Euro

The International Air Transport Association (IATA) plans to test a new Blockchain-based cryptocurrency to pay compensation for flight delays.

The Italian prime minister, Matteo Renzi, has taken the all-time risk of pledging to resign after a negative result of a referendum on a constitutional reform which could make it easier for the government to pass laws without unnecessary delays.

120 minutes, a Latvian-Canadian technology company, has developed a new a bot, called Callcoin, for the instant messaging service Telegram. Using Callcoin, people can now make cheaper international calls and pay for them using Bitcoin.

The Committee on Economic and Monetary Affairs of the European Parliament has recently published a Budget Amendments that proposes the spending 1,000,000 Euros to study and regulate distributed ledger technologies, i.e. Blockchain and Bitcoin technologies.

Tether announced the launch of a new crypto euro-coin EURT, issued on the Omni Layer protocol. The new decentralized coin allows the transfer of digital assets priced in USD into Euros cheaper over the Bitcoin Blockchain.