Switzerland to Exchange Blockchain Regulatory Experience With Israel

Switzerland and Israel have agreed to share their experience on regulating the blockchain industry, Reuters reports Monday, September 17, citing both countries’ high-ranking officials. Switzerland’s Minister of Finance Ueli Maurer and State Secretary for International Financial Matters Joerg Gasser have recently visited Israel to officially request access to the local markets for Swiss banks. As…

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American National Standards Institute to Address Blockchain at Upcoming Forum

The American National Standards Institute (ANSI) will discuss blockchain and artificial intelligence (AI) issues at its next Legal Issues and Joint Member Forum, according to an announcement published September 17. The ANSI is a U.S.-based private non-profit establishment that is comprised of over 125,000 companies, with international organizations, academic and governmental bodies, and corporations among…

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Korean Mobile Carrier LGU+ Launches Blockchain-Based Overseas Payment System

South Korea’s LG UPlus, a mobile carrier owned by the country’s fourth largest conglomerate LG Corp., is launching a blockchain-based cross-carrier overseas payment service, Korea Times reports today, September 16. Last Thursday, September 13, LG UPlus had signed an MoU to develop the new service alongside three global partners: Taiwan-based Far EasTone Telecommunications, Japan’s SoftBank,…

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World Economic Forum Outlines Over 65 Blockchain Use Cases for Environmental Protection

The World Economic Forum (WEF) foundation has outlined more than 65 blockchain use cases for solving the “most pressing” environmental challenges, in a report published September 14. In the report, titled “Building Block(chain)s for a Better Planet,” the Switzerland-based WEF has highlighted a large number of blockchain applications that could be used to help solve…

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Blockchain’s Popularity Among Large Enterprises Soared 11% This Year, Survey Finds

New research from fintech analysts Juniper House has found that blockchain’s traction with large enterprises has risen by 11 percent this year, according to a press release published September 11. Juniper’s Blockchain Enterprise Survey: Deployments, Benefits & Attitudes (Second Edition) found that 65 percent of responding large enterprises – defined as those who employ a…

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IBM Joins Decentralized ‘Yellow Pages’ for Blockchain Projects

IBM has joined a decentralized cross-blockchain registry initiative which it states is a Yellow Pages analogue for blockchain projects, according to an announcement September 13. The initiative called Unbounded Registry will be led by blockchain startup HACERA, and is designed to provide “a decentralized means to register, look up, join and transact across a variety…

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Blockchain Browser Brave Files Adtech Complaints Against Google for User Data Practices

Brave browser, developed by Mozilla co-founder Brendan Eich, has filed privacy complaints in Ireland and Britain against Google, Reuters reported September 13. Brave is an open-source blockchain-powered browser, which blocks ads and website trackers. The browser is designed to improve online privacy by sharing less personal data with advertising customers, yet targeting web ads by…

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US: Blockchain Security Co. BitGo Gets Regulator’s Green Light to Become Crypto Custodian

American crypto wallet and blockchain security firm BitGo has received a state trust company charter from the South Dakota Division of Banking, making it a qualified custodian for crypto, CNBC reports September 13. By creating its trust company, California-based BitGo will now be subject to regulatory scrutiny that encompasses know-your-customer (KYC) and anti-money-laundering (AML) checks…

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China’s Central Bank-Backed Blockchain Trade Finance Platform Pilot Kicks Off in Shenzhen

A new trade and finance blockchain platform, backed by the People's Bank of China (PBoC), has started official pilot operations in Shenzhen, local news outlet 21jingi reports September 12. The “Guangdong, Hong Kong and Macao Dawan District Trade Finance Blockchain Platform” aims to provide a blockchain-powered ecosystem for cross-border trading across Guangdong, Hong Kong, and…

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Uber’s Largest Shareholder to Launch Cross-Carrier Mobile Payments Service Based on Blockchain and RCS

Japanese tech giant SoftBank is developing a blockchain-powered cross-carrier mobile payments service, the company reported in an official press release published September 12. SoftBank’s new proof-of-concept (PoC) development was announced in partnership with telecoms-focused blockchain firm TBCASoft and Synchronoss Technologies, provider of cloud, messaging, digital, and Internet of Things (IoT) services and platforms. The upcoming…

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