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Blockchain Day Emirates • December 15, 2018

Blockchain Day Emirates – is an event that brings together the world’s leading visionaries, innovators, and thinkers to explore new…

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Tag: Bank of England

Bank of England Endorses Blockchain Use with Revamped Payment System

Category: Bitcoin, Blockchain, Finance, News

Bank of England Endorses Blockchain Use with Revamped Payment System

The Bank of England has stated that a revamped payment system currently under development will offer integration and support for fintech firms using blockchain technology. The pronouncement, which the UK’s central bank made on July 23, 2018, will come as a welcome fillip to the British cryptosphere and encourage further blockchain finance development in the country. Blockchain and Crypto Friendly…

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Ripple Asks UK Government To “End the Wild West Days,” Introduce Regulations

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Ripple Asks UK Government To “End the Wild West Days,” Introduce Regulations

Owing to the “Wild West” days- meaning no laws or regulations present – of the cryptocurrency market, Ripple, the world’s third largest digital currency, has encouraged the British regulators to follow Japan’s example of the implementation of new rules to end any crypto-frauds. Crypto-Markets Need Regulations The UK regulators were asked to maintain a balance between “capturing risks and enabling…

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Bank of England FinTech Accelerator to Work with AI and Ripple

Category: Altcoins, Finance, News, Tech

Bank of England FinTech Accelerator to Work with AI and Ripple

The Bank of England (BoE) recently posted a press release announcing that its FinTech Accelerator launched a new community which brings together FinTech-related organizations. On March 17 the BoE posted on its official website a press release where it states its Fintech Accelerator was launching a new community to share developments and engage with different fintech firms across the financial…

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Bank of England Puts National Virtual Currency Plans On Ice

Category: News, Regulation

Bank of England Puts National Virtual Currency Plans On Ice

Not too long ago, the Bank of England mentioned how they were looking into issuing their own digital currency. While this seemed like an intriguing idea, the institution has abandoned the concept, for now. The group feels there will be no “extreme revolution taking place” to warrant future development of a national digital currency. But that does not mean the…

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