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UK Begins Research on Law Reform for Use of Blockchain Smart Contracts

The U.K. Law Commission has launched research investigating reforms that would bring legal clarity to the use of blockchain-based smart contracts.

UK flag court

Markets

A Japanese Telecom Giant Wants to Use Blockchain to Store Contracts

Nippon Telegraph and Telephone is looking to invent a new contract agreements system based on blockchain technology.

nippon

Markets

Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative

A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.

sarah zhang

Markets

Barclays Seeks Twin Blockchain Patents for Banking Services

Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.

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Markets

US Consumer Finance Watchdog Opens Regulatory Sandbox to Blockchain

The CFPB is launching a regulatory sandbox to encourage innovation in new tech such as blockchain, acting head Mick Mulvaney announced Wednesday.

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Markets

All 'Big Four' Auditors to Trial Blockchain Platform for Financial Reporting

The world's four biggest auditing firms will join 20 banks to trial a blockchain service for validating public companies' financial reports.

bills

Markets

Government-Backed Blockchain Trade Platform Launches in Singapore

A digital services firm owned by a Singapore government agency and a major port operator has launched a blockchain platform for cross-border trade.

singapore port

Markets

Billionaire Marc Lasry Sees Bitcoin's Price Reaching $40,000

Billionaire investor and fund manager Marc Lasry said the price of bitcoin has the potential to reach $40,000.

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Markets

Pop Icon Peter Gabriel Has Invested in a Blockchain Startup

Legendary musician and former Genesis lead singer Peter Gabriel has invested in blockchain startup Provenance.

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Markets

Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering

Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.

Federal Reserve Chair Jerome Powell