Facebook forms centralised payments project team
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The team, named F2, will be in charge of handling the research and development of all payments features across the company’s applications Facebook has made a centralised and integrated payments system a top priority for all of its apps Tech giant Facebook has revealed it has formed a new group dedicated to pursuing opportunities in payments and commerce. The company has appointed David Marcus, the co-creator of Libra, to lead the initiative. Facebook Financial, known as F2 for short within the more info…
California to reduce carbon footprint with blockchain
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The California Energy Commission is entering phase two of their blockchain technology project Participants of the project can receive credits for activities that reduce their carbon footprint, which can then more info…
Ireland set to enforce stricter AML on crypto
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These new laws are an expansion of the European Union’s AMLD-5 directive, focusing particularly on wallets and exchange platforms While the government of Ireland supports cryptocurrencies, the lack of clear more info…
Korea’s Kookmin Bank to offer crypto custodial services
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KB Kookmin has partnered with Hashed, Cumberland Korea and Haechi Labs for the project The announcement highlights an urgency for banks within South Korea to start integrating blockchain technologies KB more info…
At least 10,000 new blockchain firms set up in China despite pandemic
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The coronavirus has not swayed the interest of entrepreneurs in setting up their own blockchain businesses It is possible that this year’s statistics could surpass 2018’s rates, establishing a new more info…
