The Italian House of Representatives approved a bill that defines distributed ledger technologies such as blockchain The Italian House of Representatives has approved a bill defining distributed ledger technologies (DLT) such as blockchain, Cointelegraph Italy reported on Feb. 7. With 275 votes in favor, 206 against and 27 abstentions, the bill dubbed “Semplificazioni” has moved […]
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Smart contracts are no problem for international law, but only when they behave like legal contracts. Cryptocurrencies have been a headache (if not a nightmare) for the law. Ever since Ross Ulbricht launched the Silk Road online marketplace in February 2011, Bitcoin and its ilk have been disrupting the ability of authorities to police the […]
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Singapore-based Huobi exchange recorded 100 percent growth in trading volume in 2018 over the 2017. Major global crypto exchange Huobi has reported a 100 percent growth in trading volume in 2018 over the 2017, according to a press release shared with Cointelegraph on Feb. 7. The Singapore-headquartered company has reportedly expanded its staff from 400 […]
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The UAE Ministry of Finance will hold two closed sessions devoted to global financial trends, including the development of blockchain and digital currencies. The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit. The news […]
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Blockchains and digital IDs are moving beyond hype, and bringing real benefits to individuals and organizations. According to the latest estimates, we generate around 2.5 quintillion bytes of data every day. That’s 2.5 followed by 17 zeros — or rather 2.5 trillion million — a number that’s impossible to visualize intuitively, but nonetheless has massive implications […]
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A TD Bank survey revealed that 90 percent of finance professionals think that blockchain and DLT technologies will have a positive effect on their industry. A TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry, according to a […]
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A recent survey has revealed that some Amazon shoppers would be comfortable buying an Amazon-branded cryptocurrency. Shoppers of e-commerce giant Amazon would like to be able to purchase a wider variety of products, including cryptocurrency, according to a recent report published by a financial portal Investing.com. In the course of the survey, Investing.com reportedly surveyed […]
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Russia’s Ministry of Education and Science introduced a blockchain platform for tracking diamonds. Last week, Russia’s Ministry of Education and Science introduced a blockchain-enabled platform for tracking diamonds. Indeed, blockchain has been bringing transparency into the diamond industry — a complex ecosystem where corruption and irresponsible mining appear to be largely present. Self-regulation in the […]
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U.S. crypto exchange Coinbase adds BTC support to its Coinbase Wallet — a secure app that allows users to store their own crypto. United States cryptocurrency exchange and wallet Coinbase has added Bitcoin (BTC) to its Coinbase Wallet app, according to an announcement published Tuesday, Feb. 5. In August 2018, Coinbase had announced that Toshi, […]
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The Forbes “Fintech 50” list for 2019 of top fintech firms features little over half as many blockchain companies as before. The Forbes 2019 “Fintech 50” list of the world’s top financial technology firms published on Feb. 4 features six blockchain companies, little more than half the amount listed in the 2018 edition. Released in […]
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