Markets in Crypto Assets Regulation public consultation
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Minister for Finance Michael McGrath TD opened a public consultation on the exercise of national discretions contained within the Markets in Crypto Assets Regulation (MICAR) (EU) 2023/1114. The Markets in Crypto-Assets Regulation is the first European-level legislation introducing a harmonised and comprehensive framework for crypto-assets, covering issues from the offering to the public of crypto-assets […]

EASA to leverage blockchain tech for tracking aircraft parts
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Europe continues its search for new blockchain use cases, with the latest foray coming in its aviation sector as the region seeks to crack down on using unapproved parts, reports Coingeek. The European Union Aviation Safety Agency (EASA) leads the charge with a new project to leverage blockchain to track aircraft parts and other components. […]

Digital assets recognised as legal property in China
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Digital assets are legal property in China, according to a report published by the People’s Court of China, putting China among a cohort of jurisdictions that have explicitly recognised that property rights apply to digital assets in the same way they do any other, reports Coingeek. “Virtual currency is not classified as an illegal item. […]

Ireland – Bridging the gap between Finance and Technology
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14 September @ 8:00 am – 11:30 am – Corrig Court, Corrig Rd, Sandyford, Dublin, Join Mark Kelly from AI Ireland and Lory Kehoe from Blockchain Ireland for this event aimed at finance directors and credit managers that want to be more aware of what is coming in the future of the industry. The event […]

What to know about the EU’s upcoming Digital Product Passport
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For many regions, it is now a race against the clock in an attempt to reverse environmental damages caused by various industries. Such efforts have become increasingly apparent within the European Union (EU), which has been drastically scraping together an array of legislations over the past year to tackle eco-issues in a bid to right […]

SEC issues first enforcement action targeting NFTs
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US regulators ordered a Los Angeles-based company that issued non-fungible tokens to compensate investors who bought the NFTs, arguing that the transactions were illegal unregistered securities offerings. It was the US Securities and Exchange Commission’s first NFT-related enforcement action, reports Coindesk. The SEC’s findings do not suggest regulators consider all NFTs to be securities, limiting […]

China launches blockchain-powered data exchange
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During the 2023 Hangzhou Summit in Hangzhou, China, government officials unveiled a new data exchange powered by blockchain technology, reports Cointelegraph. Over 300 enterprises, including Alibaba Cloud and Huawei, participated in the exchange’s debut. According to local news reports, the new Hangzhou Data Exchange will facilitate the trading of enterprise information technology data using distributed […]

Mastercard explores CBDCs, trust and the evolution of money
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Central banks have been exploring ways to issue their own digital currencies for years, writes Mastercard. Yet their efforts haven’t captured the public’s attention — for better or, more recently, for worse — like cryptocurrencies have. But central bank digital currencies, or CBDCs — essentially a digital version of fiat currency backed by a government […]

Blockchain Arbitration and Commerce Society report on Travel Rule for Crypto Assets in the EU
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A report on European Union Crypto Assets Travel Rule has been released by the Blockchain Arbitration & Commerce Society (BACS) to provide a clear and practical guide to address the main issues triggered by Regulation (EU) 2015/847 in the face of money laundering. The report from BACS, in collaboration with partners BITLAB, is available in […]

Real-world assets: Shaping the future of digital asset management with tokenisation
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Entering the “token era” remains a significant leap into uncharted territory for companies, but this doesn’t have to be the case. Brickken, an up-and-coming tokenising solution, now helps companies to create digital tokens backed by real-world assets –– with zero downtime and instant execution, reports Cointelegraph. Cryptocurrencies dominated the 2010s — and so far, artificial […]

MoonPay Services achieves VASP registration
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MoonPay Technology Services Limited has been successful in its registration as a Virtual Asset Service Provider (VASP) in Ireland, with the Central Bank providing approval in August. “Since its inception,” wrote CEO Ivan Soto-Wright, “MoonPay has been steadfast in our resolve to protect our customers from financial crime, fraud, and cyber threats, while ensuring a […]

Pernod Ricard Global Travel Retail pilots Jameson Travel Wallet in Dublin
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Pernod Ricard Global Travel Retail (PRGTR) has completed a three-month initial pilot period for the Jameson Travel Wallet in Dublin Airport, writes the Moodie Davitt Report. The wallet, launched in collaboration with Jameson Irish Whiskey, falls under the company’s ‘Arrive Like a Local’ global travel retail campaign. The Jameson Travel Wallet leveraged Web3 digital blockchain […]