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BlockSplit • April 27-28, 2018

BlockSplit is a blockchain community conference organised to grow the global blockchain ecosystem. It will provide experienced members with a…

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Tag: Europe

Huobi Plan to Hit London in International Expansion

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

Huobi Plan to Hit London in International Expansion

Singapore-based exchange Huobi has spoken of plans to expand operations to London.The Huobi team were in London on April 17, 2018, to launch phase II of the Huobi Knights program and unveil four new projects. Expansion Objectives The news comes amid a recent spate of Asia-based exchanges expanding to international shores. Binance and OKex have announced plans to move to…

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Blockchain-based Systems Should be Exempt from the EU’s General Data Protection Regulations (GDPR)

Category: Blockchain, Business, News, Tech

Blockchain-based Systems Should be Exempt from the EU’s General Data Protection Regulations (GDPR)

In this our fast-paced information age where companies like Facebook are making billions of dollars by selling people’s information to third-parties, the GDPR is an excellent tool to cure the ‘madness’ of centralized systems. However, experts have suggested that data stored on distributed ledgers should be exempted from this new ‘giant killer law.’ The GDPR Game Changer Most organizations have…

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European Central Bank discusses the potential of a Central Bank backed cryptocurrency

Category: Altcoins, Bitcoin, Business, Commentary, Finance, News, Tech

European Central Bank discusses the potential of a Central Bank backed cryptocurrency

On March 13, 2018, European Bank Officials discussed the potential of a Central Bank-backed cryptocurrency and how it would challenge the current banking system. Although they believe that existing digital currencies like bitcoin are not the future, they see do seem the financial advancement as ‘an early sign of change.’ Changing Transaction Mediums, but Probably not Bitcoin Benoit Coeure, Member…

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Christine Lagard says Blockchain Can Be Used to Help Regulate Bitcoin

Category: Bitcoin, Blockchain, Commentary, News, Regulation, Tech

Christine Lagard says Blockchain Can Be Used to Help Regulate Bitcoin

Christine Lagarde, the Managing Director of the International Monetary Fund (IMF), has come forward to comment on the threats and virtues of cryptocurrencies. Good with the Bad, but Never Ugly for Crypto Lagarde begins her blog post by saying that the technology behind these “crypto-assets” – the blockchain – can deliver significant benefits which even led central banks to consider…

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European Bitcoin Broker Wants Gold Standard Regulations for Bitcoin

Category: Bitcoin, Business, Finance, News, Regulation

European Bitcoin Broker Wants Gold Standard Regulations for Bitcoin

Eric Demuth, the co-CEO of Bitpanda, the largest bitcoin broker in Austria and one of the biggest in Europe believes that the pioneer cryptocurrency should be regulated in a similarly to gold. Regulations Offer a Platform for Legitimacy There has always been a fair amount of comparison between bitcoin and gold with many experts pointing to a number of shared…

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How the Dutch Police Took Over Bitcoin Dark Market ‘Hansa’

Category: Bitcoin, Business, News, Regulation

How the Dutch Police Took Over Bitcoin Dark Market ‘Hansa’

Way back in the earlier days of bitcoin (BTC), before all these blockchain startups started giving cryptos a better name, the most famous use for them was on the Dark Web. Online markets cropped up, and trafficking in illicit goods picked up quickly to meet demand. The most popular being the infamous Silk Road marketplace, but others like AlphaBay, Ramp,…

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ECB Concerned about the Spread of Cryptocurrency, Wants Global Response

Category: Bitcoin, News, Regulation

ECB Concerned about the Spread of Cryptocurrency, Wants Global Response

Executive board member of European Central Bank (ECB), Yves Mersch, recently recognized digital currencies have the potential to spread internationally and does not feel this is something regulators should continue ignoring. Mersch outlined that economies should prepare for a global response to cryptocurrency platforms as he expects the use of cryptocurrencies to continue with its current hype. In an interview…

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Only Global Rules Can Harness Bitcoin, Says European Bank Director

Category: Bitcoin, News, Regulation

Only Global Rules Can Harness Bitcoin, Says European Bank Director

Joachim Wuermeling, a member of the board of Bundesbank, Germany’s central bank, says only global regulations will be useful in controlling cryptocurrencies. His January 2018 statement comes on the heels of the introduction of increased EU regulations on digital currencies in December 2017. Controlling a Borderless Economy “Effective regulation of virtual currencies would therefore only be achievable through the greatest…

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The European Union Formulate Strict Cryptocurrency Regulations To Deter Terrorism Sponsorship

Category: Altcoins, Bitcoin, News, Regulation

The European Union Formulate Strict Cryptocurrency Regulations To Deter Terrorism Sponsorship

Cryptocurrencies provide an exciting and easy way to carry out financial transactions, due to their ability to offer cheaper money transfers, speed, pseudo-anonymity, and the elimination of third-party interference.

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Why the EU is Investing $540,000 in Blockchain Development and Pilot Test

Category: Blockchain, News, Regulation

Why the EU is Investing $540,000 in Blockchain Development and Pilot Test

The European Union (EU) has decided to invest $540,000 in the formation of the EU Blockchain Observatory to formulate efficient regulations and policies for companies and startups leading blockchain development. In an official statement released on April 18, the EU stated that the budget would be used to fund the EU Blockchain Observatory for two years. During that period, EU…

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