Albania passes new comprehensive law written by the Minister of Finance and Economy to regulate crypto activities. Albania’s Parliament signed a bill into law on May 21 plenary session a legal framework for cryptocurrencies. The law, “On Financial Markets Based on the Technology of Distributed Ledgers,” first appeared before the Committee of Economy in October […]
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Blockchain firms Algorand and Attestiv are teaming up to fight insurance fraud using DLT. Distributed ledger technology (DLT) firm Algorand has partnered with blockchain-based tamper-proof media verification platform Attestiv to target fraud within the insurance industry. The firms will combine their tech to develop a single platform for verifying digital media for a multitude of […]
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Despite JPM’s boss being tough on crypto, the bank takes on two regulated exchanges as clients in what some are calling a “game-changer.” As the largest among the United States’ “Big Four” banks, JPMorgan Chase comes across as an unlikely ally to digital asset service providers seeking to break through the glass ceiling still separating […]
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Gibraltar could be the next crypto hotspot, so what do companies based there think about the territory’s sector-leading regulations? For hundreds of years, Gibraltar was a vital part of the British Empire. The tiny territory, known as “The Rock” due to a gigantic protrusion of limestone that dominates its skyline, was sliced off the bottom […]
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Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of DLT-based national currency tokenization. While global jurisdictions are progressing with central bank digital currencies, private institutions also work on digitizing national currencies. Raiffeisen Bank International (RBI), a major Austrian bank, is working on a new form of national currency tokenization […]
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Top Chinese digital bank WeBank is partnering with OpenNodes to drive blockchain innovation among Singaporean universities. China’s top digital bank, WeBank, has partnered with OpenNodes, a distributed ledger technology (DLT) platform by Singapore’s Infocomm Media Development Authority. Through the new partnership, WeBank will provide the FISCO BCOS blockchain platform to Singaporean academics to innovate and […]
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With many schools and bookstores still closed in Japan, Media Do Holdings is looking to satisfy the demand for e-books with DLT. Japan-based Media Do Holdings will be investing $2.8 million towards distributed ledger technology for the distribution of its e-books. According to a May 17 article in the Nikkei newspaper, Media Do Holdings plans […]
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A hospital in Cyprus will soon deploy a blockchain-based medical data management system built by VeChain. Blockchain tracking platform, VeChain, announced that it co-developed a blockchain-based medical data management platform in partnership with digital healthcare solution firm I-Dante. The platform, dubbed “The E-NewHealthLife”, is set to see deployment at the Mediterranean Hospital of Cyprus — […]
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Advantages and challenges in the usage of blockchain in digital services provided by governments: Overview with a close look at Brazil. In a recent trend survey made by DMEXCO and presented at an event in Cologne, Germany, it was determined that although the world is currently suffering economically, the digital economy may greatly benefit after […]
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The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular. Crypto is a place where everything changes faster than in any other industry, and seeing as it was born in the age of the internet, this is quite fitting. Today, China is leading the global digital asset […]
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