Private Blockchains Could Be Compatible with EU Privacy Rules, Research Shows

UK university researchers find that private blockchains with a sufficient level of centralization could comply with recent EU privacy rules. Private blockchains, such as interbanking platforms set to share information on customers,  could be compatible with new E.U. privacy rules, according to research published Nov. 6. The study was conducted by Queen Mary University of […]

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European Parliament Member: Decentralization via DLT ‘Provides More Security’

Maltese politician and member of EP Roberta Metsola claimed that decentralization powered by blockchain “provides more security.” Maltese politician and a Member of the European Parliament (MEP) Roberta Metsola claimed that decentralization powered by blockchain “provides more security,” Cointelegraph learned during her speech at the Malta Blockchain Summit on Friday, Nov. 2. Addressing the summit, […]

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Central Bank-Issued Digital Currencies: Why Governments May (or May Not) Need Them

Japan’s central bank doesn’t want a CBDC. What about others? On October 20, The Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya, repeated his negative stance towards central bank-issued digital currencies (CBDC), claiming that such digital currencies are unlikely to improve the existing monetary systems. The concept of CBDC, or national cryptocurrencies, has attracted many […]

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Spanish Government Approves Draft Law to Require Crypto Investors to Reveal Holdings

Plans announced by Spain’s finance minister last week would subject all Spanish citizens to obligatory reporting of their crypto wealth. Cryptocurrency investors governed by Spain could face mandatory reporting of their holdings for tax purposes under a new draft law the government approved Friday, Oct. 19, local daily news network ABC reports. Unveiled at a […]

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EU Cracks Down On Passport Sales Due To Money Laundering

The European Commission announced Wednesday (October 10) that it plans to provide European Union states with guidelines for handling national schemes to sell passports and residency permits to wealthy foreigners. Reuters, citing the European Commission, reported that the move comes as lawmakers and those running for office have been raising concerns about money laundering. Reuters […]

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