Researcher from RMIT explains why startups will fail to fulfil their promises to disrupt real estate with blockchain. Why have blockchain pilots in real estate abated somewhat? Those projects bump up against the fundamental inconsistency of blockchain and existing state system, and it seems they cannot confessed to this. First, there is no such thing […]
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Central Bank of Germany representative Burkhard Balz says that cryptocurrencies do not pose a threat to financial stability. Central Bank of Germany representative Burkhard Balz said that cryptocurrencies do not pose a threat to financial stability during a talk at the European Parliament reported a post published on the institution’s website on July 9. Burkhard […]
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Spanish law enforcement pointed out that Bitcoin ATMs show a gap in European Union’s anti-money laundering regulation. Spanish law enforcement pointed out that Bitcoin (BTC) automated teller machines (ATMs) show a gap in European Union’s Anti-Money Laundering (AML) regulations, Bloomberg reports on July 11. Per the report, Spanish police uncovered a local gang that used […]
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Philip Green triggered the wrath of crypto proponents online as the ECB says it has no plans to add bitcoin to its reserves. The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session. Responding to a private query as […]
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A political and financial shake-up can act as a catalyst for lawmakers to embrace bitcoin, says Nigel Green. The CEO of financial advisory giant deVere Group said positive cryptocurrency regulation should form a central part of the post-Brexit United Kingdom. Nigel Green made the comments in an interview with fintech news outlet Verdict on July […]
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The expansion of DLT use in the real estate sector — in title verification, valuation, diligence, insurance payment and settlement, smart contacts, construction monitoring and material verification. David Hodge is the director of European operations for AEI Consultants, an employee-owned international consulting firm that provides comprehensive services to commercial lenders, property owners, managers, tenants, and […]
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The finance minister of Cyprus, Harris Georgiades, said that the country’s blockchain regulation draft will be ready this year. The finance minister of Cyprus, Harris Georgiades, has said that the country’s blockchain regulation draft will be ready this year. English-language local finance news outlet FinancialMirror reported the news on July 4. Per the report, Georgiades […]
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London-based crypto asset management firm Prime Factor Capital has obtained a license from the FCA to operate as a full-scope Alternative Investment Fund Manager. London-based crypto asset management firm Prime Factor Capital has obtained a license from the Financial Conduct Authority (FCA) to operate as a full-scope Alternative Investment Fund Manager (AIFM). The development was […]
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Dutch ministers have called on the government to introduce new regulations on money laundering that would include cryptocurrency-related stipulations. Dutch ministers have urged the government to regulate cryptocurrencies and certain cash payments over money laundering concerns in a statement on July 1. The officials said that the government should ban cash payments over 3,000 euros, […]
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European Union banks may have an instantaneous payments system in place by 2020. European Union banks could have an instantaneous payments system in place by 2020, Reuters reports on June 26. Per the report, real-time payments have been possible in the eurozone since 2017, but only about half of the banks in the bloc adhered […]
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