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Joint statement of the EU Commission and the EU Council on stablecoins
Nov 13,2023
The European Union Commission and the EU council issued a joint statement on stablecoins. Stablecoin is a term for digital currency that is backed by commodity or other currency in order to maintain price stability. Stablecoins are in focus of regula...
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WeBank will provide infrastructure for the Chinese blockchain-based service network (BSN)
Nov 13,2023
WeBank, part of China's Tencent company, announced that they will provide the infrastructure for the Blockchain-Based Service Network (BSN) in China. Blockchain-Based Service Network is a consortium of 14 companies that will work on a joined blockcha...
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France will start testing digital currency in 2020
Nov 13,2023
In his speech at the conference by the French Prudential Supervision and Resolution Authority (ACPR), Governor of the central bank of France stated that France is looking at the possibility to create digital currency issued by the central bank. Accor...
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Germany adopts the regulation allowing banks to handle cryptocurrencies
Nov 13,2023
Germanparliament approvedthe directive allowing banks in Germany to act as custodian for cryptocurrencies. This will exclude third-party custodians and all
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CEO of Twitter announced the work on decentralised standard for social media networks
Nov 13,2023
Jack Dorsey, CEO of Twitter company, announced in a series of tweets that Twitter will invest in a small team of developers and designers to start working on establishing the open source, decentralised standard for running the social media websites. ...
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WeBank to provide infrastructure for the Chinese Blockchain-Based Service Network (BSN)
Nov 13,2023
WeBank, part of China's Tencent company, announced that they will provide the infrastructure for the Blockchain-Based Service Network (BSN) in China. BSN is a consortium of 14 companies that will work on a joint blockchain-based network that will be ...
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Oil industry to implement blockchain-based solutions for internal operations
Nov 13,2023
Consortium around the biggest oil industry players such as BP and Shell, joined forces to implement blockchain based solutions for the energy industry. Theplatform which will be deployed next year, will deal with: contracts, logistics, and accounting...
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UNICEF grants the financial help to six companies in the blockchain area
Nov 13,2023
UNICEF Innovation Fund will invest$100.000 in six companies aiming to solve global challenges for emerging economies. Companies are using blockchain solutions. By the words of Chris Fabian, Principal Adviser, UNICEF Innovation: "Blockchain technology...
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CEO of the Hong Kong Securities and Futures Commission marks Libra as a serious threat
Nov 07,2023
In his speech during the fintech week meeting in Hong Kong on November 6th, chief executive officer of the Hong Kong Securities and Futures Commission (SFC), said that 'Libra and other "Big Tech" stablecoin projects pose a deep threat', adding that '...
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China used blockchain based digital evidence in criminal court
Nov 06,2023
For the first time in China, blockchain-stored evidence has been used in Chinese courts. Chinese financial blockchain solution 'Ant financial' agreed with Shaoxing judicial department to store digital evidence on the blockchain. One such piece of dig...
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Visa is preparing a blockchain-based digital identity system for cross-border payments
Nov 01,2023
Payment service giant Visa is preparing its solution for identification for cross-border payments in collaboration with IBM. The solution is calledB2B Connect, and it will deploy the hyperledger blockchain solution. Hyperledger is a project of open s...
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Britain plans regulations for cryptoassets
Oct 31,2023
Britain has announced plans to introduce its first set of regulations for the cryptocurrency sector, which would require market players to obtain authorization before offering services to its consumers. The rules will focus on crypto assets like bitc...
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