The world’s first fully-fledged agricultural blockchain transaction has resulted in transaction times being cut in half and document processing being reduced to 1/5 of the time normally required. Louis Dreyfus Co, Shandong Bohi Industry Co, ING, Societe Generale and ABN Amro took part in the trade where the sales contract, letter of credit and certificates…
Read MoreThe last 48 hours have not been good for bitcoin and other cryptocurrencies. Both the German Central Bank and the French finance minister Bruno Le Marie have called for increased regulations. Today, the Chinese Central Bank has joined the chorus for more regulation. PBOC Vice Governor Pan Gongsheng Has gone even further than Germany…
Read MoreIt’s beginning to seem as though not a day can go past without another country proposing new regulations for cryptocurrencies. The French Minister of Finance, Bruno Le Marie, gave a forty minute speech today where he highlighted “the risks of speculation, especially related to bitcoin.” In what may be seen as an attack on the…
Read MoreGerman Central Bank calls for global cryptocurrency regulation whilst adding Chinese Yuan to its currency reserves. During the last few weeks both China and South Korea have made statements regarding regulating cryptocurrencies and although nothing definite has been announced, the rumors have caused turmoil in Bitcoin and Altcoin cryptocurrency markets. Now the cryptocurrency regulation rumors…
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