Category: Netherlands

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Logistics system provider will connect Dutch ports via blockchain

Logistical management continues to be one of Blockchain’s golden use cases. Dutch logistics solutions provider, Portbase, has successfully completed the first phase of their integration with blockchain-based platform, TradeLens. Together, they will handle operations and core processes for ports in Amsterdam and Rotterdam. According to the announcement, both Portbase and TradeLens expect to create a…
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Public interest in central bank digital currencies surpasses Bitcoin in 2020

The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts. A new report from the Bank for International Settlements (BIS) shows that 2020 is the year that momentum behind central bank digital currencies (CBDCs) has truly taken off. Published on Aug. 24, BIS’ new working paper analyzes the global state of CBDC…
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Bank of England Joins Key Roundtable on Central Bank Digital Currency Design

The Bank of England is keeping central bank digital currency research high on its 2020 agenda. The Bank of England will take part in a key meeting tomorrow to discuss central bank digital currencies (CBDCs) and their possible infrastructural designs.  Hosted by global central banking think tank, the Official Monetary and Financial Institutions Forum (OMFIF),…
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Shipping Giants Piloting Blockchain to Improve Efficiency

The Port of Rotterdam, along with global shipping giants, launches blockchain pilot to improve container handling’s safety and efficiency.   The Port of Rotterdam in the Netherlands has launched a blockchain-based pilot with some of the world’s leading shipping companies to improve the safety and efficiency of millions of containers that are unloaded in the…
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Hacker Group Amassed $7M in Crypto by Selling Stolen Credit Cards

Hackers profited over $7 million by selling the data via dark web. A hacker gang known as “Keeper” established an interconnected network to steal credit card data from over 570 e-commerce sites. Since 2017, they have profited around $7 million in crypto by selling card information through the dark web. According to a July 7…
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Blockchain Battery Grids Are Powering Up at Lightning Speed

Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union. Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union. Ecologic technology news outlet, Green Tech Media, reported on May 29 that three major European…
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Time Is up for Crypto Firms to Register in the Netherlands Under New AML Rules

Today is the deadline for Dutch crypto companies to register with the Dutch Bank per new AML rules. The deadline is here: On May 18, unregistered Dutch crypto firms could face penalties if they do not fall into line with the Netherlands’ new anti-money laundering (AML) laws, passed by the Dutch Upper House on April…
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Dutch Central Bank Gives Crypto Firms Ultimatum to Register

De Nederlandsche Bank has issued an ultimatum to all domestic cryptocurrency service providers offering fiat support to register with the institution by May 18. The Netherlands’ central bank, De Nederlandsche Bank (DNB), has issued an ultimatum to all fiat-supporting cryptocurrency service providers to register with the institution by May 18. In a news release published…
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Europe’s Crypto Believers on the Rise Amid COVID-19 Crisis, bitFlyer Says

Survey says the amount of Europeans who believe crypto will still exist in 10 years has edged up from 63% in 2019 to 66% in 2020. Europeans are getting more confident about the future of the cryptocurrency industry amid the coronavirus pandemic, according to a new report. People in Europe are becoming more optimistic about…
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One-Man Crypto Company Crushed by Netherlands’ AMLD5 Implementation

A one-man crypto savings platform has announced it will cease operating amid Holland’s implementation of Europe’s AMLD5 anti-money laws. Dutch Bitcoin (BTC) savings platform, Bittr, has decided to cease operations ahead of Holland’s introduction of the EU’s AMLD5 anti-money laundering, or AML, regulations. Bittr’s closure follows criticism of the Netherlands’ implementation of AMLD5 — reportedly…
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