Digital assets recognised as legal property in China

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Digital assets are legal property in China, according to a report published by the People’s Court of China, putting China among a cohort of jurisdictions that have explicitly recognised that property rights apply to digital assets in the same way they do any other, reports Coingeek. “Virtual currency is not classified as an illegal item. […]

Ireland – Bridging the gap between Finance and Technology

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14 September @ 8:00 am – 11:30 am – Corrig Court, Corrig Rd, Sandyford, Dublin, Join Mark Kelly from AI Ireland and Lory Kehoe from Blockchain Ireland for this event aimed at finance directors and credit managers that want to be more aware of what is coming in the future of the industry. The event […]

What to know about the EU’s upcoming Digital Product Passport

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For many regions, it is now a race against the clock in an attempt to reverse environmental damages caused by various industries. Such efforts have become increasingly apparent within the European Union (EU), which has been drastically scraping together an array of legislations over the past year to tackle eco-issues in a bid to right […]

China launches blockchain-powered data exchange

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During the 2023 Hangzhou Summit in Hangzhou, China, government officials unveiled a new data exchange powered by blockchain technology, reports Cointelegraph. Over 300 enterprises, including Alibaba Cloud and Huawei, participated in the exchange’s debut. According to local news reports, the new Hangzhou Data Exchange will facilitate the trading of enterprise information technology data using distributed […]

Mastercard explores CBDCs, trust and the evolution of money

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Central banks have been exploring ways to issue their own digital currencies for years, writes Mastercard. Yet their efforts haven’t captured the public’s attention — for better or, more recently, for worse — like cryptocurrencies have. But central bank digital currencies, or CBDCs — essentially a digital version of fiat currency backed by a government […]

Blockchain Arbitration and Commerce Society report on Travel Rule for Crypto Assets in the EU

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A report on European Union Crypto Assets Travel Rule has been released by the Blockchain Arbitration & Commerce Society (BACS) to provide a clear and practical guide to address the main issues triggered by Regulation (EU) 2015/847 in the face of money laundering. The report from BACS, in collaboration with partners BITLAB, is available in […]

Real-world assets: Shaping the future of digital asset management with tokenisation

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Entering the “token era” remains a significant leap into uncharted territory for companies, but this doesn’t have to be the case. Brickken, an up-and-coming tokenising solution, now helps companies to create digital tokens backed by real-world assets –– with zero downtime and instant execution, reports Cointelegraph. Cryptocurrencies dominated the 2010s — and so far, artificial […]

MoonPay Services achieves VASP registration

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MoonPay Technology Services Limited has been successful in its registration as a Virtual Asset Service Provider (VASP) in Ireland, with the Central Bank providing approval in August. “Since its inception,” wrote CEO Ivan Soto-Wright, “MoonPay has been steadfast in our resolve to protect our customers from financial crime, fraud, and cyber threats, while ensuring a […]

Pernod Ricard Global Travel Retail pilots Jameson Travel Wallet in Dublin

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Pernod Ricard Global Travel Retail (PRGTR) has completed a three-month initial pilot period for the Jameson Travel Wallet in Dublin Airport, writes the Moodie Davitt Report. The wallet, launched in collaboration with Jameson Irish Whiskey, falls under the company’s ‘Arrive Like a Local’ global travel retail campaign. The Jameson Travel Wallet leveraged Web3 digital blockchain […]

UK move to digitise trade documents could rely on blockchain, says government

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A UK initiative to digitise trade documents could make use of technologies that underlie crypto, the government has said. The Electronic Trade Documents Act 2023, which officially became law on July 20, stands to reverse centuries-old merchant laws to allow trade documents to be stored and distributed digitally, reports Coindesk. The laws are set to […]

New market report shows growth in verified smart contracts

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BNB Chain Innovation reports growth of verified smart contracts despite a bear market in Q2 2023, underscoring the increasing demand for blockchain-based solutions. Takeaways: The report also includes inputs from industry experts and founders of dApps that saw the highest growth in Q2 on BNB Chain, with their thoughts on the development of the Web3 […]

Deloitte, Chainalysis alliance to give law enforcement a crypto edge

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Deloitte is set to boost its clients’ blockchain-tracking capabilities following a strategic alliance with crypto analytics firm Chainalysis, reports Cointelegraph. Announced during a Chainalysis conference in Washington, DC, the tie-up will see Chainalysis’ blockchain data sets, analytics software and training programs assist Deloitte’s clients with their crypto forensic, investigative and compliance needs. A Chainalysis spokesperson […]