Author: cashtechnews

Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others. The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment. Corrections, feedback, and ideas should be submitted through the website contact form.

Austrian Steel Alukönigstahl Develops Blockchain-Based Steel Trading Database

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Austrian steel trading company Alukönigstahl is working on a blockchain-based steel trading data system. Austrian steel trading company Alukönigstahl is working on a blockchain-based steel trading data system, local media outlet industriemagazin.at reported on June 13. Alukönigstahl CEO Stefan Grüll is working on the business model of a blockchain-based steel trading database dubbed “STEEL but SMART,” […]

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Iceland’s Financial Regulator Approves Blockchain-Powered E-Money Firm

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The Financial Supervisory Authority of Iceland approved a ConsenSys-backed blockchain firm to operate as e-money business. The Financial Supervisory Authority (FME), Iceland’s sole financial regulator, has approved the first blockchain-powered e-money firm in the country, crypto media outlet CoinDesk reported June 14. Reykjavik-based Monerium, backed by blockchain software company ConsenSys, has reportedly been approved by […]

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UK Financial Watchdog Blacklists Clones of Two Major Financial Firms

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The United Kingdom’s Financial Conduct Authority warned investors of two fraudulent clones of financial firms. The British Financial Conduct Authority (FCA) has warned investors of a fraudulent company posing as the Swiss Investment Corporation, an FCA-authorized firm offering crypto investments, and another company that is a clone of Goldman Sachs, the regulator announced on June […]

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Spanish Law Enforcement Arrests 35 Suspects for Bank Fraud, BTC Money Laundering

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Spanish law enforcement arrested 35 people for allegedly counterfeiting banking cards and laundering the proceeds through bitcoin. Spanish law enforcement arrested 35 people for allegedly counterfeiting banking cards and laundering the proceeds through bitcoin (BTC), local media La Verdad reports on June 14. Per the report, the organization obtained over €600,000 ($674,000) and laundered over […]

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Brazil Authorities to Adapt Cross-Sector Regulations to React to Digital Transformation

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Brazil will regulate the development of new technologies’ applications in capital markets, finance and insurance following a new initiative. Major government and financial authorities in Brazil have teamed up to develop a regulatory sandbox model targeting new technologies such as blockchain, Cointelegraph Brazil reports on June 13. The new regulatory initiative brings together the Central […]

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