The Cabinet of Malta has approved three bills related to cryptocurrency and blockchain technology. The Virtual Financial Assets Bill provides a regulatory framework for cryptocurrencies and initial coin offerings.
The government of Singapore has announced that it is launching a Blockchain challenge that is aimed at improving Blockchain innovation. The government said it will reward every successful project with funding.
The annual report released by the Financial Stability Oversight Council (FSOC) of United States Treasury Department believes challenges could rise due to DLT.
Dnata, an air and travel services provider has conducted a successful trial for blockchain-based solution for Dubai’s air cargo industry, which was developed in collaboration with IBM.