French multinational investment bank issues security tokens based on Ethereum blockchain

Societe Generale SFH, a subsidiary of Société Générale [SocGen], a French multinational investment bank and financial services company, issued security tokens worth €100 million, based on the Ethereum blockchain, its official website reported. According to a statement released on April 23, these security tokens were issued by the bank on April 18. Notably, this is not the first time the multinational bank […]

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City issues first summonses to anti-vaxxers amid measles outbreak

The city Health Department issued its first summonses Thursday targeting anti-vaxxers amid a measles outbreak, slapping three Williamsburg families with violations — while also closing four more schools in the Brooklyn neighborhood. The moves come as officials battle to get the state’s biggest outbreak under control. Of the city’s current 359 cases this week, at least 267 are in Williamsburg. […]

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Crypto Start-ups in Malta Facing Issues Accessing Banking Services

A lot is reported in the crypto and mainstream press about Malta and its open stance towards companies innovating with both cryptocurrency and blockchain tech. However, it appears that many start-ups are struggling to secure banking services with the island’s financial institutions. According to a report in the Times of Malta, banks have been more receptive to blockchain companies than […]

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Spain’s BBVA Bank Issues $40 Million Blockchain-Supported Structured Green Bond – BTCMANAGER

Banco Bilbao Vizcaya Argentaria (BBVA), Spain’s second-largest bank, has completed the first “structured green bond using blockchain technology to negotiate the terms and conditions.” The deal was conducted with Spanish insurance house MAPFRE. As per the press release, February 19, 2019, MAPFRE will invest USD 40 million to fund sustainable products.   Simplicity with DLT The deal with Spain’s largest […]

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FinCEN Issues Advisory On Iran’s "Illicit" Use of Crypto to Bypass Sanctions

Concerns are growing surrounding Iran’s use of cryptocurrencies like Bitcoin and Monero – and soon, their own native cryptocurrency – to evade economic sanctions put in place by the U.S., prompting FinCEN to issue an advisory on the topic. FinCEN on Iran’s Exploitation of Financial Markets The Financial Crimes Enforcement Network (FinCEN) has issued an alert, warning U.S.-based financial institutions, […]

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Ethereum’s Scam Issues Aren’t Getting Better

Earlier this year in July, products that have been resembling ‘Ponzi Schemes’ have been ‘topping the charts’ amongst decentralised applications (dapps) which are running on the globes second biggest blockchain. For those of you who don’t know Ponzi schemes are: “A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates […]

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