George Osborne joins Coinbase in advisory role

Former UK chancellor of the exchequer George Osborne has joined US crypto provider Coinbase as part of the firm’s global advisory council.

The advisory council is aimed at informing Coinbase’s global strategy. Recent licenses have been secured in France, Singapore, Spain, and Bermuda, as well as expanding access to Coinbase products across 20 African countries.

Closer to home however, Coinbase is facing scrutiny from US regulators. The Securities and Exchange...

Researchers propose a Web 3.0 streaming architecture and marketplace

Web3

Web 3.0 is a blockchain technology-based internet paradigm that is transparent and decentralised. But, Web 3.0 streaming services require modifications to the existing service structure due to certain technical issues.

Now, researchers from Incheon National University have proposed 'Retriever', an Inter-Planetary File System (IPFS) based Web 3.0 technology and non-fungible token marketplace. The proposed marketplace reduces service delay and improves user experience by deploying...

Nebraska and Missouri introduce Blockchain Basics Act – with more states set to follow suit

The legislatures of Nebraska and Missouri have introduced prospective bills which relate to the protection of digital assets rights – and a further 11 states are expected to bring in similar regulations in the coming year.

The Blockchain Basics Act is part of the work of the Satoshi Action Fund, a non-profit organisation whose mission is to ‘educate policymakers and regulators on the benefits of Bitcoin mining.’ The policy provides ‘protection for Bitcoin and digital...

Blockchain Expo: Modernising banking with blockchain and DLTs

Sabih Behzad, Head of Digital Assets and Currencies Transformation at Deutsche Bank, shared his views on blockchain and DLT innovation during a session at this year’s Blockchain Expo Global.

Behzad shed light on the complexities that traditional banks face, particularly in terms of moving money globally. He highlighted the limitations of current infrastructure, operating on a non-stop, 24/7 basis due to overlapping business hours across different regions.

Additionally,...

Solana Foundation joins Dubai’s Crypto Centre

The Solana Foundation has joined the DMCC (Dubai Multi Commodities Centre) – a world-leading free zone and Dubai’s authority on commodities trade and enterprise – as an ecosystem partner at its Crypto Centre.

This strategic partnership is set to enhance DMCC’s existing offerings and collaborations by empowering its members to develop innovative concepts and scale their businesses using Solana, one of the industry's top blockchain platforms.

The collaboration...

Blockchain Expo Europe: Unearthing the catalysts for institutional crypto adoption

In a fireside chat at Blockchain Expo Europe, James Morek, Co-Head of Institutional Sales EMEA & APAC at Coinbase, and Nick Philpott, CEO of Zodia Markets, shared their insights on what is needed for institutional crypto adoption.

The conversation delved into critical topics such as regulatory collaboration, the role of decentralised technology, and the impact of blockchain and stablecoins on financial transactions.

Regulatory collaboration and frameworks

The...

Renee Francis, Take3: The transformative potential of Web3

The Block caught up with Renee Francis, Founder and Director of Take3, to discuss the transformative potential of Web3.

With a background in marketing and extensive experience with platforms such as Facebook, LinkedIn, and Google, Francis offers a unique perspective on the issues that Web3 aims to address.

In this interview, she shares insights into the benefits of Web3, the challenges it faces, and her excitement for various projects in the space.

Data...

US Congressman: Blockchain is ‘the authenticator’ in the AI era

In an address at the Permissionless II conference, US Congressman Tom Emmer urged the blockchain industry to shift its focus towards innovation—asserting that the technology is key to authenticating content in the AI era.

Emmer's remarks come in the wake of recent legal victories for Ripple and Grayscale, with the prospect of an upcoming Supreme Court ruling that could reshape the regulatory landscape.

During a panel discussion, Congressman Emmer began by acknowledging...

Blockchain could play major role in UK’s digitisation of trade documents

British businesses will be able to trade easier, faster and cheaper around the world thanks to new plans to remove needless paperwork and bureaucracy.

The Electronic Trade Documents Bill, expected to be introduced in Parliament today, will boost the UK’s international trade, already worth more than £1.4 trillion, and will reduce the estimated 28.5 billion paper trade documents printed and flown around the world daily.

Business-to-business documents such as bills of...

House of Lords approve UK crypto bill

UK parliamentarians have taken a significant step towards recognising cryptocurrencies as a regulated activity with the approval of the Financial Services and Markets Bill (FSMB) by the House of Lords.

The move brings the bill closer to becoming law, marking an important development in the country's approach to digital assets.

Anto Paroian, CEO at ARK36, said:

"At ARK36, we feel the news that the UK parliament has just voted through a new bill which could...