G20 Finance Leaders Ask Global Regulators to Consider Multilateral Response to Crypto

G20 finance ministers and central governors ask the Financial Stability Board and other regulators to consider a multilateral approach to crypto. G20 finance ministers and central bank governors have asked the Financial Stability Board (FSB) and global standard-setting organizations to monitor risks around crypto assets. The request was made in a joint communiqué published on […]

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Weiss Crypto Ratings Downgrades EOS Due to Centralization Concerns

United States-based financial research firm Weiss Ratings downgraded its rating of crypto EOS because of serious centralization concerns. United States-based financial research firm Weiss Ratings announced that it has downgraded its rating of cryptocurrency EOS because of the blockchain’s “serious problems” with centralization. Weiss announced the report in a tweet published on June 7. In […]

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Life of Luxury: Fashion Turns to Blockchain

Luxury goods manufacturers turn to blockchain. Although once confined largely to agriculture, blockchain technology is now making major inroads into the luxury goods supply chain market. Thus, Consensys recently announced a new platform with French multinational luxury goods conglomerate LMVH and the technology behemoth Microsoft to verify the authenticity of luxury goods. Luxury brands trial […]

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