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Facebook to Senators: Libra Crypto Will Respect Consumer Privacy

Facebook blockchain lead David Marcus told U.S. lawmakers that the social media giant plagued by privacy scandals won’t have access to personal financial information with its new cryptocurrency.

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Pakistan Introducing Regulations, Licensing Scheme for Crypto Firms

Pakistan is putting in place regulations for the cryptocurrency industry. The Express Tribune, citing finance ministrysources, Monday that the nations federal government has decided to bring in Electronic Money Institutions (EMIs) regulationsfollowing recommendations from the Financial Action Task Force (FATF).

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China’s Internet Censor to Start Regulating Blockchain Firms Next Month – CoinDesk

China’s internet censorship agency has approved a set of regulations for blockchain service providers in the country that will take effect in mid-February.

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Thai Government Agency Develops Blockchain Tech for Elections Voting

A Thailand government agency has developed a blockchain-based solution that’s set to digitalize elections voting in the country.

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7 Legal Questions That Will Define Blockchain in 2019 – CoinDesk

Jenny Leung is an Australian attorney (New York Bar admission pending) who will be starting as a blockchain attorney at Blakemore Fallon in 2019. Formerly, she was an attorney at the Australian Securities and Investments Commission (ASIC) and a privacy consultant at PwC. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.

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It’s Time for Local Governments to Break Blockchain’s Regulatory Gridlock – CoinDesk

The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. It has been translated to English from Korean. Although there are issues with blockchain that need to be solved, there is a growing consensus about the technology’s great potential.

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Amazon Plays Its Own Game With Enterprise Blockchain – CoinDesk

Amazon Web Services, the e-commerce giant’s cloud computing arm, is having its proverbial blockchain cake and eating it, too. In late November, AWS unveiled a new service during its re:Invest event that lets clients build their own cloud-based blockchains, using Hyperledger Fabric or ethereum as templates for such projects.

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US Government Is Interested in Tracking Privacy Coins

The U.S. Department of Homeland Security (DHS) wants to know if tracking transactions conducted using privacy coins is feasible. A new pre-solicitation document published by the DHS Small Business Innovation Research Program discusses the use of cryptocurrencies such as bitcoin for transactions.

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Signature Bank Wins New York Approval for ‘Real-Time’ Blockchain Payments

New York-based Signature Bank is launching a digital payments platform built on a blockchain architecture to streamline real-time payments. Announced Tuesday, the Signet platform will allow the bank’s customers to conduct payments at any time of the day, beginning Jan. 1, 2019.

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Major Banks Sign Up for New EU Commission Blockchain App Association

The European Commission, the EU’s executive body, is launching a new blockchain association next year and major banks are already on board.

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Venezuela to Present Petro at OPEC as the ‘Digital Currency for Oil’

Venezuela is hoping the world’s oil markets will start using its controversial national cryptocurrency, the petro.

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SEC Official Says ‘Plain English’ Guidance on ICOs Is Coming

The U.S. Securities and Exchange Commission (SEC) plans to clarify when and how cryptocurrencies may be classified as securities, its director of Corporation Finance said Monday. Speaking at the D.C.

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