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In 2016, the entire digital economy contributed 15.5 per cent of total global GDP, or $11.5 trillion. This was mainly driven by the increasing usage of a consumer-driven Internet. By 2025, that figure is expected to reach $23 trillion, or 24.3 per cent of total global GDP. Yet, the digital economy...
A survey conducted by TD Bank at the 2018 NACHA Payments Conference found that despite the hype around cryptocurrencies in the media, payments professionals remain vigilant of cryptocurrencies and hold a strong view against their validity. 64% of the polled finance professionals said that they did not view cryptocurrencies as...
The Jamaica Stock Exchange (JSE) will soon be offering cryptocurrency trading to it broker-dealers and investing clients, the company said on Tuesday. Canadian blockchain startup Blockstation will help it build and deploy the online digital currency and token trading platform. The new offering will include trading, quotes, execution and settlement...
This week, two U.S. committee hearings have taken place focusing on the cryptocurrency market, with both striking different tones as to the impact the industry is having. Yesterday, the House Committee on Agriculture focused on the emergence of digital assets in a digital age in agriculture. The hearing was entitled...
India is reportedly not going to issue a blanket ban on cryptocurrencies, but may label them as commodities, according to a source familiar with the situation. In a report from Quartz, a senior government official, who requested anonymity, stated that they don't think the panel set up to look into...

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