European Parliament Calls for Increased Blockchain Adoption in Trade

The European Parliament has called for an increase in the adoption of blockchain technology in trade in a new resolution. The European Parliament has called for measures to increase the adoption of blockchain technology in trade and administration with a provisional resolution published on Dec. 13. The resolution, dubbed “Blockchain: a forward-looking trade policy,” generally […]

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Swiss Federal Council: Existing Financial Law Should Be Adjusted to Blockchain Industry

The Swiss Bundesrat has called for specific adjustments of existing financial laws in relation to the blockchain industry. The Swiss Federal Council (Bundesrat) has said that existing financial law in the country suits the blockchain industry, but needs specific adjustments. The government suggested several amendments in an official statement by the Federal Department of Finance […]

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Brazilian Premier League Soccer Club Launches Crypto ‘Fan Tokens’

Atletico Mineiro, a Brazilian premier league soccer club, is launching its own fan token “GaloCoin” based on Ethereum blockchain. Brazilian premier league soccer club Atletico Mineiro has launched a fan token dubbed “GaloCoin,” Cointelegraph Brazil reports Friday, Dec. 14. The GaloCoin is named after Atletico’s mascot, a rooster (“galo” in Portuguese). It is based on […]

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Bahrain’s Central Bank Publishes Draft Regulations on Crypto Assets

Central Bank of Bahrain has issued a draft of digital assets regulations which includes new licensing requirements for crypto service providers. Bahrain’s central bank has issued draft regulations on digital assets, Reuters reports Friday, Dec. 13. According to Reuters “the central bank said it had issued for consultation draft rules for crypto asset platform operators, […]

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US Credit Union Blockchain Consortium Joins R3’s Global Ecosystem

CULedger, a U.S. credit union service organization-owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem. CULedger, a credit union service organization (CUSO)-owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem. The partnership was officially revealed in a press release published Dec. 13. Based in Denver, Colorado, CULedger reportedly delivers […]

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Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain

Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria, has closed a €150 million loan using blockchain technology. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has closed a €150 million loan using blockchain technology with Porsche Holding, the largest car distributor in Europe. The news was reported by financial news site Finextra Dec. 14. […]

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Bitcoin Cash Tanks 13 Percent as Major Cryptocurrencies All Fall Hard

The cryptocurrency bear market continues in earnest as Bitcoin Cash investors in particular see holdings evaporate. Friday, Dec. 14 — Bitcoin Cash (BCH) led fresh losses across cryptocurrency markets as investors in the top twenty assets by market cap shouldered new lows. Market visualization from Coin360 Data from Cointelegraph’s own price index, Coin360 and Coinmarketcap […]

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Blockchain Startup Civic Appoints Apple Veteran as Executive Director of Identity.com

Blockchain startup Civic has appointed Phillip Shoemaker as executive director of its Ethereum-based decentralized identity platform. Blockchain startup Civic has appointed Apple veteran Phillip Shoemaker as executive director of Identity.com, its Ethereum (ETH) blockchain-based, decentralized identity platform. The news was announced in a press release published Dec. 13. Identity.com is Civic’s open-source, decentralized and tokenized […]

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