China to verify citizen identities with new blockchain-based platform

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Blockchain technology will be used to verify the real-name identities of China’s 1.4 billion people, according to an announcement from the Blockchain-based Service Network (BSN), China’s national-level blockchain initiative – a move likely to spark concern among data-privacy advocates, reports Coindesk. China’s Ministry of Public Security spearheaded the initiative, called RealDID, with help from BSN. […]

Markets in Crypto Assets Regulation public consultation

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Minister for Finance Michael McGrath TD opened a public consultation on the exercise of national discretions contained within the Markets in Crypto Assets Regulation (MICAR) (EU) 2023/1114. The Markets in Crypto-Assets Regulation is the first European-level legislation introducing a harmonised and comprehensive framework for crypto-assets, covering issues from the offering to the public of crypto-assets […]

Parliamentary report recommends Canada recognise, strategise about blockchain industry

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A Canadian House of Commons committee report has recommended that the country “recognise blockchain as an emerging industry” and take all the steps that entails, reports Cointelegraph. There are a lot of steps needed, it said. The report was released by the Canadian House of Commons Standing Committee on Industry and Technology after a study […]