Hitachi Solutions introduces Web3 development for enterprises
Hitachi is not a leading light in the Japanese blockchain, but it’s catching up with a comprehensive Web3 development package.
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Australian Senator proposes landmark Digital Services Act
The new legislative package will address issues in crypto custody, taxation, and DAO operations in order to protect consumers against bad actors in the space. 1771 Total views 8 Total shares Australian Liberal Senator Andrew Bragg opened the Australia Blockchain Week conference with a bombshell legislative proposal that he hopes will lay the groundwork for…
Lloyds Bank Partners With Blockchain Platform to Streamline Trade Finance
Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division.Blockchain to streamline international trade processOn Sept. 25, United Kingdom financial news outlet FStech reported that Lloyds Bank has partnered with the distributed ledger technology firm Komgo. Lloyds Bank, one of the “Big Four” clearing banks in the U.K., said that it…
Opera browser debuts stablecoin wallet MiniPay in Africa
Opera’s new in-browser, non-custodial wallet runs on the Celo blockchain and targets the platform’s user base in Africa for P2P stablecoin transactions. 69 Total views 1 Total shares The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its user
US courts to handle Coinbase Dogecoin sweepstakes disputes
Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions.
Deutsche Boerse, Commerzbank Complete Blockchain PoC for Legally Binding Repo Transaction
German financial services company Commerzbank and securities marketplace Deutsche Boerse have completed a proof-of-concept (PoC) for a legally binding repo transaction using distributed ledger technology (DLT). The news was reported by Cointelegraph auf Deutsch on March 6.A repo transaction is commonly used for short-term borrowing, and allows dealers to sell securities to investors — often…
Some pro-crypto Trumpers suggest he ‘lost their votes’ after token launch
Though many Donald Trump supporters said nothing would stop them from voting for the Republican candidate, others didn’t seem to be pleased by his latest crypto lending project.
Australian Reserve Bank Official Advises Caution in Anticipation of Libra
Governor of the Reserve Bank of Australia (RBA), Philip Lowe, cautions that Facebook’s announced virtual currency—Libra—may not attain mainstream usage in the near future, according to a report by Bloomberg on June 20The report quotes Lowe as follows regarding Libra:“There’s a lot of water under the bridge before Facebook’s proposal becomes something we’re using all…
Maker Foundation Rejects Accusations of Participation in Its Debt Auctions
MakerDAO (MKR) has denied accusations that the Maker Foundation placed the winning bids in all of its recent debt auctions.In a statement shared with Cointelegraph, the Maker Foundation states that it “is not purchasing MKR in the auctions.”Maker Foundation provides “limited technical assistance to some bidders”“Similar to how the Foundation created the Auction UI,” the…