Brazilian Government Creates Rede Brasil de Blockchain Network

The Brazilian government blockchain network is designed to help the country’s authorities increase the transparency of the movement of budget funds. The Rede Brasil de Blockchain (RBB) network project has been in development since 2018. At the Ethereum.Rio event, Gladstone Arantes, Head of Blockchain Initiatives at the Country Development Bank (BNDES), shared the technical details of the project. Arantes said that the developers have chosen a Hyperledger Besu 2.0 consensus protocol system as the base…

The President of Ukraine signed the law “On virtual assets”

The Ukrainian authorities have adopted a law that should regulate the circulation and use of cryptocurrencies. In February, the Verkhovna Rada of Ukraine approved the law “On Virtual Assets”, and on Wednesday, March 16, the Ministry of Digital Transformation of Ukraine announced that President Volodymyr Zelensky had signed it. The law is intended to create conditions for the legal use of cryptocurrencies on the territory of Ukraine. The National Securities and Stock Market Commission of…