The International Monetary Fund (IMF) and the World Bank are partnering up to launch a private blockchain and “quasi-cryptocurrency.” The asset, “Learning Coin,” will be accessible only within the Washington-based multinational agencies. Since the coin has no monetary value, it’s not an actual cryptocurrency, according...
The National Assembly of France has voted to allow local insurance companies to include cryptocurrencies in life insurance contracts. Changes to the insurance code via the Pact Act now allow for life insurance contracts investing in specialized professional funds (SPFs) to include blockchain-backed assets. “With...
A new survey shows that most companies are not using blockchain technology. Stack Overflow’s annual developer survey asked around 48,175 developers about blockchain’s adoption within their organizations, with 80 percent saying they are not using the technology at this time. In addition, 12.7 percent revealed that their...
Andy Pag, founder and coordinator of Mt. Gox Legal, announced that he is stepping down from his position at the end of the month. Pag told CoinDesk that he believes the legal issues facing the now-defunct bitcoin exchange could hold up its civil rehabilitation process...
China could move to ban mining for bitcoin, based on a draft list of industrial activities the country’s state planner wants to eliminate. According to a report in Reuters, citing the National Development and Reform Commission (NDRC),China’s state planning agency is facing mounting pressure from...
A new report shows that cryptocurrency exchange Coinbase came out ahead of investment banking firm JPMorgan as one of LinkedIn’s top 50 U.S. employers for 2019. The list ranks Coinbase — the only crypto or blockchain firm on the list — at number 35, while JPMorgan comes...
A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International Association of Trusted Blockchain Applications (INATBA) — officially launched on April 3 in Brussels and includes SWIFT, IBM, Ripple and around 100 other companies...
People who want to use UnionBank of the Philippines‘s (UBP’s) new bitcoin ATM will need to have an account with the bank. According to The Next Web, UBP, the seventh-largest bank in the Philippines, launched its first cryptocurrency ATM this week. However, users will need to...
As blockchain cleaves from its association with cryptocurrencies, one way distributed ledger technology is finding new use cases is through the application to logistics and supply chains. To that end, H-Source seeks to address inefficiencies tied to the healthcare supply chain. The company provides an...
