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The Riksbank is conducting a pilot project with Accenture aimed at developing a proposal for a technical solution for a digital krona (“e-krona”). The technical solution will be based on Distributed Ledger Technology.
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The judge assured Telegram’s lawyer Alexander Drylewski that he is mindful of the looming April 30 deadline. A clause in the Gram purchase agreements specifies that ICO participants can claim a refund on their investment should Telegram fail to launch the TON before that date. However the date was originally set for October 2019.
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Castel reserved judgment on the preliminary injunction and assured Telegram’s lawyer Drylewski there would be a judgment in the case before April 30, when gram investors expect to see the TON blockchain launched. Telegram consented to prolonging the preliminary injunction after Castel explained that not consenting would mean the court would make a decision immediately.
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Banco Central do Brasil will roll out PIX, an instant, 24/7 payments system enabled via QR codes, in November 2020. It will allow users to send and receive payments instantly via cell phone. The PIX’s centralized and sole settlement infrastructure is the Instant Payment System (SPI)—to be operated and managed by BCB.
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The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on Paxos’ own private version of ethereum.
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Fake? “Bet on the coronavirus pandemic by investing on CoronaCoin, the more the virus spreads the more valuable the token becomes. CoronaCoin (NCOV) is a ERC20-compliant token. The total supply is based on the world population (7,604,953,650 NCOV) and the token will be burnt once every 48 hours depending on the number of infected people and fatalities, so the token is deflationary and also non-mintable.
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“The high level of market concentration typically observed in BigTech may get carried into financial services, with potentially adverse impacts on consumer prices and financial stability,” the European Securities and Markets Authority, or ESMA, said of Big Tech companies entering finance, as part of its 2020 Trends, Risks and Vulnerabilities report.
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The EU cannot work out exactly what Libra is according to a memo by European Commission executive vice-president, Valdis Dombrovskis. Dombrovskis refers to the “need to ensure clarity” about what Libra is, but that the information provided by Facebook is not sufficient. Libra is descibed as a “moving target” that does not easily within existing EU law.
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“According to data from Skew.com, a leading cryptocurrency data provider for derivatives, over $120 million worth of BitMEX long positions were liquidated in this massive flash crash lower.”
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“We analysed over 5 million (5,190,257) Fintech related posts from 1st Feb 2019 to 31st January 2020. We then identified the top 100 most influential individuals leading the discussion on social media. Below you can see a network map of the online conversation around Fintech, the top influencer Spiros Margaris is at the centre. This map was created using the Onalytica platform. The ranking analyses a variety of personas from industry experts, to social amplifiers and content creators as well as journalists and politicians so there’s quite a mix of influencers that have been identified.”
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Evading sanctions, internal monitoring and dealing with cash shortages…
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In the enterprise platforms space where the development and the results outcomes usually happen slowly and over a few years, the blockchain ecosystem is moving at a blazing speed. Alongside the other popular segments of the crypto and blockchain space like exchanges, wallets and custodian services, the enterprise blockchain platforms are seeing a lot of investments which will help deliver products and go-to-market rollouts faster. Overall, it’s net positive for the blockchain space as the technology matures and proves itself indispensable in solving real business problems.