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Circle Joins Industry Body for Developing Global Crypto Standards

Crypto finance company Circle has joined the Global Digital Finance (GDF) industry body as a founding member to develop a global “Code of Conduct” for crypto, according to a press release shared with Cointelegraph on Wednesday, Oct. 31. Circle has confirmed participation with the GDF on Twitter, stressing the company’s commitment to developing standards for the industry in order to ...

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Israel Has Over 200 Domestic Blockchain Startups: Industry Body

Israeli Blockchain Association, an organization whose primary objective is to educate, develop and empower Israel’s distributed ledger technology (DLT) community, encourage best practices and connect it with global leaders in the blockchain space, has released its third Israeli Blockchain Startup Map. According to a recent press release by the organization, there are now more than 200 blockchain-based businesses in Israel. Israeli ...

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Cryptocurrency is Illegal, President of India’s Primary IT Body Claims

The president of India’s influential IT industry body Nasscom has said that cryptocurrencies are illegal from the association’s perspective. In a week where Indian authorities have arrested the co-founders of a leading cryptocurrency exchange for operating a bitcoin ATM, National Association of Software and Services Companies (Nasscom) president Debjani Ghosh has opined it is “very clear that cryptocurrencies were illegal,” ...

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India’s Largest Internet & Mobile Body Forms a Blockchain Committee

In a marked move to advance the development of the domestic blockchain ecosystem in India, the country’s influential internet industry association has formed a committee dedicated to the decentralized technology. With the new blockchain committee, the Internet and Mobile Association of India (IAMAI) is looking to engage with the government, the wider industry and startups in the burgeoning sector to ...

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Canadian Government Body, NRC | Builds Ethereum Blockchain Explorer

A Canadian body called The National Research Council of Canada (NRC) announced on Monday, August 20th, that it has built an Ethereum blockchain explorer. The NRC manages a Canadian-government-funded research program named the Industrial Research Assistance Program (IRAP) and it is this program which is hosting its own Ethereum blockchain explorer. Ethereum Blockchain Explorer IRAP has implemented the blockchain-based app on InterPlanetary File System ...

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Ukraine Election Body Trials Voting on an NEM Blockchain

Blockchain technology has been deployed for Ukrainian elections in a test according to a Facebook post by Alexander Stelmakh, an official Ukraine’s Central Election Commission. A test began several weeks ago and voting is currently underway held using test coins provided by the NEM Foundation. Blockchain makes it impossible to change saved information, the post noted. The decentralization of the ...

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Japan’s Licensed Crypto Exchanges Formally Apply for Self-Regulatory Body

An association of sixteen licensed domestic cryptocurrency exchanges in Japan have formally applied for certification from the country’s financial regulator to form a self-regulatory body. The Japan Virtual Currency Exchange Association (JVCEA), a body comprised of all 16 licensed cryptocurrency exchanges, is looking to become a “certified fund settlement business association” after a formal application submitted with the Financial Services ...

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GDPR Could Hinder Blockchain Innovation, Warns EU Body

The EU Blockchain Observatory and Forum has warned that the General Data Protection Regulation law that went into effect a little over two months ago could hinder innovation in the blockchain space. According to the European blockchain body, this is because of the lack of legal clarity between blockchain technology and the GDPR law, whose aim is to protect individual ...

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Korea’s Financial Regulator Will Establish a Positive Cryptocurrency Policy Body

South Korea’s primary financial regulator will establish a new policy-making body centered on nurturing Korea’s fintech industry with a specific focus on cryptocurrency and blockchain technology. The Financial Services Commission (FSC) is set to establish a new policymaking body dubbed the Financial Innovation Bureau to proactively help the fintech industry while formulating policies for the cryptocurrency sector, the Korea Times ...

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UK Government Body Completes Pilot Tracking Beef Supplies on the Blockchain

The U.K.’s Food Standards Agency (FSA) has recently completed a pilot in which it successfully tracked beef supplies using blockchain technology. It is believed to be the first time that the innovation underpinning Bitcoin and other cryptocurrencies has been used to guarantee compliance within the food sector. FSA Successfully Trials Meat Tracking on the Blockchain According to a report from ...

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