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US Regulator Joins Canada in Fining Blockchain Firm CEO for Securities Act Violation

Blockchain entrepreneur Alex Tapscott has been fined $25,000 by the United States Securities and Exchange Commission (SEC,) according to a filing on May 14.Tapscott is the CEO of NextBlock Global, and in the filing, the SEC said neither the Canadian company nor its securities had ever been registered with the commission.The 33-year-old

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Major Brazilian Bank Brodesco Joins R3 Corda-Powered Global Trade Finance Network

Prominent Brazlian bank, Banco Bradesco, has become the latest institution to join R3’s Marco Polo blockchain network for trade finance, according to a press release shared with Cointelegraph on May 14.Banco Bradesco is among Brazil’s leading banks, with total assets worth $338.2 billion and a market capitalization of $49.1

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Former Worldpay US Executive Joins Crypto Payments Firm BitPay as Its New CFO

Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its Chief Financial Officer (CFO), according to a press release published on May 7.Having more than 15 years experience in private equity and public markets, Braganza joined BitPay to “help support the business through

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Former Barclays Exec Joins Fidelity Investments to Work on Digital Assets

A former executive of British investment bank Barclays, Chris Tyrer, has joined Fidelity Digital Assets, the crypto platform of American financial services corporation Fidelity Investments, Finance Magnates reported on April 30.Tyrer began working on digital assets for Fidelity Investments after serving over 13 years at Barclays as Head of

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Samsung Joins Corporate Giants Reportedly Eyeing Bespoke Crypto

Samsung is another big-name company to consider issuing its own cryptocurrency. Similar stories have already emanated from the likes of Facebook and JPMorgan Chase, with analysts speculating on various use cases for these cryptocurrency tokens.While not yet confirmed officially, a “Samsung Coin” could find application as a payment means

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Japan’s 3rd Largest Bank by Assets Joins R3 Marco Polo Blockchain Network

Major Japanese bank, Sumitomo Mitsui Banking Corporation (SMBC), will leverage R3’s Marco Polo blockchain network for trade finance, local cryptocurrency news outlet CoinDesk Japan reported on April 25.SMBC, which is Japan’s third-largest bank by assets, plans to roll out blockchain services in the second half of 2019.Other currency members

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National University of Columbia Joins Blockchain Global Consortium for Science

The National University of Columbia is joining the global  blockchain consortium for science dubbed Bloxberg, Mauricio Tovar Gutiérrez, co-director of the research group at inTIColombia told Cointelegraph en Español on April 15.Bloxberg is a blockchain initiative formed by 12 research organizations from 10 countries and led by the Max

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Volkswagen Joins IBM-Backed Blockchain Platform for Cobalt Supply Chains

Volkswagen is joining a blockchain-powered scheme to ensure the cobalt used in lithium-ion batteries for its electric vehicles is responsibly sourced. The carmaker announced its involvement in a news release on April 18.The German-headquartered company hopes the technology, built on the IBM Blockchain Platform, will “increase efficiency, sustainability and

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Former Paypal, Google Engineering Exec Joins Bakkt as Chief Product Officer

A former engineering executive at PayPal and Google will join the team behind the institutional digital asset platform Bakkt, the firm’s CEO Kelly Loeffler announced in a blog post on Medium on April 11.With over 25 years of experience in digital payments, engineering, strategy and operations, Mike Blandina has

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