The IMF and the World Bank have launched a private blockchain and a quasi-coin to learn more about the technology. The International Monetary Fund (IMF) and the World Bank have jointly launched a private blockchain and a so-dubbed quasi-cryptocurrency, the Financial Times (FT) reports on April 12. According to the newspaper, the asset called “Learning […]
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Tech firm Horizen Labs has raised $4 million in funding it will use to develop its sidechain-as-a-service products. Horizen Labs — a tech firm that helps businesses build distributed ledger platforms — has raised $4 million in funding, according to a blog post published on April 11. Horizen Labs initially aimed to raise $2 million […]
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Circle CEO Jeremy Allaire reaffirmed his stance, “in crypto we trust,” opposing centralized intermediaries to cryptographic proof. The crypto and blockchain industry is about a fundamental redesign of the basics of how civic society will ultimately function, according to Circle CEO Jeremy Allaire. The CEO provided his stance at a recent panel within the 2019 […]
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IMF managing director Christine Lagarde has said that blockchain innovators are having a clear impact on incumbent players. International Monetary Fund (IMF) managing director Christine Lagarde has said that blockchain innovators are shaking the traditional financial world and having a clear impact on incumbent players. Lagarde made her comments in an interview with CNBC on […]
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Coinbase has launched Coinbase Card, which enables its U.K.-based customers to make purchases with cryptocurrency. Major American cryptocurrency exchange Coinbase has launched Coinbase Card, that enables its United Kingdom-based customers to pay in-store and online with cryptocurrency. The development was announced in a blog post published on April 10. The Coinbase Card is a Visa […]
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The new U.S. bill from Rep. Darren Soto offers to allocate $25 million to the FTC from 2020 to 2024 to prevent crypto crimes. The so-called Digital Taxonomy Act of 2019, which United States legislators introduced yesterday, April 9, offers to allocate the Federal Trade Commission (FTC) $25 million annually to prevent crypto-related crime. The […]
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Blockchain firm Digital Asset is collaborating with the International Swaps and Derivatives Association to create a tool that supports the use of smart contracts for derivatives trading. Distributed ledger technology (DLT) provider Digital Asset is collaborating with the International Swaps and Derivatives Association (ISDA) to develop a new tool that can support the use of […]
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Michigan lawmakers have passed a bill that would include cryptocurrency in criminal laws regarding illegal actions for financial gain. The Michigan House of Representatives has passed a bill, HB 4102, on April 9 that would include cryptocurrencies in criminal codes regarding illegal actions for financial gain. Michigan lawmakers have voted to introduce amendments to various […]
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Gibraltar Stock Exchange has launched listings of blockchain-powered securities on the GSX Global Market. The Gibraltar Stock Exchange (GSX) is launching listings of blockchain-powered securities on its practical listing venue GSX Global Market, the firm announced on April 9. Today, the GSX starts listing a number of new products known as digital, smart or tokenized […]
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The EU’s launch of an international blockchain association is a pivotal step in providing regulatory certainty for early adopters. The European Union has officially launched the International Association of Trusted Blockchain Applications (INATBA) — with IBM, Accenture and Deutsche Telekom among the 100-plus members to have signed the association’s charter at a ceremony at the […]
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