By CCN Markets: Facebook’s cryptocurrency Libra seems to have unsettled governments everywhere. The governor of Banque de France, Francois Villeroy de Galhau, is the latest to announce reactionary measures designed to contain the digital currency. Task Force to Develop Crypto Regulations According to Reuters, Villeroy de Galhau has revealed that France is forming a task force drawn from G7 member countries. The responsibility of the task force will be to ensure cryptocurrencies such as Libra are properly regulated: “We want to combine being open to innovation with firmness on regulation. This is in everyone’s interest.” The task force will be
For well over two months, the yellow vest movement in France has continued to keep itself illuminated with fervent protests against taxes, the banking system, and the region’s bureaucrats. On Feb. 1, a group of Gilets Jaunes working at the bill printing factory explained their plan to show the world they mean business by burning pallets of bills, starting with Israeli banknotes.
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Leading companies in the gaming and blockchain space have come together to form the Blockchain Game Alliance, a coalition that will advocate for blockchain development within the gaming industry. The Blockchain Game Alliance will create an open forum for stakeholders to “share knowledge and collaborate on research which fosters new ways to create and play games.”
The Alliance was announced at the inaugural Blockchain Game Summit which was held from September 25-26, 2018, in Lyon, France. The Blockchain Game Alliance is made up of influential companies such as Alto, Gimli, Fig, Ubisoft, Ultra, B2Expand, ConsenSys, EverdreamSoft and Enjin.
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Four cryptocurrency exchanges, including Gemini – the one founded by the Winklevoss brothers, is purportedly setting up a working group to bring new industry standards.
Virtual Commodity Association Working Group (VCAWG)
The Winklevoss twins’ cryptocurrency exchange Gemini is teaming up with three other exchanges to form a new self-regulatory organization (SRO) dubbed the Virtual Commodity Association Working Group. The exchanges in the newly formed organization, besides Gemini, are Bittrex, bitFlyer USA, and Bitstamp.
Bittrex is an initial participant in the Virtual Commodity Association (VCA)’s Working Group. The Working Group will work towards the goal of establishing an industry-sponsored, self-regulatory organization (SRO) to oversee virtual commodity marketplaces. https://t.co/po08ZhlacZ
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BMW, Ford, GM and Renault have joined with tech providers to form the biggest-ever consortium focused on blockchain for the automotive industry.
Self-sovereign identity application Blockpass and universal cryptocurrency wallet Infinito Wallet announced today their strategic partnership. The two companies’ mutual agreement includes plans to release Blockpass’ PASS token via the Infinito Wallet platform and defines a shared vision of a decentralized regtech ecosystem.
PASS, which is to be distributed through token sale channel partners starting at the end of May 2018, will be the first ‘regtech’ token issued on the Infinito Wallet. PASS tokens will function as discount vouchers for Blockpass services, being burned upon redemption.
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