[1] Romania Is Becoming Blockchain And Crypto Tech Hub
Romania's economy has grown at twice or even three times the rate of its larger EU neighbours in recent years. Romania's new role as a tech hotspot can largely be attributed to its encouraging tax policies – the country's corporations are taxed at 16%, hence the arrival of Google, Amazon, et al. Meanwhile, low income earners only have 10% of their earnings taxed.
Blockchain is currently benefiting from this new wave of Romanian innovation and optimism. Sixteen crypto startups from a population of just 19 million – all within the past year or so – must be one of the strongest ratios in existence right now.
[2] S. Korean KFIU: FATF To Launch 'Virtual Currency Management And Implementation Plan' In The First Half Of 2019
According to the Yonhap News Agency, the Korea Financial Intelligence Unit (KFIU) under the country's Financial Services Commission (FSC) said today, Feb 25, that the Financial Action Task Force (FATF) held a conference in Paris, France, to discuss issues like the international standards of virtual currency dealers. The FATF defines virtual currency as "virtual asset," regards the virtual currency dealers as "virtual asset service provider," and determines that international standards related to money laundering can be applied to relevant companies. A specific implementation plan will be developed by June of this year, 2019.
[3] Samsung's Galaxy S10 Allows Three Features
A hands-on preview of Samsung's unveiled flagship phone, the Galaxy S10, reveals new details of the device's upcoming crypto features.
It broadly allows three features: payments to merchants, digital signatures and crypto storage and transfers. The phone's full list of possible uses reads: secure distribution of data, insurance and contract verification, content copyright management, direct sharing of content, in-game goods ownership, digital asset management and transactions.
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