implement

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

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Time Stamp: December 13, 2023 6:48 AM - Modified On: December 13, 2023 - Published By:
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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

From Dominance to Compliance

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Time Stamp: December 3, 2023 1:04 PM - Modified On: December 3, 2023 - Published By:
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Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down

Government Blockchain Association (GBA) Releases Voting Solution Assessment Model

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Time Stamp: October 20, 2023 7:16 AM - Modified On: October 20, 2023 - Published By:
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  Washington, DC, September 19 — The Government Blockchain Association (GBA) announces the release of the Blockchain Maturity Model (BMM) Voting Supplement. "The Voting Supplement is a critical resource for governments, organizations, and developers worldwide, providing a comprehensive framework to ensure the privacy, security, and integrity of voting systems," said Susan Eustis, Chair of the GBA Voting Working Group. "Its scope extends beyond government elections, making it applicable businesses, associations and other forms of governance, enhancing trust in democratic outcomes." The supplement is a roadmap for developers and administrators seeking

The Tightrope of Regulation

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Time Stamp: September 26, 2023 7:06 AM - Modified On: September 26, 2023 - Published By:
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In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread

The Fight for Financial Freedom

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Time Stamp: July 10, 2023 5:30 AM - Modified On: July 10, 2023 - Published By:
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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.

GMEX Group launches ZERO13 digital carbon credits aggregation ecosystem

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Time Stamp: May 4, 2023 5:58 AM - Modified On: May 4, 2023 - Published By:
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Partners with Verdana Eco-Consortium, Alléo Energy and Pay DIRT London., May. 4, 2023 -- GMEX Group Limited (“GMEX”), a leader in digital business and technology solutions for capital, commodities and sustainability markets, announces the launch of ZERO13, a climate fintech. ZERO13 provides an automated AI and multi-blockchain driven aggregation ecosystem delivering trusted supply, digital issuance, trading, clearing and settlement for a broad range of carbon credits and related ESG real-world assets. ZERO13 digitally interconnects multiple stakeholders, including registries, banks, custodians, asset managers, corporates, buyers and sellers, markets, exchanges, climate tech

The Government Blockchain Association (GBA) Publishes Blockchain Maturity Model (BMM) Overview Document

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Time Stamp: January 17, 2023 10:41 AM - Modified On: January 17, 2023 - Published By:
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Washington, DC - January 17, 2023 - The Government Blockchain Association (GBA) is pleased to announce the publication of the Blockchain Maturity Model (BMM) Overview Document. It is available for download at https://gbaglobal.org/wp-content/uploads/2023/01/01-Blockchain-Matuirity-Model-Overview-v1.0-2.pdf, and provides an in-depth look at the content, structure, use, and maintenance of the GBA BMM. The BMM is a comprehensive framework that includes requirements, resources, and tools applicable to blockchain solutions. A blockchain solution includes all layers (network, protocol, application, and transactions) of the solution. The model is designed to assist government organizations in evaluating and improving their blockchain capabilities. "We are

Go From Crypto Curious to Confident With Just One Book, Say Authors

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Time Stamp: November 16, 2022 1:41 PM - Modified On: November 16, 2022 - Published By:
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As cryptocurrencies continue to dominate the news, more and more people are interested in hearing the ‘real deal’ from veteran insiders. However, many don’t know where to start, especially when experts are using unfamiliar terms like “altcoin,” “Web3,” and other jargon. Experienced investors in the crypto market want to level the playing field and pave the way for new investors. Such is the case for Mike Kimelman and Charlie Shrem, co-authors of the new book Mastering the Basics of Bitcoin and Crypto: Go from Crypto Curious to Crypto Confident With