Museum of The Future Launches Global Blockchain Coincil in Dubai

The Museum of the Future, an innovation center in the United Arab Emirates, has announced it creates the Global Blockchain Council, incorporating 32 members, including three blockchain startups, BitOasis, Kraken, and YellowPay. Other members of the council are government entities and international technological corporations, like Cisco, IBM, SAP, and Microsoft..

MtGox Trustee States Creditor Repayment Has Made Significant Progress

Kraken, a cryptocurrency exchange assisting the trustee for MtGox collapse investigation, has released a statement on his behalf, noting that reviewing of claims from the defunct exchange’s customers has made a significant progress. MtGox halted operations in February 2014, when then-CEO Mark Karpeles stated the exchange had suffered from a.

Mizuho Intends to Use Blockchain in its Internal Recordkeeping

Mizuho Financial, one of Japan’s three largest banks, has announced it intends to integrate a blockchain-based solution for internal recordkeeping purposes. “We are pleased to be among the early adopters of blockchain technology in Japan to make our processes and workflows faster and more efficient,” stated Toshitsugu Okabe, deputy president.

People’s Bank of China Concedes Using Blockchain in its Own Digital Currency

The head of the People’s Bank of China conceded the central bank may use blockchain technology for its future digital currency presently under development. Speaking to Caixin Weekly, Zhou Xiaochuan stated that the PBOC may utilize blockchain technology alongside with cloud computation, secure chips, and mobile networks in its electronic.

The European Union May Prohibit Cryptocurrency Transactions from Some Countries

According to the vice commissioner of the European Council Valdis Dombrovskis, the regulations may incorporate prohibition of transactions from so-called “high-risk countries”. Speaking at a press conference in Brussels on Saturday, February 13, Dombrovskis stated: “By June at the latest we will propose measures to […] have better control of.