The European Union Blockchain Observatory and Forum has published a new report on blockchain for supply chain transparency. The report states that supply chain is a complex sector with implications for everyday life that apply to a range of products. Generally, the supply chain is an environment where multiple stakeholders coordinate in order to bring […]
Members of the European Union (EU) must be ready to block crypto mining, the European Commission, the bloc’s executive arm responsible for introducing new legislation, has said as the region prepares for an uncertain winter, reports Coindesk. The EU is also developing an energy-efficiency label for blockchains as the disruption of gas supplies from Russia […]
A proposed amendment to the UK’s Financial Services and Markets Bill would bring crypto under its scope, reports Blockworks. The new clause, introduced by Parliament member Andrew Griffith, is meant “to clarify that the powers relating to financial promotion and regulated activities can be relied on to regulate crypto assets and activities relating to crypto […]
Ripple users may be able to interact with Ethereum-compatible decentralised applications (DApps) in the future following the launch of a test phase of Ripple’s new XRP Ledger sidechain. The launch of the sidechain was shared in a Tweet by blockchain development firm Peersyst Technologies, on 17 October, noting that the new sidechain is compatible with […]
Türkiye’s President Recep Tayyip Erdo?an has unveiled new details about the e-Human project powered by blockchain ahead of Türkiye’s national blockchain summit. Cointelegraph Türkiye has reported the e-Human project will be based on blockchain tech to keep all services, data and capabilities used by the system under protection. Türkiye’s e-Human project acts as a digital […]
Visa is set to integrate its B2B connect network with JPMorgan’s suit of blockchain based cross-border payment products, reports Cointelegraph. Traditional finance and payment giants JPMorgan and Visa are teaming up to streamline the use of their private blockchain solutions Liink and B2B Connect to facilitate cross-border payments. According to an 11 October from Forbes, […]
Gemini has entered the Irish market, reports Blockchain.News. The company now provides crypto exchange and custody services to individuals and institutions. Gemini announced that users can access their web site and mobile application to create accounts and purchase cryptocurrencies in EUR or GBP. Additionally, users can also fund their accounts via debit card, Apple Pay, […]
The world’s largest cryptocurrency exchange suspended trading on a smart contract blockchain after a hacker took at least $100 million in stolen cryptocurrency, reports Data Breach Today. Independent observers say the attack on the Binance Smart Chain actually netted the hacker $586 million. Changpeng “CZ” Zhao, chief executive of Binance, says the company asked all […]
The Africa Blockchain Institute has released its second Africa Blockchain Report, with the theme of “accelerating Blockchain Innovation across the Continent.” It says the research has been conducted to study the trends of Blockchain activities in Africa and has resulted in the production of the “practitioner report to enlighten the African public on Blockchain use […]
In the United States, President Biden’s administration has urged the country’s Congress to pass laws that will clarify how crypto assets should be regulated amid increasing fears of a global recession, reports CryptoNews. The group of financial regulators comprising the US Financial Stability Oversight Council, had issued a report, calling on politicians to reach an […]
Members of the Parliament of the European Union have voted in favour of a non-binding resolution aimed at using blockchain to fight tax evasion and coordinate tax policy on cryptocurrencies, reports Cointelegraph. In a notice on 4 October, the European Parliament said 566 out of 705 members voted in favour of the resolution originally drafted […]