Blockchain

Blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.

By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way".

(source: en.wikipedia.org)

Report: UK CBDC Will Need New Finance and Data Laws
Report: UK CBDC Will Need New Finance and Data Laws
May 22, 2023  |  CBDC

If the United Kingdom wants to launch a digital pound, it will need to update its finance and data laws. That’s according to a Monday...

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UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
May 19, 2023  |  Cryptocurrency

Consumer trading in cryptocurrency should be regulated not as a financial service but as gambling. So said the Treasury Committee composed of Members of Parliament (MPs) from...

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Report: Auction for Bankrupt Crypto Firm Celsius Network Lasts Weeks
Report: Auction for Bankrupt Crypto Firm Celsius Network Lasts Weeks
May 18, 2023  |  Cryptocurrency

An auction for bankrupt cryptocurrency firm Celsius Network has reportedly drawn two active bidders. Competing groups backed by Apollo Global Management and senior executives at Fortress Investment Group have been submitting bids for...

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FTX Subsidiaries Sue to Claw Back $6.9 Million From Embed
FTX Subsidiaries Sue to Claw Back $6.9 Million From Embed
May 18, 2023  |  Legal

Two of FTX’s businesses are suing to recover $6.9 million from Embed Financial. Alameda Research (FTX’s former sister trading firm) and FTX US (aka West Realm Shires), alleged in a court...

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Ripple CBDC Head Makes the Case for Blockchain-Based Money
Ripple CBDC Head Makes the Case for Blockchain-Based Money
May 18, 2023  |  CBDC

Innovations that transform the world historically rest on revolutionary, but above all viable, use cases. Utility is instrumental to adoption, and as money movement becomes increasingly...

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Samsung and Bank of Korea Collaborate on Offline CBDC
Samsung and Bank of Korea Collaborate on Offline CBDC
May 16, 2023  |  CBDC

Samsung is reportedly working with the Bank of Korea on a central bank digital currency (CBDC). The consumer tech firm has signed an agreement known as a memorandum...

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EU Countries OK World’s First Comprehensive Crypto Rules
EU Countries OK World’s First Comprehensive Crypto Rules
May 16, 2023  |  Cryptocurrency

European Union members have given final approval to the world’s first comprehensive cryptocurrency regulations. EU finance ministers met in Brussels Tuesday (May 16) to approve the regulations,...

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Ripple Makes Case for Crypto B2B Payments
Ripple Makes Case for Crypto B2B Payments
May 11, 2023  |  Cryptocurrency

Cryptocurrency’s shiny object appeal has been dulled by ongoing industry turmoil and regulatory scrutiny. But digital assets have always served as a lightning rod for...

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Goldman and Microsoft to Test Blockchain’s Future in Financial Services
Goldman and Microsoft to Test Blockchain’s Future in Financial Services
May 09, 2023  |  Cryptocurrency

Several firms are banding together to leverage blockchain — and distributed ledger technology — to transform financial markets. The roster includes Goldman Sachs Group Inc,...

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