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Tag Archives: Introduce

Air France-KLM Set to Introduce Blockchain to Reduce Customer Costs

Air France-KLM, the world’s fifth largest airline, has announced that it will be working with blockchain travel ecosystem Winding Tree to reduce costs for customers by cutting out intermediaries. An official announcement was published via the company’s website yesterday. The purpose of the partnership with Winding Tree, an open source travel network, is to utilise blockchain technology in order to execute “more advantageous ...

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UAE Securities Regulator to Introduce ICOs for Capital Markets in 2019

The United Arab Emirates (UAE)’s national securities regulator plans to introduce Initial Coin Offerings (ICO) for capital markets in 2019, Reuters reported Oct. 8. Reuters notes that the regulator has embraced the innovative fundraising model to diversify the means through which companies can raise capital, noting that in recent years, “weak” equity markets, coupled with low oil prices, have been ...

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Legislators Introduce Bill to Find Common Definition of Blockchain Technology

U.S. Reps. Doris Matsui and Brett Guthrie have recently proposed a bill dubbed the “Blockchain Promotional Act 2018” in the House of Representatives, according to an announcement on Matsui’s website Monday, Oct. 1. The release notes that current definitions of blockchain technology in different draft bills differ. For this reason, the bill proposes that the U.S. Department of Commerce creates ...

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Wirex Introduce IBANs | Crypto Payment Becoming More Traditional?

Wirex, a leading cryptocurrency, and traditional currency payment platform has added International Bank Account Numbers (IBANs) to Euro accounts for users in Spain and France in a trial before they are rolled out across the rest of Europe. In response to customer demands, the company has also announced it will be doubling deposit amounts, making them some of the highest ...

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Swiss-Based Asset Management Firm to Introduce Metals-Backed Cryptocurrency

Switzerland-based asset management company Tiberius Group AG is going to introduce a cryptocurrency backed by metals, Bloomberg reported September 27. Founded in 2005 as a commodities asset management firm, Tiberius Group manages around $350 million in assets. The company will issue a blockchain-powered Tiberius Coin, the value of which will be tied to the price of copper, aluminum, nickel, cobalt, ...

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US Congressman to Introduce Bills Supporting Blockchain Technology, Cryptocurrencies

U.S. Rep. Tom Emmer (R-MN) is planning to introduce three bills to support blockchain technology and cryptocurrencies, according to a press release published September 21. The three upcoming bills are entitled the “Resolution Supporting Digital Currencies and Blockchain Technology,” the “Blockchain Regulatory Certainty Act,” and the “Safe Harbor for Taxpayers with Forked Assets Act.” The legislation is focused on the ...

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Report: EU Finance Ministers Should Introduce Common Crypto Regulations

A new report prepared for European Union finance ministers has found that the government’s regulatory authorities should introduce common rules regarding crypto regulations, including how they are bought, sold, and traded. The report comes just a couple days before the EU members finance ministers meet in Vienna to discuss cryptocurrency regulatory frameworks. The report, which was prepared by Bruegel, a ...

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‘Exchange Without Accounts’ ShapeShift to Gradually Introduce Membership Program

Cryptocurrency exchange ShapeShift has introduced a new rewards program, which will eventually become a mandatory membership model for the exchange’s users, according to an announcement published September 4. Erik Voorhees, founder and CEO of ShapeSHift, stated that today the exchange released a loyalty program entitled ShapeShift Membership. While ShapeShift is known as “the exchange without accounts,” the newly developed account-based ...

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Jamaica Stock Exchange to Introduce Crypto and Tokens Trading via Canadian Fintech Firm

The Jamaica Stock Exchange (JSE) has selected Canadian fintech company Blockstation to facilitate the trading of digital currencies and tokens on the JSE, according to an August 14 press release. Upon implementation of the project, JSE will provide trading, quotes, execution, and settlement services for cryptocurrencies and tokens. Kirk Brown, Head Trader for a broker member of the JSE, underlined ...

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