Feb 01, 2019 at 17:37
Italy: Senate Committee Takes a Step Forward on Blockchain Regulations
The Italian Republic has continued with its major plan to integrate blockchain technology into the economy of the country. This effort was revealed by the release of the country’s first blockchain technology regulation, according to TPI News – an Italian media.
Feb 01, 2019 at 16:15
Voids in the New Blockchain Technology & Smart Contract Regulations in Italy
The amendment to distributed ledger technology (DLT) simplifications on the technologies which are based on registers including blockchain, which were approved in the Senate, carry many potential problems, both substantive and formal. As a matter of fact, several use cases of blockchain technology are basically wrong.
Italy: Blockchain Opportunities, Market, Limitations & Broadcast – IDC Research
Research conducted by IDC last year shows that 75.5% of companies worldwide believe blockchain technology will facilitate their Digital Transformation initiatives for the next half a decade. In Europe, however, uptake is still very low, the percentage of firms which are conducting pilot projects in blockchain makes around 9% of the total number interviewed, according to a report by Tech Economy.
China Denotes New Regulations for Blockchain Firms, Comes into Force on Feb 15
China has launched new regulations designed to promote the ‘healthy development’ of distributed ledger technology (DLT). The CAC denoted new regulations on Thursday, January 10, 2018. Nevertheless, the new law also gives the right to the Cyberspace Administration of China (CAC) to superintend node operators and to request private information (info).
Global Crypto Community Demands Crypto Regulation in 2019
The cryptocurrency industry is growing at terrible speed across the world and this has forced investors, the public and executives to yearn for stronger and clearer regulations. In 2017 we saw the “Bitcoin (BTC) Bubble” with soaring prices and much care, focus, and attention directed towards digital currencies.