Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public

Sources familiar with the matter told Bloomberg that crypto mining firm Bitfury is considering an Initial Public Offering. Blockchain technology company Bitfury is considering a potential Initial Public Offering (IPO), which could reportedly become the first major public listing in the crypto industry in Europe, Bloomberg reported Oct. 25. People familiar with the matter reportedly […]

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IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies

The majority of global financial institutions surveyed believe that central banks should issue state-backed digital currencies, a report says. The majority of global financial institutions surveyed believe that central banks should develop central bank-issued digital currencies (CBDCs), according to a joint study by IBM Blockchain World Wire and the Official Monetary and Financial Institutions Forum […]

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Major Agriculture Companies Partner to Use Blockchain in Grain Trading

The world’s four largest agriculture companies, known as ABCD, are integrating blockchain for automating grain and oilseed post-trade execution processes. The world’s four largest agriculture companies, commonly known as ABCD, have partnered to digitize international grain trading by using blockchain and artificial intelligence (AI) technologies, Reuters reports Thursday, Oct. 25. ABCD, composed of Archer Daniels […]

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China’s Alibaba Cloud Expands Enterprise Blockchain Offering to Global Markets

Alibaba Cloud is expanding its enterprise-level Blockchain-as-a-Service outside China. Alibaba Cloud, the cloud computing arm of China’s e-commerce giant Alibaba Group, is enhancing its Blockchain-as-a-Service (BaaS) offering outside China, the company announced in a press release on Oct. 24. Following the roll out of its BaaS platform in China, Alibaba Cloud will expand its enterprise-level […]

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Malta’s Financial Watchdog Warns Against ‘Dubious’ Crypto Trading Platform

Malta’s Financial Services Authority has warned of a “dubious” online crypto trading platform it says has falsely claimed to be licensed in the country. Malta’s Financial Services Authority (MFSA) has warned of a “dubious” online crypto trading platform it says has falsely claimed to be licensed in the country, English-language newspaper Malta Today reports Oct. […]

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UK Government Vetoes Royal Mint’s Launch of Digital Gold After CME Exit

The British government has vetoed the launch of a gold-backed cryptocurrency by the 1,100 year old institution Her Majesty’s Royal Mint. Her Majesty’s Royal Mint, the institution responsible for producing physical coins for circulation in Britain, has been unable to launch its gold-backed cryptocurrency after the government vetoed the project, Reuters reports Oct. 25. As […]

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