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Stefanos Papanastasiou, Founder of OzMattress and Cryptocurrency Fund Manage Fraud Case In a Court Involving 14.2 Million USD

The founder of OzMattress, Stefanos Papanastasiou who is also a cryptocurrency fund manager is about to be brought to court by his clients who claim that they have lost 20 million Australian dollars which amounts to 14.2 million United States dollars. The report mentions that Stefanos Papanastasiou told his clients …

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IBM Signs 6 Banks to Issue Stablecoins and Use Stellar’s XLM Cryptocurrency

On 18th March the Financial news channel Cheddar reported by IBM and Stellar during a keynote at Money 2020 Asia in Singapore the Six international banks have reportedly signed letters of intent to issue their own stablecoins backed by their national fiat currencies on IBM’s now-live blockchain-powered payments network, “World-Wire.”  IBM’s cross-border payment network, Blockchain …

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TNW Reported: Since 2017 Craig Wright Filed 114 Blockchain-Related Patents

On 18th March the Tech News site published its research regarding Craig Wright’s patent filing a Wright is an Australian computer user who has generally claimed to be Bitcoin (BTC) creator Satoshi Nakamoto, has reportedly applied for a slew of blockchain-related patents since 2017. TNW reports that, since August 2017, the World Intellectual Property Organization …

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Financial Authorities in United Arab Emirates Host Crypto and Fintech Forum

The United Arab Emirates Banks Federation (UBF) and therefore the Abu Dhabi Global Market (ADGM) hosted a joint forum on crypto assets and fintech, the UAE’s official news outlet Emirates News Agency reported on 17th March. Per the report, the event was controlled in ADGM together with the UBF Compliance Committee and aimed to compile business specialists to discuss the challenges …

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Crypto and Blockchain Industry Reps Protest Nevada Bill

Representatives from the blockchain and cryptocurrency industries voiced their considerations a few bills within the Nevada State Senate in a hearing Judiciary Committee hearing on Tuesday, March 12. The bill, SB 195, would introduce many uniform standards to the virtual currency trade and would need crypto-related business like exchanges to register with the state’s Department of Business and trade. The Uniform …

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