Are celebrity tokens good or bad for Web3? Execs weigh in

Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank and Vesuvius GmbH, are piloting Russia-Germany cross-border payments on R3’s Marco Polo network.Powered by R3’s Marco Polo Blockchain Global Trade NetworkOn Oct. 11, Alfa-Bank announced that it is launching a foreign trade finance pilot transaction, with the cooperation of NLMK, Commerzbank and Vesuvius GmbH using…

Thailand currently lays claim to one of the more regulated crypto trading markets in the world, with exchanges having to adhere to strict regulatory standards. For example, at the start of the year, Bitkub, the country’s largest cryptocurrency exchange, was shut down by regulators after the trading platform faced a series of lengthy service outages. Despite…

A new lobbying group will seek to educate legislators and create pilot programs to convince them of the utility of Web3. 485 Total views 21 Total shares Lobbying by the cryptocurrency industry and crypto proponents is booming in the U.S. Congress. According to a report released Tuesday by Public Citizen, the number of lobbyists for…

The head of the digital innovation and blockchain unit at the European Commission (EC), Pēteris Zilgalvis, explained the concise benefits of distributed ledger technology (DLT) in an interview to The Banker, a subsidiary of the Financial Times. In the interview, published on April 3, Zilgalvis talked about the benefits and challenges of the technology.According to…

About $118 million has been raised via initial coin offerings (ICOs) in Q1 of 2019, over 58 times less than $6.9 billion, the amount raised during the same period in 2018, the Wall Street Journal (WSJ) reports on March 31.The report cites data provided by ICO analytics website TokenData. The WSJ argues that investors have…

The question is: which model best represents humanity?

Digital currency wallet and exchange Abra has launched native Ethereum (ETH) support, according to an official blog post published on March 12.Users will now be able to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use the altcoin as an on-ramp to invest in other Abra-listed crypto and fiat…

Dutch investors now have access to a Bitcoin equities exchange-traded fund on the Euronext Amsterdam stock exchange. 72 Total views 2 Total shares The Netherlands has welcomed a new equities exchange-traded (ETF) fund that will give investors exposure to a basket of Bitcoin-related company stocks.French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on…

The U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker urged crypto industry players and regulators to prevent the illicit use of cryptocurrencies in a speech Dec. 3.Speaking at the Financial Crimes Enforcement Conference on Dec. 3, Mandelker addressed the issue of mitigating risks related to emerging technologies, including digital…