UK Government Grants Permission to Issue Blockchain-Based Currency

UK Government Grants Permission to Issue Blockchain-Based Currency The Financial Conduct Authority (FCA), a regulatory body of the UK government, granted local London-based Blockchain startup Tramonex a Small Electronic Money Institution (EMI) registration, effectively allowing the launch of a Blockchain-based currency within the UK. The approval of Tramonex marks the first case of a Blockchain…

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Stage Set For $25,000 Bitcoin Price: Macroeconomist

Stage Set For $25,000 Bitcoin Price: Macroeconomist As three main Bitcoin exchanges in China lock the withdrawal of the currency on their platforms, a strategist with the macroeconomic research firm Lamoureux & Co. is sure that Bitcoin will reach a target of $25,000 or more. Though the news of the Chinese exchange’s actions have caused…

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International Securities Regulators Publish Blockchain Research

International Securities Regulators Publish Blockchain Research The International Organization of Securities Commissions (IOSCO), a cooperative group of global securities markets regulators, has published a wide-ranging research paper that includes findings on blockchain tech. The 70-plus page paper, published Wednesday, casts a wider net on the world of fintech, exploring areas such as peer-to-peer lending and…

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Illinois Legislator Calls for Blockchain Working Group

Illinois Legislator Calls for Blockchain Working Group A draft resolution submitted to the Illinois legislature has proposed the creation of a working group dedicated to blockchain technology. House Resolution 120, filed on Wednesday by state representative Michael Zalewski, would establish a 12-person group focused on researching the tech. Public records show that the resolution has…

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