Blockchain

This story was delivered to Business Insider Intelligence Banking subscribers earlier this morning.To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here.The five-year agreement will see Lloyds Banking Group work with Google Cloud to spur digital evolution and cloud transformation…

The Celo Foundation is announcing the Alliance for Prosperity, a cryptocurrency network that provides a digital currency for people who can benefit from financial access and inclusion. The foundation has support from 50 global organizations, including the Grameen Foundation (which operates banks for people with limited funds), Mercy Corps, and…

Some Libra Association members like Andreessen Horowitz and Coinbase Ventures are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-profit The Celo Foundation’s ‘Alliance For Prosperity’ offers a way for developers to build decentralized mobile apps that are based on Celo’s blockchain platform and USD…

The South Korean National Assembly passed new legislation today that will provide a framework for the regulation and legalization of cryptocurrencies and crypto exchanges. In a unanimous vote during a special session of the legislature convened amidst the country’s worsening novel coronavirus situation, the representatives passed an amendment to the…

After going “back to the future” with a $600 million fund last year, VC firm Kleiner Perkins is aiming for some “returns of the Jedi” with its freshest (and refocused) fund. With Star Wars references on the forefront in its announcement, the firm today announced that it has closed its…

India’s Supreme Court on Wednesday overturned central bank’s two-year-old ban on cryptocurrency trading in the country in what many said was a “historic” verdict. The Reserve Bank of India had imposed a ban on cryptocurrency trading in April 2018 that barred banks and other financial institutions from facilitating “any service in…

Photo: Chip Somodevilla (Getty Images)Facebook’s Libra cryptocurrency project has been heading full steam at a global financial regulatory system-sized iceberg for a while now. But it might be trying to change course after finally realizing that the iceberg will win.Per a Tuesday report in the Information, sources say the Facebook-backed…

It’s that time of the year: TNW and Adyen are partnering up for the seventh edition of the Tech5 scaleup competition. Each year, hundreds of the world’s fastest-growing startups and scaleups apply to join a network of companies, investors, and experts from across Europe. The winners are selected based on…

Mar 3, 2020 at 10:00 UTCUpdated Mar 3, 2020 at 17:47 UTCCredit: Shutterstock/Dilok KlaisatapornJames Cooper is a professor of law at California Western School of Law in San Diego. A former contractor for the U.S. and adviser to governments and indigenous peoples concerning disruptive technologies for the legal sector, he…

Mar 2, 2020 at 05:00 UTCUpdated Mar 2, 2020 at 17:57 UTCThe Connecticut State Capitol, in HartfordThe States Can’t BlockchainPreston Byrne, a columnist for CoinDesk's new opinion section, is a partner in Anderson Kill's Technology, Media and Distributed Systems Group. He advises software, internet and fintech companies. His biweekly column,…