Gov’t of Brazil to Consider Bill Requiring Public Administration to Promote Blockchain
The Brazilian government will consider a draft bill that requires all units of local public administrations to promote new technologies such as blockchain, Cointelegraph Brazil reports on June 11.
New technologies to impact financial institution workers; 400,000 could lose jobs by 2030, report claims
Although the capital markets workforce saw staff increases in the first part of the decade, the sector may see serious layoffs due to the adoption of new technologies, management consultancy Opimas writes.
Iota, IoT Firm Evrythng Partner to Increase Transparency for Consumer Goods Supply Chain
Iota and internet of things (IoT) firm Evrythng announced a partnership to combine and apply their distributed ledger and IoT technologies to provide greater transparency for consumer goods supply chains. The news was revealed in a press release on April 17.
Binance Labs Grants $45,000 to 3 Open-Source Blockchain Startups
Binance Labs, the investment arm of cryptocurrency exchange Binance, has awarded grants of $15,000 each to three startups developing open-source blockchain technologies.
Cryptocurrencies are ‘clearly shaking the system,’ IMF’s Lagarde says
Financial technologies such as digital currencies are “shaking” the banking system and must be monitored to maintain stability, according to the head of the International Monetary Fund.
Crypto market is promisedcapitalisation growth upto $ 1 trillion
Cryptocurrencies market capitalisation may exceed $ 1 trillion. Thatwas twittered by Emin Gun Sirer, blockchain technologies expert and a professor at Cornell University.
Switzerland to Regulate Blockchain Within Existing Financial Laws
The government of Switzerland wants to accommodate the blockchain sector within its existing financial laws.
Two US Bills Focus on Cryptocurrency Market Manipulation and Improving Regulations
Two new bills focusing on cryptocurrency market manipulation aim to “position the United States to be a leader in the cryptocurrency industry,” their sponsors claimed Dec. 6.
7 Southern EU Nations Unite to Take Lead on Blockchain Adoption
Seven EU member nations have come together to promote the use of blockchain tech to boost government services and economic well-being.
New Crypto Mining Malware Seen to ‘Evolve,’ Say Researchers
Researchers at Israel-based cybersecurity firm Check Point Software Technologies say that a relatively new form of crypto mining malware, dubbed KingMiner, is “evolving.”
India: 'Big Four' Auditor EY to Hire 2K Employees to Develop in Blockchain, AI
“Big Four” auditor Ernst & Young (EY) will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. The news was first reported by English-language, Indian news outlet The Economic Times and posted to EY India’s official Twitter Nov. 23.
Major Banks Sign Up for New EU Commission Blockchain App Association
The European Commission, the EU’s executive body, is launching a new blockchain association next year and major banks are already on board.
China: Insurance Giant Ping An, Sanya City Gov’t to Build ‘Smart City’ with Blockchain
China’s Ping An Insurance Group, one of the world's largest insurance corporations, and the Sanya municipal government signed a strategic cooperation agreement for “Smart City” construction. The new project will be backed with blockchain tech, artificial intelligence (AI), big data, and cloud computing, the official state run press People’s Daily reported Nov. 14.
Swiss Financial Association Publishes Anti-Money Laundering Standards for Digital Assets
The Switzerland-based Capital Markets and Technology Association (CMTA) has published new anti-money-laundering (AML) standards for digital assets and distributed ledger technologies (DLT) Oct. 18.
Spanish City of Valencia to Create ‘Smart Port’ Using Blockchain, Big Data
One of Spain's busiest ports based in the city of Valencia has announced the creation of a "smart port" which will use blockchain and big data technologies. The news was revealed in a release published Wednesday, Oct. 3, on the port’s official website.
World’s First Blockchain Identity Laboratory Launched In Scotland
Europe’s first dedicated blockchain research facility and the world’s first advanced blockchain identity laboratory has been launched in the Scottish capital of Edinburgh.
Porsche Increases Investments in New Technologies With Focus on Blockchain and AI Startups
German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to a company press release published September 25.
SEC's Chief Accountant: Firms With Digital Assets Still Need to Keep Their Books in Order
Wesley Bricker, chief accountant for the U.S. Securities and Exchange Commission (SEC), has said that the advent of digital assets and blockchain technology does not change the “fundamental responsibility” of firms when it comes to their financial reporting activities.
Intel, Software Multinational SAP Partner on Enterprise Blockchain Development Initiative
Intel and software multinational company SAP have announced that they are joining forces to address “gaps in the market” for solutions that power enterprise blockchain systems, according to an official Intel post September 4.
India Central Bank Forms New Unit to Tackle Blockchain Regulation
India's central bank has reportedly formed a new unit devoted to researching regulatory frameworks for blockchain, cryptocurrencies and other technologies.