The Bank of France Governor said that Facebook’s Libra must comply with anti-money laundering regulation and seek banking licenses if it offers banking services. Bank of France Governor Francois Villeroy de Galhau said that Facebook’s Libra stablecoin must comply with anti-money laundering regulation and seek banking licenses if it offers banking services, Reuters reports on […]
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Italian banks will deploy blockchain technology to run reconciliations and improve transparency in transactions between banks. Italian banks will deploy blockchain technology to run reconciliations starting in March 2020, financial technology news outlet Finextra reported on June 18. The Italian Banking Association (ABI) has announced that Italy’s banks will integrate distributed ledger technology (DLT) into […]
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Stockholm-based digital gift cards and mobile phone refill provider Bitrefill raised $2 million in a seed round led by Coin Ninja. Swedish crypto-powered mobile refill service Bitrefill has closed a seed round of $2 million to expand its services, crypto media outlet The Block reports on June 13. The Stockholm-based company offers mobile service top-ups […]
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Following Circle’s USD Coin launch in late 2018, the firm decided to expand its Centre consortium to more members. Goldman Sachs-backed crypto startup Circle and crypto exchange and wallet service Coinbase are expanding their consortium behind USD coin (USDC), according to a blog post on June 13. The Centre consortium acts as a platform for […]
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Leading U.S. cryptocurrency exchange Coinbase has expanded its card service to six European countries. United States-based cryptocurrency exchange and wallet service Coinbase has launched its Visa debit card in six European countries, CNBC reports on June 11. As of today, cardholders in Spain, Germany, France, Italy, Ireland and the Netherlands will be able to use […]
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San Marino officials have issued a governmental decree setting forth regulations for blockchain in business, seeking to provide regulatory certainty for ICOs. The captains regent of the Republic of San Marino, Nicola Selva and Michele Muratori, have issued a governmental decree on blockchain tech for businesses, according to a recent document. The new decree outlines […]
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U.S. CFTC chair says blockchain would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention.” United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo says that blockchain technology would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention” in response to the 2008 financial crisis. Giancarlo made […]
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French retail giant Carrefour has seen an increase in sales after the implementation of a blockchain-based tracking system. French retail giant Carrefour has seen an increase in sales after the implementation of a blockchain-based tracking system, Reuters reported on June 3. Carrefour’s blockchain tracking system enables customers to track the supply chain of 20 items, […]
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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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Researchers have boosted Hyperledger Fabric’s capacity from 3,000 transactions per second to 20,000. Researchers have re-engineered the Hyperledger Fabric to support almost seven times more transactions per second (TPS), according to a May 2 news release from Canada’s University of Waterloo. A new series of optimizations increased the volume of data that the blockchain — […]
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