EU’s MiCA bill set to shape global stablecoin regulations, says Binance

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Global stablecoin regulation will take a crucial step forward with Europe’s upcoming regulatory framework, according to Binance, the world’s largest cryptocurrency exchange, reports Cointelegraph. The European Union’s Markets in Crypto-Assets Regulation (MiCA) bill is the first comprehensive regulatory framework for crypto, which could legitimize the industry for lawmakers globally. MiCA will be a “critical element” […]

Blockchain Ireland Paper: Crypto-Assets

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Blockchain Ireland is delighted to announce availability of a major paper from its Legal and Regulatory Working group on Crypto Assets. The first such paper from the group, it will be followed shortly by another paper on smart legal contracts. The paper aims to provide an overview of the treatment of digital/virtual/crypto-assets in Ireland . […]

Solana Labs partners with Google Cloud to launch Web3 API

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Solana Labs and Google Cloud recently launched Gameshift, a gaming development API that aims to bridge traditional Web2 experiences with Web3 services such as blockchain technology and digital asset management, reports Cointelegraph. The new suite of tools was announced at the 2024 Solana Breakpoint conference during the “Gamer Village” side stage events. Gameshift is the […]

A brief history of real-world assets — Why they matter

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Real-world asset (RWA) tokenization is an emerging concept that traces back to the advent of blockchain technology, writes Jane Kiatkina for Cointelegraph. The journey began with Bitcoin’s introduction in 2009, which unveiled a decentralized, secure, and transparent ledger system. This groundbreaking technology laid the foundation for turning physical assets into digital tokens recorded on a […]

Central Bank opens Innovation Sandbox applications

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The Central Bank of Ireland (CBI) has opened applications for its Innovation Sandbox. The Innovation Sandbox Programme aims inform the early stage development of selected innovative initiatives that promote better outcomes for consumers and the financial system. Through the programme, CBI says it aims to provide regulatory advice and support to firms on their innovative […]

41 firms join BIS Project Agora to advance unified ledger applications

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The Bank for International Settlements’ (BIS’) Project Agora has progressed to the design stage with the onboarding of 41 private financial firms, reports Cointelegraph. The project, launched in April by the BIS and seven central banks, is looking at how tokenized commercial bank deposits can be integrated with tokenized wholesale central bank digital currencies (CBDCs) […]

AI faces ‘Immense’ risks without blockchain, says 0G Labs CEO

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In an interview with Cointelegraph at Token2049, Michael Heinrich, the CEO of 0G Labs, explained that artificial intelligence poses significant risks if it isn’t integrated with blockchain technology, reports Cointelegraph. Heinrich highlighted the dangers of centralized AI system reliance and advocated for decentralized governance to prevent potential misuse of AI systems in critical areas of […]

Majority of Web3 pros confident in the future of crypto, says report

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Most Web3 professionals are optimistic about the industry’s future despite the regulatory uncertainty ahead of the 2024 US presidential election, reports Cointelepgraph. Over 86% of professionals remain optimistic about the future of the Web3 industry, according to the latest Consensys report. This widespread optimism is primarily attributed to the potential of professionals making a “true […]

Accenture invests in Emtech to strengthen CBDC, fintech solutions

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Information and financial technology services company Accenture has invested in fintech startup Emtech, which provides software-as-a-service to central banks and fintech companies, reports Cointelepgraph. Accenture plans to integrate Emtech products into its core banking services. Emtech was founded in 2019 by former IBM Blockchain executive Carmelle Cadet. It counts seven central banks — those of […]

Blockchain tech breakthroughs and their industry impact

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Recent advancements in blockchain technology are making significant strides, not just within the realm of cryptocurrency but also across various other industries, writes Blockchain.news. These developments were highlighted in the podcast by a16z crypto, a venture capital fund known for its investments in crypto and web3 startups since 2013. The episode features insights from Dan […]

Minister of State Richmond publishes Ireland for Finance Progress Report 2023

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The Minister of State at the Department of Finance, Neale Richmond, has published Ireland for Finance Progress Report for 2023. Highlights from the report are: 57,600 people estimated employed in international financial services sector Approximately one in four jobs based outside of Dublin Minister Richmond said: “Ireland’s international financial services sector continues to go from strength […]