blockchain

A bill to regulate the blockchain industry in Cyprus will be ready later this year. This was stated by the Minister of Finance of Cyprus Harris Georgiades, reports Cointelegraph. He called the distributed registry technology "a new technological revolution, similar to the revolution on the Internet." The speaker of the House of Representatives Demetris Silluris also spoke about the advantages of the blockchain: “It is expected that the widespread introduction of this technology in the public and private […]

BTG Pactual, the fifth largest bank in Brazil, and Dalma Capital, Dubai’s asset manager, use the Tezos blockchain to hold security tokens (STO). This was reported in a press release on the Tezos Foundation website. The companies are confident that the volume of operations using the Tezos blockchain will exceed $ 1 billion. One of the first within the project will be released the token ReitBZ announced in February, […]

3M international research company announced the launch of a digitalization initiative for the loyalty program and plans to transfer customer interaction to the blockchain. This is reported in the press release of the company. The 3M project will be implemented on the basis of the Verisium solution, which uses the Quorum blockchain platform from JPMorgan and the Microsoft architectural services complex. As part of the initiative, a number of 3M products for the auto repair business […]

The head of the blockchain division of Facebook, David Marcus, attempted to allay the concerns of regulators and legislators regarding the implications of the launch of the Libra project. In a note on Facebook, Markus touched on a number of Libra-related questions that, in his opinion, cause misunderstandings. Also, the representative of the largest social network confirmed that this month he will speak before the Senate Banking Committee and the Financial Services Committee […]

Belonging to the Winklevossam brothers, Gemini Bitcoin Exchange will apply for a broker-dealer license, which will allow it to operate as an alternative trading system and offer clients securities on the blockchain. It is reported by CoinDesk. The appeal will be sent to the Financial Institutions Regulatory Agency (FINRA). Earlier, Gemini has entered into a partnership with a specialist in the tokenization of real world assets […]

The Russian Sberbank decided to leave the ranks of the Masterchain blockchain project launched with the support of the Central Bank of the Russian Federation. In the commentary of CoinDesk, the head of the blockchain-lab of Sberbank, Oleg Abdrashitov, declared dissatisfaction with the speed, safety and overall efficiency of the platform. According to him, as an alternative, the organization is considering corporate blockchain-platform Hyperledger Fabric from IMB and Quorum from JPMorgan. "Masterchain" does not meet the requirements that make cases […]