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We’ve got a problem on our hands: private companies are creating digital equivalents of national currencies. Here’s why central banks must get a handle on this burgeoning issuance mechanism.

Nano Global has announced it will develop a system-on-chip using blockchain technology to analyze molecular data and help identify treatments for superbugs, among other things.
Global shipping conglomerate ZIM has piloted a blockchain-based paperless bill of lading, joining the ranks of shipping logistics companies like Maersk and UPS that are seeking to simplify their systems.
Comments were made by representatives of the central bank as well as the Securities and Exchange Commission on Tuesday, regarding the regulation of exchanges offering fiat-to-cryptocurrency conversion.
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Sberbank CEO Herman Gref has expressed his belief that cryptocurrencies are “a fact” of life, and that no amount of regulation can turn back the clock on this emerging phenomenon.

Despite the exuberance surrounding cryptocurrency, it will be difficult to achieve dramatic change in the financial sector. On Wednesday, a senior official for the Bank of Japan tempered expectations for digital currency.
To make cryptocurrencies more subject to oversight, frameworks for the regulation of blockchain-based currencies will be established in Malaysia.
The European Parliament has issued a report on odometer tampering which suggests that blockchain technology could be an effective means of combating the practice.
The European Parliament has issued a report on odometer tampering which suggests that blockchain technology could be an effective means of combating the practice.
Moroccan authorities are among the latest to provide details on how they will regulate the exchange of cryptocurrencies.
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