Britain Looking at Blockchain for Tracking Taxpayer Money, Payments

By Jemima Kelly LONDON, April 26 – The British government is exploring using the blockchain technology that underpins the bitcoin currency to increase efficiency in the distribution of taypayers’ money such as grants, a minister said on Tuesday. A blockchain works as a decentralised ledger that is verified and shared by a network of computers,

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Dutch Arrest 10 Men Suspected of Using Bitcoin to Launder Money

AMSTERDAM, Jan 20 – Ten men suspected of using the digital currency Bitcoin to launder up to 20 million euros of criminal money made from online drug deals have been arrested in the Netherlands, Dutch prosecutors said on Wednesday. The men, described as all in their 20s and with Dutch nationality, were arrested on Tuesday

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