Almost Official (Regulatory Digest, Feb 21—27)

Russia to associate crypto with money laundering, an oil-backed Russian coin initiative, USA to further handle blockchain, the skeptical as for innovations Ohio, South Africa reporting growth in banking sector, blockchain for deals in Spain, Seoul to back blockchain startups, +1 exchange bankrupt in South Korea, Turkish operator to use blockchain for data maintenance, Australian AUSTRAC to test blockchain for financial reports

We’re reviewing how [the program] might be either curtailed or might be expanded, and what our counter-party risk is with that vendor

Robert Sprague, Ohio State Treasurer

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“Ripple” of China? Ultrain Is Leading a New Era of Public Blockchain

As Ripple emerges as the latest form of global transaction company, it continues to shine as one of the world’s top blockchain projects. Ripple’s accomplishment is a result of strategically building its implementation of blockchain technology to service existing financial tycoons and banking corporations. Ultrain’s plan to deliver key services to existing companies shares a similar strategic advantage, which has been at the core of the project since initiation. Although not involved in banking or payment, Ultrain is devoted to provide trusted computing services to enterprise clients and empower traditional industries with blockchain technology, that resemblance reminds many of Ripple. The post “Ripple” of China? Ultrain Is Leading a New Era of Public Blockchain appeared first on CCN
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Australia And New Zealand Banking Group (ANZ) Echos Not So Peachy Blockchain Sentiments

Australian Bank ANZ Is Not So Sure About Blockchain Technology The Australia and New Zealand Banking Group Limited (ANZ) seems to disagree with the possible solutions that blockchain technology provides to companies and enterprises around the world. According to Maria Bellmas, ANZ Institutional’s associate director of trade and supply chain products, blockchain raises many questions. […]
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