Gemini Hires Former Starling Bank Founder as Managing Director of Europe

In the past 18 months, Gemini has added several senior leaders to its ranks. The former global head of financial crimes at Morgan Stanley, Noah Perlman, joined Gemini as its chief compliance officer; its chief security officer, David Damato, came from cybersecurity firm Tanium; its new general counsel, Sydney Schaub, has worked for Google and […]

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French Central Banker: The World Needs to Standardize Crypto Regulations

A French central banker is calling for a global regulatory framework on crypto assets. In a speech at an Official Monetary and Financial Institutions Forum (OMFIF) meeting in London on Tuesday, Denis Beau, a deputy governor of Banque De France, said: “There is indeed a need for overall consistency to prevent regulatory arbitrage under the […]

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Ford Test Driving Blockchain for Energy-Efficient Vehicles

Ford is giving a little more road to a blockchain pilot program aimed at improving fuel efficiency. On Tuesday, the auto-giant said it will use blockchain to monitor and automatically implement fuel efficient driving modes for a fleet of vehicles in Cologne, Germany. This is part of a wider pilot program also happening in London and […]

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Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official

Facebook’s Libra must achieve the highest standards of U.S. regulatory compliance prior to any launch, a U.S. Treasury official has said. Speaking to reporters in Geneva, Switzerland, Sigal Mandelker, under secretary of the Treasury for terrorism and financial intelligence, said not only Libra, but other cryptocurrencies operating in all or part of the U.S. will need […]

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UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud Concerns

A parliamentary committee in the U.K. may move to probe Facebook’s Libra cryptocurrency project over fears it will wield too much power. Speaking to Financial News, Damian Collins, chair of the House of Commons’ Digital, Culture, Media and Sport Committee, said, given the company’s past poor record on privacy, he has concerns that Facebook can adequately […]

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The Hidden Effects of Crypto Money Laundering Rules

Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for the institutional market with news and views on crypto infrastructure delivered every Tuesday. Sign up at the link below.  Ever since Emperor Vespasian held up a […]

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Craig Wright’s nChain Is Hiring a Lawyer to ‘Prosecute’ Its Crypto Patents

nChain, the company founded by self-proclaimed bitcoin inventor Craig S. Wright, is looking to hire a patent counsel in London to manage and grow the firm’s portfolio of blockchain-related IP. The applicant must be a qualified European Patent Attorney, have a keen interest in bitcoin and blockchain and also possess a first degree in computer […]

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Italy’s Senate Moves to Set Legal Foundation for Blockchain Timestamps

The Italian government could soon amend regulations to allow legalized blockchain timestamping and validation of digital documents. The country’s senate, the Senato della Repubblica, on Wednesday published a proposal to add distributed ledger technology and smart contract-related terms to Senate Act No, 989, passed in December 2018. As well as including definitions of blockchain and smart […]

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Oceans Apart: Crypto Regulation in the US and EU

Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. ————————–————————–————————–————————–————————–————————– Spare a thought for the financial regulators: the American ones, with no paycheck during […]

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4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda

Four European banks – Commerzbank, ING, Natixis and Rabobank – have settled a live transaction for a short-term debt instrument on the Corda platform developed by blockchain consortium startup R3. According to a report from FinTech Futures on Thursday, the transaction involved an issuance of a one-day maturity euro commercial paper (ECP) worth €100,000 (or […]

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