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German government unimpressed by Facebook stablecoin’s rebrand

Facebook’s Diem stablecoin, which recently changed its name from Libra, is still failing to impress German regulators.As reported by Reuters,  German Finance Minister Olaf Scholz voiced his criticism of the project on Monday after a conference between G-7 finance ministers and central bank directors. Scholz called Facebook’s project “a wolf in sheep’s

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Australian government embraces blockchain with new trial and public servants’ network

The Australian government is trialing the use of blockchain technology for inter-government document exchanges with Singapore as the latest action in a series of pro-blockchain efforts. It follows hot on the heels of the establishment of a new network promoting blockchain to public servants. On Nov. 23 the Australia Border Force

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US Government labels Virgil Griffith’s argument to dismiss sanctions charges ‘absurd’

Lawyers representing the United States government have filed a legal memo opposing the dismissal of charges for Virgil Griffith, a former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People's Republic of Korea, or DPRK.According to court records filed Nov. 19 in the Southern District

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Blockchain-based EV charging trial gets $1M from Canadian government

A three-year pilot scheme for an innovative blockchain-based electric vehicle, or EV, charging platform has received $1 million in funding from Natural Resources Canada, a department of the country's government.The scheme promises to reduce the cost of EV charging transactions and enhance power grid efficiency, according to an article on

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Beijing Municipal Government Conference Notes Plans to Pilot CBDC in Nation’s Capital

Two Beijing-area regional bodies – the Beijing Local Financial Supervision and Administration and the Tongzhou District government – held a conference Monday that made note of the People’s Bank of China (PBoC) Digital Currency Research Institute’s plan to build a legal digital currency test zone and digital financial system in

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Australian Senator Touts Blockchain Tech for ‘One-Touch’ Government

An Australian senator has come out as a big fan of blockchain, saying the technology could help facilitate government processes, tighten up financial regulation and more.As reported by ZDNet on Wednesday, Andrew Bragg, senator for New South Wales, boldly said that “the future is technology by blockchain,” at the Future

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