7, Umar Farooq, CEO of JPMorgan's Onyx blockchain payment platform, said that the public blockchain ledger is not suitable for today's large transactions. Still, the JPMorgan Bank-dominated Onyx platform is built as a private, permissioned version of Ethereum, the world's second-largest public blockchain network. Unlike public blockchains, Onyx's permissioned chain enables institutions to reverse transactions. In addition, JPMorgan's Farooq believes that...