UK-Based Global Funds Network Calastone to Switch Entire System to Blockchain in May

London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain. London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain this May, Reuters UK reports today, Dec. 3. Calastone processes mutual fund trades for over 1,700 financial companies, including JPMorgan Asset […]

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US Treasury Dept. Takes Action Against Two Iranians Allegedly Involved in BTC Ransomware

The U.S. Department of Treasury has sanctioned two Iranians allegedly involved in Bitcoin ransomware scheme SamSam. The U.S. Treasury Department has sanctioned two Iranians allegedly involved in Bitcoin (BTC) ransomware scheme SamSam, the Treasury reported in an official press release today, Nov. 28. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) […]

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UK Financial Conduct Authority Investigates ‘50’ Firms Over Cryptocurrency Non-Compliance

Twice the number of crypto-related businesses are getting scrutiny from the U.K. regulator now as compared to May. The U.K.’s financial regulator has doubled the number of cryptocurrency-related businesses it is inspecting over unlicensed operations, local daily news outlet The Telegraph reported Nov. 26. Responding to a Freedom of Information request by the publication, the […]

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Hodler’s Digest, Nov. 19–25: SIX Launches Multi-Crypto ETP, BCH’s Hard Fork Remains Contentious

KPMG releases a report that remains bullish on cryptocurrencies, while Bakkt announces a target launch date for the end of January. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much […]

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BBVA and Santander Join EU Joint Blockchain Platform Set to Launch in 2019

Major Spanish banks BBVA and Santander have joined the launch of the E.U. International Association for Trusted Blockchain Applications. Banking groups BBVA and Banco Santander have joined the E.U. International Association for Trusted Blockchain Applications (IATBA), Spanish economic newspaper Expansion writes Nov. 20. The representatives of two Spanish banking groups were invited to an E.U. […]

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Crypto Bear Market Gives UK Regulators Breathing Space to Finalize Crypto Regulation

The cryptocurrency market crash has eased pressure on the U.K.’s financial regulator to introduce hasty new rules for the sector. The cryptocurrency market crash has eased pressure on the U.K.’s financial regulator to introduce hasty new rules for the sector, Reuters reported Nov. 20. As Reuters outlines, the U.K.’s Financial Conduct Authority (FCA) had been […]

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Canada, UK, Singapore Central Banks: CBDCs Would Reduce Risks in Cross-Border Payments

CBDCs can improve counterparty credit risk for cross-border interbank payments and settlements, according to the central banks of Canada, U.K. and Singapore. Central bank digital currencies (CDBCs) can help improve counterparty credit risk for cross-border interbank payments and settlements, according to a new in-depth report jointly published by the central banks of Canada, the U.K. […]

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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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