Saudi Arabia, UAE Crypto Primed for 2019 Launch

Saudi Arabia, UAE Cryptocurrency Given 2019 Launch Date

Saudi Arabia has announced that its state-managed cryptocurrency will be launched in association with the United Arab Emirates (UAE) next year as a solution for international payments. Mohsen Al Zahrani, Head of Innovation at the Saudi Arabia Monetary Authority (SAMA), shared details of the cryptocurrency release with the Saudi Press Agency earlier this week where he disclosed the […]

Italy Flexes Regulatory Muscle with Non-Compliant Crypto Exchanges

Italy Flexes Regulatory Muscle with Non-Compliant Crypto Exchanges

Italian regulators, the Commissione Nazionale per le Società e la Borsa (CONSOB), is tightening its grip on cryptocurrency firms who don’t comply with the commission’s regulations. Three companies have been cited in a CONSOB statement as receiving suspensions from operating their services, two companies receiving three-month suspensions and one banned from operating for an indefinite […]

Mais Oui! French Tabacs to Sell Bitcoin Next Year

Mais Oui! French Tabacs to Sell Bitcoin Next Year

The French Tabac (tobacco store) is a national institution but next year is changing quite dramatically as along with your pack of Gitanes, morning coffee and perhaps a small cognac, you can now pick up your Bitcoin. The Autorité de Contrôle Prudentiel et de Résolution (ACPR), the institution charged with monitoring the transactions performed by banks […]

Carrefour’s Blockchain Poultry Tracking Live in Spain

Carrefour's Blockchain Poultry Tracking Live in Spain

Retail company Carrefour has launched a new blockchain-based organic poultry tracking system in Spain. The new system has been deployed on the Hyperledger DLT system based in Spain. The first-of-its-kind food tracking solution will be used to track organic chickens based in Galicia. Galician chickens are raised without antibiotic treatment and are considered extremely healthy […]

Morgan Creek Digital Forecasts Fall and Rise of Crypto Hedge Funds

Morgan Creek Digital Forecasts Fall and Rise of Crypto Hedge Funds

The Founder of Morgan Creek Digital, Anthony “Pomp” Pompliano, forecasts that cryptocurrency-oriented hedge funds will begin to close their doors. Further, Pompliano says regarding the bear market that “things will get much worse before they get better”. There are two main factors that will cause cryptocurrency hedge funds to shut down according to Pompliano. First, there […]

South Korea Adopts Blockchain for Beef Supply Chain

South Korea Adopts Blockchain for Beef Supply Chain

South Korea has further expanded blockchain infrastructure and will now be utilizing the technology in a beef supply chain pilot in order to create transparency for consumers. Beefchain First reported by local media outlet Yonhap News, the project will be conducted by the Ministry of Agriculture, Food and Rural Affairs (MAFRA), as well as the […]