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Buenos Aires Pioneers Blockchain-based Standard of Privacy - Will Others Follow Suit?

Author

Austin Hodge
October 23, 2024 • Read Time: 13 minutes

Buenos Aires just became the first city in the world to launch a groundbreaking blockchain-based digital identity system, empowering residents to securely verify their identity without sharing unnecessary personal information. Marking a shift towards privacy-focused governance with over 60 essential documents now accessible through the miBA app, residents can handle everything from getting marriage licenses to proving student status—all without needing deep knowledge of blockchain technology. By giving citizens full ownership of their digital credentials, Buenos Aires sets a new global standard in data security, transparency, and convenience.

Meanwhile, in Japan, the political arena crackles with debate, not just about traditional policies or geopolitics, but also digital currency. With elections around the corner, candidates are clamoring for crypto tax cuts and regulatory reforms, hoping to win over tech-savvy voters.

It seems crypto and it’s blockchain off-shoots have become a defining issue for voters, legislators, businesses, and civil rights watchdogs the world over - Let's dive in!

  • Buenos Aires integrates zero-knowledge proofs into its city app via QuarkID to bolster privacy, allowing 3.6 million citizens greater control over personal data without revealing irrelevant information. — Read More

  • Japanese presidential candidates propose Crypto tax cuts and regulations ahead of Japan's election. — Read More

  • Aurum launches the world's first tokenized equity and debt fund for data centers using XRP Ledger. — Read More

  • BRICS' growth questions G20's global influence, hinting at shifting economic power. — Read More

  • Bipartisan Crypto optimism in Congress could lead to the passage of major crypto laws by year's end, amid upcoming retirements and legislative deadlines. — Read More

  • Elon Musk's subtle endorsement might boost John Deaton's crypto-friendly campaign against Elizabeth Warren in the Massachusetts Senate race. — Read More

  • CCDH's leaked files disclose plans to dismantle Musk's Twitter, raising ethical and legal concerns. — Read More

  • Ripple Co-Founder Chris Larsen donates $10 million in XRP to Kamala Harris, raising concerns of an XRP price drop with a potential 12% decline. — Read More

  • Crypto hedge funds JellyC and Trovio merge to target pension funds, eye 150% asset growth. — Read More

  • Crypto market recovers from $57B drop with a 40% decrease in liquidations. — Read More

  • RAK offers DAOs a legal framework for off-chain interaction, enhancing operational flexibility. — Read More

  • Russia plans to enforce FATF-compliant regulations on crypto exchanges, centralizing licensing and enhancing transaction transparency. — Read More

  • BIS identifies tokenization benefits and potential risks for traditional finance, warns on governance and regulatory challenges. — Read More

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