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Worsening US-China Trade War Is Behind BTC Price Rise, Digital Currency Group CEO Claims South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June Austria Considers Establishment of Fintech Regulatory Sandbox Report: Samsung Is Developing Its Own Blockchain, Explores Launching "Samsung Coin" Exchange Gate.io Sees Almost $3 Billion in Orders in First Week Of IEO for Native Token

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Austria Considers Establishment of Fintech Regulatory Sandbox

The country’s Finance Minister Hartwig Loeger said that the FinTech Advisory Council — which was formed by the Ministry of Finance last year — will aid in the development of relevant rules to steer the “young financial market around digitized financial services,” including initial coin offerings (ICOs) and digital currencies to facilitate their growth. State Secretary Hubert Fuchs said:

“For some companies in the fintech industry, it is particularly difficult to keep track of all regulatory requirements and developments right from the start. Many Read completely...

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