BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina
Blockchain to save food industry $31 billion by 2024
Studies conducted by Juniper Research have found that blockchain will enable food fraud savings amounting to $31 billion.
Consensys compiles collection of Governments co-opting blockchain
Consensys has compiled a list of government or regulator-led blockchain projects in various stages of development around the world.
China crypto crackdown elicits Binance and Tron appeal
Binance and Tron have been banned on China’s largest micro-blogging service, Weibo, amid crypto crackdown.
France moving forward in blockchain regulation
An interview with Bougartchev Moyne Associés, revealed new regulatory developments in the French crypto space.
Bitfinex and Tether receive another class action lawsuit in US Courts
Another class action complaint has been filed against Bitfinex and Tether in the U.S. District Court for the Western District of Washington.
Wine marketplace built on ethereum launched
In partnership with EY, a Singaporean company has launched TATTOO, a blockchain enabled wine marketplace using ETH-721 tokens
Retail condo sold for $15 million worth of bitcoin
A retail condo in the Upper East Side of Manhattan, New York has been sold for $15.3 million in Bitcoin.
Blockchain a solution to boost AUSTRAC compliance
Following revelations of serious AML/CTF breaches by major Australian banks, blockchain is being identified as a possible solution.
Libra: Five months and growing stronger
Libra have stated in a recent blog post titled, 'Five months and growing strong' that they have been "working diligently." on the project.
South Korean Crypto Exchange CEO Jailed For 16 Years
The Seoul Central District Court has sentenced Kang-Seok-jun, CEO of crypto exchange Coinup, to 16 years imprisonment.
British Blockchain Taskforce Reports Smart Contracts Valid
The UK LawTech Delivery Panel's Legal statement of cryptoassets and smart contracts reinforces that the common law works with blockchain.
UAE crafts crypto regulations amid rapid adoption
Hot off the heels of China's plans to establish a central bank-backed digital currency, the United Arab Emirates have drafted regulation.
Ledger Vault obtains groundbreaking custom crime insurance policy
Ledger has announced that is has obtained a crime insurance policy, covering digital assets secured by the Ledger Vault platform.
Bank for International Settlements appoints Benoît Cœuré as head of Innovation Hub
The BIS recently appointed Benoît Cœuré (member of the European Central Bank Board) as Head of the new BIS Innovation Hub for a 5 year term.
Royal Bank of Canada reportedly ruminating on running cryptoasset exchange
Royal Bank of Canada (RBC) is reported to become the first Canadian Bank to launch its own cryptocurrency exchange and offer bank accounts.
IBM and OMFIF release research into Retail Central Bank Digital Currencies
Central Bank issued cryptocurrencies are hitting the news - IBM have issued a report with some interesting insights.
Coca-Cola cracks open the blockchain bottle
Coke One North America, the IT firm behind Coca-Cola’s bottle manufacturing supply chain processes, is set to pilot a blockchain project.