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“There is small, but growing demand from our clients for solutions of this type and many technical, operational, regulatory, and legal considerations to be addressed," said Ralph Achkar, managing director of Digital Product Development and Innovation at State Street. "That is why we have opted for an open model, and
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Banks involved in this month’s trial included Dutch bank ABN AMRO, Mexican bank Banorte, Boston-based Citizens Bank, Frankfurt-based Commerzbank, Hong-Kong based Bank of East Asia and the Saudi British Bank. Other corporations involved included BMW, Saudi Arabia-based International Islamic Trade Finance Corporation, financial services institute SüdFactoring (subsidiary of German bank
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According to Friday's complaint, Griffith asked for – and was denied – permission to travel to North Korea in order to give the presentation, titled "Blockchain and Peace." Moreover, the complaint said, Griffith subsequently "began formulating plans to facilitate the exchange of Cryptocurrency-1 between the DPRK and South Korea," despite
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According to Friday's complaint, Griffith asked for – and was denied – permission to travel to North Korea in order to give the presentation, titled "Blockchain and Peace." Moreover, the complaint said, Griffith subsequently "began formulating plans to facilitate the exchange of Cryptocurrency-1 between the DPRK and South Korea," despite
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Telegram has refuted allegations by the US Securities and Exchanges Commission in court, which claim that the planned Gram token from the messaging app is a security and, therefore, subject to regulations from the commission and has requested that the trial be dismissed because of this. Last month, the SEC successfully sought
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Mark Scott, lawyer of the OneCoin cryptocurrency Ponzi scheme, undergoes trial for laundering $400 million out of the U.S.For those who do not know what OneCoin exactly is, it was perhaps one of the biggest scams in cryptocurrency’s short history. Konstantin Ignatov and Ruja Ignatova were behind this international pyramid
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Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys has completed a global five week blockchain trial in partnership with R3. advertisement Stephen Obasi, Group Head, Head Office Operations, Fidelity Bank, said: “This is an audacious step by Infosys to simplify and revolutionize global trade finance practice using Blockchain technology.
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Energy-focused blockchain startup Power Ledger has extended its peer-to-peer (P2P) energy trading trial into its next phase in the Australian city of Fremantle.In a press release shared with CryptoX on Aug. 21, Power Ledger revealed the continuation of its p2p solar power trading trial aimed at tracking rooftop solar
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A United States Customs and Border Protection (CBP) advisory committee, is planning to launch a live test of its blockchain-based intellectual property rights proof of concept.The Commercial Customs Operations Advisory Committee (COAC) will run its tests from late August to late September, per a report published on the CBP’s
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