Paper

JCB, IDEMIA and Soft Space launch “JCBDC” Phase 2 pilot to trial CBDC offline P2P payments

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Time Stamp: December 13, 2023 6:49 AM - Modified On: December 13, 2023 - Published By:
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Tokyo, Paris, Kuala Lumpur, Dec 13, 2023 - (JCN Newswire) - Japan's only international payment brand JCB Co., Ltd. ("JCB") has launched the “JCBDC” (JCB Digital Currency) Phase 2 pilot project with IDEMIA, a global leader in identity technologies, and the world’s leading fintech company Soft Space Sdn Bhd. ("Soft Space"). In Phase 1 of the JCBDC project, JCB, IDEMIA, and Soft Space developed a CBDC (Central Bank Digital Currency) payment solution, enabling merchants to accept CBDC without the need to modify their POS (point of sale) terminals and payment

The Tightrope of Regulation

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Time Stamp: September 26, 2023 7:07 AM - Modified On: September 26, 2023 - Published By:
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In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread

Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

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Time Stamp: August 10, 2023 7:38 AM - Modified On: August 10, 2023 - Published By:
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New York, August 10, 2023 – Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized commercial paper using Prontoblock’s cutting-edge digital assets platform. Prontoblock will collaborate closely with issuers to identify the most suitable commercial paper instruments for tokenization. The outstanding value of U.S. commercial paper exceeded $1.25 trillion

Paribus on the Rise

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Time Stamp: July 22, 2023 2:38 AM - Modified On: July 22, 2023 - Published By:
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The past few weeks have seen a whirlwind of activity for the team, bridging over to Cardano and raising awareness of Paribus. The upcoming weeks and months will be equally exciting as we are poised to deliver more elements from our roadmap. As more of the circulating PBX supply transitions to Cardano, we’ve been making strides toward getting the token listed on two more decentralized exchanges (DEXs). We’ll be able to announce each one as they launch, so stay tuned to our Discord, Twitter, and Telegram channels for the latest

Crypto’s Moment of Truth

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Time Stamp: July 1, 2023 9:25 AM - Modified On: July 1, 2023 - Published By:
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In a pivotal moment for crypto, recent news that BlackRock and others such as Fidelity have filed for spot Bitcoin ETFs propelled BTC to a yearly high of just under $31,700. What does the arrival of these significant players mean for the future of crypto? For years, the prospect of a Bitcoin ETF approval in the United States has been shrouded in uncertainty. However, the tides are turning this time, as the involvement of industry giants like BlackRock hints at a higher likelihood of approval. Deniz, our CEO, echoes this

Redmatter.Capital Deploys PlatoAi across its Web3 Content and Data Intelligence

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Time Stamp: June 12, 2023 11:55 AM - Modified On: June 12, 2023 - Published By:
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Montenegro, June 10th, 2023. Redmatter.Capital a fully regulated platform digital assets today announced the successful deployment of PlatoAi’s Ai Powered Web3 Intelligence inside the Redmatter Platform. The result of this successful deployment stemmed from a strategic partnership between the two companies with a collective vision and deep commitment towards driving commercial adoption and regulatory compliance of Digital Assets. Through this deployment Redmatter’s community of users will immediately benefit by accessing the latest premium intelligence across the digital asset sector including Web3, NFT’s, Trading and Carbon Offsets. Both companies plan to

BREATHE! Convention Releases Official White Paper, Detailing Mission on Web3 Adoption

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Time Stamp: February 22, 2023 2:48 AM - Modified On: February 22, 2023 - Published By:
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LAS VEGAS, NV - Today, BREATHE! Convention announced the release of the official BREATHE! Convention White Paper, which serves as a comprehensive guide that details a mission of rapidly increasing Web3 education and adoption around the world. “This is our love letter to all the projects out there who want more transparency and credibility in the Web3 space,” said Public Relations Director Brian Edmiston. “The BREATHE! White Paper is the ultimate game plan for how we’re making this convention the staging area for worldwide adoption of blockchain, metaverse, AI, and

Government Association Endorses Blockchain for Elections

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Time Stamp: August 3, 2022 5:28 AM - Modified On: August 3, 2022 - Published By:
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August 3, 2022 – Washington, DC. The 2020 US elections were a painful display of a breakdown in public trust. Declining trust in elections threatens democratic institutions all over the world, and it is imperative we restore it in our democratic institutions. US Federal law requires that overseas, military, and disabled voters have access to remote voting. States permit the use of email, fax, or mail-in ballots. However, many of these methods used today lack the security required to maintain integrity of the election results. The most important aspect in restoring

Mushe (XMU) to take on Axie Infinity with its ethical play-to-earn offering

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Time Stamp: April 24, 2022 1:59 PM - Modified On: April 24, 2022 - Published By:
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As the Mushe Token (XMU) presale continues to go from strength to strength ahead of the July launch (visit Mushe.world for more information) we have begun to receive more information on the suite of products that will make up the rest of the Mushe World ecosystem. The MusheVerse, which as the name suggests is Mushe’s metaverse offering comes complete with ways to earn, buy, sell and trade digital assets such as XMU tokens, digital land and NFTs. A metaverse is best described as a virtual-reality space in which users can interact with

White Whale: Enabling the UST peg in a decentralized manner

Source Node: https://ambcrypto.com/white-whale-enabling-the-ust-peg-in-a-decentralized-manner/
Time Stamp: November 19, 2021 9:30 AM - Modified On: November 19, 2021 - Published By:
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When looking at the Cryptosphere, there are a number of challenges that are immediately present. The maintenance or consistency of the UST (TerraUSD) peg, is one of these challenges. If a stablecoin cannot hold its peg, the entire ecosystem that is built around it can fail. This is not a hypothetical situation, but one that has happened to other algorithmic stable coins, it resulted in the peg being lost and projects dumping to zero. Another issue smaller investors are facing is the “whales”. Whales have been known to manipulate markets,

Israel adds more teeth to crypto and money laundering regulations

Source Node: https://bitcoinerx.com/blockchain/israel-adds-more-teeth-to-crypto-and-money-laundering-regulations/
Time Stamp: November 18, 2021 4:21 AM - Modified On: November 18, 2021 - Published By:
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In its campaign against cryptocurrency fraud, Israel is upping the ante. New legislation has gone into action to prevent illegal behavior and normalize the use of bitcoin and other FinTech products, according to the Authority for Combating Terrorism Financing and Money Laundering’s director.  The execution of these regulations, as stated by the leader, Shlomit Wegman, will help to establish order and clear norms. New restrictions and benefits The regulations are a direct result of the Financial Action Task Force’s 2018 requirements. The Financial Action Task Force (FATF) is made up