The EU hopes the relaxed rules will boost the economy and give firms the data they need to innovate. The European Union is increasing the amount of data that can be reused as raw material for artificial intelligence and blockchain projects, the trading bloc announced in a news release on June 6. Officials hope the relaxed rules will “boost […]
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Peer-to-peer bitcoin trading platform LocalBitcoins removes in-person cash deals — what does that mean for the future of cash trades? On June 1, Finnish peer-to-peer (p2p) bitcoin (BTC) trading platform LocalBitcoins quietly removed in-person cash trading from its service. Three days later, the company publicly confirmed the ban on Twitter. As per the accompanying statement, […]
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A letter to member states highlights concerns over the growth in cryptocurrency activity versus law enforcement power. The European Union has told Malta it needs to improve the resources it has to fight potential financial crime as a result of cryptocurrency popularity, local daily news outlet Malta Today reported on June 5. In a letter […]
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Following reports of the silent removal of local cash trades on June 1, LocalBitcoins has confirmed the move. Global peer-to-peer (P2P) crypto exchange LocalBitcoins has officially confirmed the removal of trading in local fiat currencies, the firm announced in a tweet on June 4. As previously reported, the Finland-based exchange silently removed cash trading on […]
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As executives keep quiet on the move, a competitor suspended fees for cash meetups, accusing LocalBitcoins of participating in the “war on cash.” Finnish P2P bitcoin (BTC) trading platform LocalBitcoins has kept silent after users reported it had removed cash trading from its service on June 1. LocalBitcoins, which allows users to trade BTC for […]
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An ultimate guide to tokenization, one of crypto’s hottest buzzwords. Can a tokenized economy actually become a reality? It is a fair assumption, and — as described above — there are signs to suggest an industry is emerging. Yes, the regulatory frameworks should be adjusted, if not for all the countries on the planet but […]
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Italy is for the European elections. Blockchain is on the agenda for politics and institutions, and relevant novelties lay ahead. Between May 23 and 26, 2019, the European Union’s citizens are renewing their continental parliament. Among the countries that will participate in the poles is Italy (voting on May 26) — one of the founding […]
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We sat down with Ulrike Huemer, the CIO of Austria’s capital city Vienna, to talk blockchain and to elaborate on its role as part of the Smart City initiative. Austria is Europe’s leader in terms of applying modern day technology to better the all-around welfare of its citizens. Making cities “smart” and digital is a key […]
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For the first time in three years, the Royal Bank of Scotland and Barclays have managed to speed up commercial real estate transactions using blockchain. The first properties record are to be digitized in England and Wales. Recently, Barclays and the Royal Bank of Scotland (RBS), with the participation of enterprise software company R3, successfully […]
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Malta’s Registry of Companies is going to run on a blockchain-powered system to boost efficiency and reduce unnecessary bureaucratic procedures. Malta’s Registry of Companies is going to be run on a blockchain-powered system, local news outlet the Malta Independent reported on May 8. The Registry of Companies is a public registry holding official information and […]
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