• COVID-19 spur blockchain adoption
    Chamber of Digital Commerce President Perianne Boring believes the COVID-19 crisis will show why blockchain is needed (Photo: Chamber of Digital Commerce).
    People,  Politics,  Regulation,  Technology

    Perianne Boring: COVID-19 will spur global blockchain adoption

    The founder and president of the Chamber of Digital Commerce said the stresses the pandemic is putting on global supply chains will accelerate the acceptance and use of digital ledgers

    April 29, 2020 /

    The COVID-19 crisis will spur global adoption of blockchain, Chamber of Digital Commerce founder and president Perianne Boring predicted. “We’re seeing all kinds of critical systems being stress tested and cracking under the current demands," she said.

    Read More
  • EU coronavirus blockchain taskforce
    A European Union taskforce seeks to coordinate blockchain solutions to COVID-19 (Photo: EU)
    Technology

    EU scrambles coronavirus blockchain taskforce

    The European Union-founded International Association for Trusted Blockchain Applications seeks to speed the solution to ‘a humanitarian crisis of cruel proportions’

    April 20, 2020 /

    A new European Union taskforce has been scrambled to quickly activate blockchain solutions that tackle challenges associated with the coronavirus pandemic.

    Read More
  • Dirty money is as big as the EU's budget, and former EU Justice Commissioner Věra_Jourová wants a bigger cut (via Wikipedia, CC-BY-SA-2.0).
    Dirty money is as big as the EU's budget, and former EU Justice Commissioner Věra_Jourová wants a bigger cut (via Wikipedia, CC-BY-SA-2.0).
    Regulation

    Citing customer privacy concerns three EU cryptocurrency firms close

    Bottle Pay, Chopcoin, and Simplecoin shut down in December rather than enforce new European Union anti-money laundering rules

    December 16, 2019 /

    Citing customer privacy concerns brought on by strict new European Union anti-money laundering laws, three cryptocurrency companies announced plans to shut down in December. The first was bitcoin gaming platform Chopcoin, which announced in November that it would close on Dec. 16. The company cited “regulatory concerns [that would] force KYC on our users.” KYC stands for “know your customer” banking regulations used to fight money laundering and combat the financing of terrorism (CFT). The other two firms planning to close up shop this month, Simplecoin and Bottle Pay, also cited moral principles. They refused to go along with the European Union’s Fifth Anti-Money Laundering Directive regulations, which come into force on…

    Read More
  • When on the moon, do they say Bitcoin is earthing? (Composite using an image from NASA).
    Cryptocurrencies,  Europe,  Libra,  Regulation,  United States

    Overwrought vs. overhyped: From France and America, dueling views of digital currencies

    Whether issued privately by Facebook’s or publicly by a central bank, digital currencies bring strong opinions and flights of rhetoric

    October 18, 2019 /

    Flights of rhetoric surrounding Facebook’s Libra stablecoin and other digital currencies has reached impressive heights at times. But former U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo took it beyond the stratosphere in an October 15 editorial, comparing the launch of an American central bank-backed digital currency to the Apollo 11 mission.

    Read More