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BIS endorse Distributed Ledger Technology (DLT) for payments clearing and settlement

Chris Skinner

I’ve just been alerted by friend Gijs Boudewijn to the release of a fascinating white paper by BIS, the Bank for International Settlements (the guys who do Basel stuff and are big cohonez in banking circles).

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Bitcoin Daily: CoinLaunch Settles With Ontario Securities Commission; BankLine Servicing Crypto Cos

PYMNTS

Initial coin offering (ICO) consultant CoinLaunch will pay $50,000 to settle with the Ontario Securities Commission (OSC). According to the regulator’s website , CoinLaunch was consulted on two ICOs, with both determined to be securities. As a result, CoinLaunch has agreed to pay a $50,000 fine.

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Too Much Security? There’s No Such Thing

PYMNTS

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.”. There’s never ‘too much’ security,” Grant said.

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Bitcoin Daily: Overstock Subsidiary Puts $2.5M In ‘GrainPay’; US Govt Works To Make Crypto Transactions Transparent

PYMNTS

The funding will be used to hire staff, “build out our infrastructure and secure the appropriate steps are taken to develop a regulated market for digital assets,” said ErisX Chief Executive Officer Thomas Chippas, according to Reuters. We found a proliferation of press releases, white papers and persuasively written articles.

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Russia Prepares For SWIFT Exit With Blockchain

PYMNTS

The Russian Association of Corporate Treasurers is joining the government-led Masterchain blockchain initiative, a platform developed by the central bank to facilitate communication within Russia’s banking market. Russia is reportedly looking to use the platform to replace SWIFT’s inter-bank communications network.

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Bitcoin Daily: Bitcoin Loses $18M, Microsoft Uses Blockchain To Give Consumers More Control Over Personal Data

PYMNTS

Bitcoin was hit with an $18 billion market loss in just three days. Other cryptocurrencies had an even worse week: Ether, the second-largest cryptocurrency by market capitalization, dropped 12 percent, while the third largest, XRP, is down 18 percent in seven days. and Canadian securities regulators.

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Bitcoin Daily: Some Safeway Stores To Give Bitcoin As Change; Canadian ICO Consultant CoinLaunch To Pay $50K Settlement

PYMNTS

Initial coin offering (ICO) consultant CoinLaunch will pay $50,000 to settle with the Ontario Securities Commission (OSC). According to the regulator’s website , CoinLaunch was consulted on two ICOs, with both determined to be securities. As a result, CoinLaunch has agreed to pay a $50,000 fine.

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