The introduction of the General Data Protection Regulation in Europe raises some critical questions about Distributed Ledger Technology. At the top of the list: Does GDPR really apply to DLT, and is it even enforceable?
As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector. Cassar points to new technologies presenting opportunities in his interview with The Malta Independent, noting that Malta faces important tests including the first International Monetary Fund (IMF) Financial Sector Assessment Programme for Malta since 2003. Malta’s financial services industry and supervisory framework are under increased scrutiny
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The CEO of UBS Group AG endorsed blockchain technology in an interview, suggesting that it is “almost a must” for business.
OKEX brings liquidity boost to WAVES with exchange listing and BTC, ETH, USDT and OKB trading pairs.
After a fairly stagnant weekend for the cryptocurrency market, the downtrend continues as all top 45 players are in the red. However, despite the serious market correction, Binance Coin (BNB) continues its uptrend — marking significant gains over the past week. The entire cryptocurrency market marks a slight decline over the last 24 hours, currently capitalizing at about $274 billion — after having lost roughly $6 billion in 24 hours. Bitcoin is also trading in the red,
Over the weekend, transactions on the live EOS blockchain came to a complete – yet temporary – halt.
The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt.” [Note: This is an op-ed] BIS: Bitcoin, You Scary On Sunday, BIS released a new 24-page document outlining why it believes cryptocurrencies like Bitcoin cannot become a bona fide financial instrument for the global economy. The
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Bitcoin will likely drop below $6,000 this week, with bearish indicators still littering short- and long-term charts.
The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers.
To most banks in the United States, cryptocurrency businesses are pariahs. To Metropolitan Commercial Bank in New York, they’re “pioneers.”