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Bitcoin Daily: Chilean Gov’t Calls For More Regs On Crypto, FinTech; British Virgin Islands Partner With Blockchain Co

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The Chilean government has revealed that it is looking to implement tougher regulations on cryptocurrencies and FinTech. In other news, the British Virgin Islands has announced a partnership with LIFElabs.io that will provide rapid access to funds in the event of an emergency. CEO Sanjay Jadhav said in a press release.

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FEMA Looks At Blockchain To Aid Disaster Payouts

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The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters. Earlier this year, the British Virgin Islands partnered with blockchain firm LIFElabs.io