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Banco de la República Forms Blockchain Partnership with Ripple

Banco de la República, the central bank of Columbia, is working with blockchain company Ripple in anticipation of a potential tech partnership. So reports Coindesk.

The bank will explore blockchain applications in conjunction with the country’s Ministry for the Information and Communications Technologies. In August, the nation said it was exploring the use of a central bank digital currency to “facilitate transactions and reduce tax evasion.”

Read the full article from Coindesk.

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