New Blockchain-Based E-Money Firm Approved by Iceland’s ...

The company’s co-founder and CEO Sveinn Valfells noted that Europe has a robust electronic money regulatory framework, though it is used primarily for prepaid debit cards. Europe will see the first compliant e-money transfers on blockchain as Icelandic firm Monerium has been approved by the Financial Supervisory Authority of Iceland (FME) as the fir IKEA has completed the supply chain transaction which used e-money using smart contracts on the Ethereum blockchain and via the Tradeshift platform. Commenting on the paernership, Sveinn Valfells, co-founder and CEO of Monerium, said: “Algorand incorporates key features for many mainstream use-cases, including stateless smart contracts and scaleable proof-of-stake consensus. The Algorand leadership has taken a pragmatic and deliberate approach in designing a blockchain for mainstream applications while staying close to the ethos of the ... Bitcoin smashed past $15,500 levels hitting its new 2020-high and eyeing its all-time high above $20,000. The overall crypto market has added $50 billion in the last week, The fiscal and monetary ... Sveinn Valfells first transacted Bitcoins in mid-2011 He has since given numerous interviews and talks about Bitcoin and blockchains including on the BBC Radio and TV at Coin- Summit London Scaling Bitcoin Montreal and DLD London Tel Aviv Outside blockchains Sveinn has advised worked for co-founded and invested in companies in biotech bioinformatics financial services telecoms mobile software ... One of the most common ways people make money is through online trading. You give X of money to receive Y of something to grow into more money. These avenues can be stocks, forex, and even…

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