CBDCs of the World: The Benefits and Drawbacks of National Cryptos, According to Different Jurisdictions

The concept of CBDCs has been steadily drawing the attention of jurisdictions worldwide. This month alone, at least three separate countries have reported on their prospective central bank-issued digital currencies (CBDCs): The Republic of the Marshall Islands (RMI) announced the creation of a specially dedicated nonprofit organization to support its digital currency that is already […]

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Hyperledger Gains Microsoft and Ethereum Foundation Among Raft of New Members

Microsoft already uses Hyperledger Fabric, while the Ethereum appearance forms part of a wider outreach plan, says a senior executive. Microsoft, Salesforce and the Ethereum Foundation are among the major new companies joining enterprise blockchain platform Hyperledger. The company’s executive director, Brian Behlendorf, confirmed the news to Cointelegraph ahead of a public unveiling at the […]

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Austrian Steel Alukönigstahl Develops Blockchain-Based Steel Trading Database

Austrian steel trading company Alukönigstahl is working on a blockchain-based steel trading data system. Austrian steel trading company Alukönigstahl is working on a blockchain-based steel trading data system, local media outlet industriemagazin.at reported on June 13. Alukönigstahl CEO Stefan Grüll is working on the business model of a blockchain-based steel trading database dubbed “STEEL but SMART,” […]

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FINRA Fines Former Merrill Lynch Employee $5,000 for Not Reporting Crypto Mining Activity

Merrill Lynch had informed FINRA about Kyung Soo Kim failing to tell bosses about his mining activities, which flouted rules. The United States regulatory body, the Financial Industry Regulatory Authority (FINRA), has charged one of Merrill Lynch’s staff $5,000 for mining cryptocurrency. Documents dated June 10 confirm the fine. According to the “letter of acceptance, […]

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Report: Microsoft to Add Blockchain Tools to Its Power Platform

American technology giant Microsoft will reportedly make blockchain-based tools available to PowerApps and Microsoft Flow users. American technology giant Microsoft will reportedly make blockchain-based tools available to PowerApps and Microsoft Flow users, tech-focused news outlet GeekWire reported on June 10. Microsoft will purportedly announce its plans to add blockchain tools to its Power Platform during […]

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Dubai Real Estate Department Signs MoU With Telecoms Firm to Implement Blockchain

The agreement, which relates to real estate blockchain technology, aims to make Dubai “the smartest city in the world.” The Dubai Land Department (DLD) and telecoms firm Etisalat have signed a memorandum of understanding concerning real estate blockchain technology, United Arab Emirates-based outlet Gulf Today reported on June 10. The DLD works under the Executive Council of […]

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