Brazil

Brazil could soon have a new blockchain platform to ensure the authenticity of information exchanged between financial authorities. Brazil’s central bank, Banco Central do Brasil (BCB), announced Tuesday that it has built the platform in order to allow secure data sharing between itself and other domestic...
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$800 Million: ICON

The countdown has begun for smart contracts protocol ICON’s June 20 token swap. On Wednesday, investors will swap their existing ethereum-based ICX tokens, used for project fundraising, for coins on a live version of ICON, effectively exchanging all existing tokens in an elaborate code migration. Launched...
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Tron Bought BitTorrent And Crypto Won

The founder of a little-known cryptocurrency is making big waves. First leaked last week, more details emerged Tuesday on how Justin Sun, the founder of a controversial cryptocurrency project called Tron (with a market capitalization of more than $3 billion), is acquiring the file-sharing service BitTorrent...
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Nasdaq Blockchain Trial Resolves Margin Calls

A group of industry stakeholders has developed a blockchain platform to transfer collateral to central counterparties when trading securities.  Stock exchange operator Nasdaq announced Tuesday that its clearing arm, along with securities services provider ABN AMRO Clearing and financial services firms EuroCCP and Euroclear, have...
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Nasdaq Tests Blockchain Use for Covering Margin Calls

A group of predominant industry stakeholders have developed a blockchain platform to transfer collateral to central counterparties (CCPs) when trading securities.  Stock exchange operator Nasdaq announced Tuesday that its clearing arm, along with securities services provider ABN AMRO Clearing and financial services firms EuroCCP and...
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Bitcoin, DLT and Bank Ledgers: A Central Banker

Yao Qian is the director-general of the Institute of Digital Money of the People’s Bank of China. This article represents his personal, academic opinions, not those of the institution. Bookkeeping refers to the recording of economic data in account books. A ledger, therefore, is a...
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Bitcoin Is

For Lloyd Blankfein, bitcoin just isn’t his thing. The Goldman Sachs chairman and CEO said in an interview on Tuesday that “it’s not for me” when asked about the world’s largest cryptocurrency by market capitalization. Appearing at the Economic Club of New York, he remarked: “I...
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