EU Watchdog Looks to ICOs to Formulate Appropriate Regulation
The European Union’s securities watchdog has a new initiative to develop suitable regulations for initial coin offerings (ICOs) and it requires investigating every single ICO. The European Securities and Markets Authority (ESMA) looks to be following the lead of the US on this front, which has notably tight restrictions on the industry that saw the Securities […]
Australia Tests Blockchain ‘Smart Money’ for Disability Insurance
A federal research branch of the Australian government has partnered with a major national bank to conduct blockchain testings for disability insurance claims via a smart contract-backed token. The Commonwealth Scientific and Industrial Research Organization (CSIRO) and the Commonwealth Bank of Australia (CommBank) announced details of the ”Making Money Smart” project Tuesday, saying they are currently testing the […]
