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Dynamic Coalition on Blockhain Becomes ‘DAO’

  The United Nations Secretary-General convenes the Annual Internet Governance Forum (IGF). The forum features intersessional groups working on diverse internet governance topics. Among these groups, the Dynamic Coalition on Blockchain Assurance & Standardization (DC-BAS) just made history. On August 26, 2024, DC-BAS adopted Bylaws and technology to become the first global Decentralized Autonomous Organization (DAO) within the UN IGF framework. Dino Cataldo Dell’Accio, the UN Joint Staff Pension Fund’s Chief Information Officer, praised this as a “groundbreaking step forward in public sector governance.” He highlighted how the DAO showcases blockchain’s potential to

Grizzly Research Releases Coverage Report on GigaCloud (NASDAQ:GCT)

New York, May 22, 2024 – Grizzly Research has released a comprehensive coverage report on GigaCloud Technology Inc. (NASDAQ: GCT). The report provides an in-depth analysis of GigaCloud’s business operations, highlighting several areas of concern regarding the company’s financial reporting and operational practices. A copy of the report can be found here: Grizzly GCT Report Key Findings: 1.Discrepancies in Gross Merchandise Value (GMV): While GigaCloud reports significant growth in GMV, web traffic data for its B2B marketplace, GigaB2B, indicates low activity. At its peak, the site had only 1,000 visits

Bozo.Finance. A Groundbreaking NFTxTOKEN Solution Revolutionizing Decentralized Finance.

  Bozo.Finance / Bozo Hybrid In an innovative leap forward for the DeFi space, Bozo Hybrid announces the launch of its revolutionary platform - a first-of-its-kind NFTxTOKEN hybrid that is reshaping the landscape of liquidity and asset interchangeability. The Game-Changing Innovation of Bozo HYBRID Bozo HYBRID is not just another project in the blockchain space. It represents a paradigm shift, a true DeFi 2.0 model, by integrating non-fungible tokens (NFTs) with fungible tokens ($bozo tokens) to create a two-way liquidity portal. This hybrid approach is a breakthrough in the market,

Advancing Financial Inclusion AUC Coins Set to Revolutionize Retail Payments in South Africa

AUC Coins to be Added as a Payment Method for Retail in South Africa Key Highlights: Advanced Project's TIER platform enables direct AUC Coin payments at South African retailers. TIER facilitates payments for goods, services, and even municipal bills, creating a holistic ecosystem for AUC Coin usage. Africa leads the way and Advanced Project's success in South Africa serves as a beacon for wider digital asset adoption across the continent. Cape Town, South Africa – January 2024 – Advanced Project, a leading force in African blockchain innovation, is taking a

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

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

Zumo first to launch platform built to meet the tech requirements of the FCA’s new Financial Promotions Regime for Crypto Assets

The award-winning platform has set a new benchmark in consumer protection and regulatory alignment With some UK operators having to pause activity, Zumo’s financial promotions technical flow is now also available through its B2B API to support unregistered firms with remaining compliant after the 8 October deadline [London/Edinburgh - Friday 29 September 2023] Zumo, the UK-based digital-asset-as-a-service platform, has announced a significant industry milestone as it becomes the first digital asset platform to have integrated tech based requirements of the Financial Conduct Authority’s (FCA’s) new financial promotions regime for cryptoasset

Blockpass integrates award-winning ID system with Solana Wallets, offers special discount to Solana projects

HONG KONG, Sept 7, 2023 - (ACN Newswire) - Blockpass has announced that it will be integrating its identity verification solution with Solana Wallets and supporting Solana projects with its revolutionary On-Chain KYC(R) solution. Additionally, Blockpass will provide a unique special offer available to all Solana projects in the form of a 50% discount. Solana is a blockchain network with the fundamental ideals of an open-source community, decentralization, staking and censorship resistance at its heart. The Solana network is validated by thousands of independently-operating nodes that ensures data remains secure

Dynamic Coalition on Blockchain Assurance and Standardization (DC-BAS)

Introduction Blockchains are a promising technology with the potential to transform many industries. However, there are still challenges that need to be addressed before blockchain solutions can reach their full potential. Blockchains are important because they can be used to create secure and transparent systems. For example, blockchains can streamline the delivery of public services to underserved communities and populations, strengthen transparency and integrity for public services, and ultimately build trust amongst all stakeholders. As blockchain technology continues to develop, it is likely to have a major impact on the

The Fight for Financial Freedom

As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.