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What Legal Technology Can Teach the World of Finance
Date: July 20, 2022
By Richard Mabey, co-founder and CEO at contract automation platform, Juro Technology has disrupted the gap between law and finance. The rise of legaltech and fintech have enabled innovations in one to inform the other. And, while the world of finance – fast, global, progressive – is generally thought to lead this dynamic, in fact...
U.S. Crypto Exchange Coinbase Wins Regulatory Nod in Italy
Date: July 18, 2022
By Akriti Sharma and Tom Wilson (Reuters) -Major U.S. crypto exchange Coinbase Global Inc has won approval from Italian regulators to continue to serve customers in Italy, it said in a blog on Monday. Coinbase said it had met requirements from the Organismo Agenti e Mediatori (OAM), which oversees financial agents and credit brokers in...
Blockchain Firm Executes Russia’s First Digital Asset Deal With Palladium
Date: July 18, 2022
MOSCOW (Reuters) – Russian blockchain firm Atomyze has launched the first digital token backed by palladium produced by Nornickel, it said on Monday. Atomyze was the first Russian firm to receive approval to exchange digital assets in February, while the central bank has long voiced scepticism about cryptocurrencies. “The emergence of Russia’s first industrial token...
Global Regulators Back ‘same Risk, Same Regulation’ for Stablecoins
Date: July 13, 2022
By Huw Jones LONDON (Reuters) – Major stablecoins must comply with the same safeguards as traditional forms of payments, global regulators said on Wednesday, tightening controls over a battered crypto sector. Stablecoins are cryptocurrencies designed to have a stable value relative to traditional currencies, or to a commodity, to avoid the volatility that makes bitcoin...
JetLearn, the World’s First Web 3.0 Online Academy for K-12, Raises €1.2m in Seed Round to Launch Its Platform in the UK
Date: July 12, 2022
London, 12 July 2022, 9am GMT: JetLearn, the Amsterdam-based online academy that helps children learn new-age technology skills including Web 3.0, AI(Artificial Intelligence) and robotics, announces that it has raised €1.2m in a seed round to launch into the UK market. The oversubscribed round was led by the INSEAD Angel Group, with participation from other...
Britain’s Asset Managers Call for Blockchain Funds Regime
Date: July 7, 2022
By Carolyn Cohn LONDON (Reuters) – Britain’s Investment Association on Thursday called for the government and regulators to give the green light to tokenised funds using blockchain technology, which could make it easier for retail investors to buy illiquid assets. Tokenised funds split their assets under management into fractions, enabling a reduced minimum investment, making...