SBI Group Invests $15 Million in ‘Smart Card’ Wallet Manufacturer

Tangem, a manufacturer of ‘smart card’ crypto wallets, has received $15 million in investment from SBI Group. ‘Smart card’ crypto wallet manufacturer Tangem has received a $15 million investment from major Japanese financial services firm SBI Group, Cointelegraph auf Deutsch reports on April 24. The new investment will purportedly allow Tangem to relocate its headquarters […]

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Brazilian Police Arrest Suspect for Money Laundering With Bitcoin

Brazilian police have arrested a man for operating a clandestine drug laboratory and money laundering using the leading cryptocurrency bitcoin. Brazilian police have arrested a man for operating a clandestine drug laboratory and using the leading cryptocurrency bitcoin (BTC) to launder the proceeds, Cointelegraph Brasil reported on April 24. The State Department of Drug Trafficking […]

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R/GA Ventures Partners With Local Blockchain Firms to Create Blockchain Venture

R/GA Ventures, the investment arm of international marketing company R/GA, is opening a blockchain investment studio in Oregon. R/GA Ventures, the investment arm of international marketing company R/GA, is opening a blockchain investment studio in Oregon, the company announced in a press release published on April 24. The studio, dubbed Oregon Enterprise Blockchain Venture Studio […]

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Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

Thailand’s largest commercial bank SCB and state oil company PTTEP have successfully tested blockchain use. Thailand’s largest commercial bank, Siam Commercial Bank (SCB), and state oil company PTT Exploration and Production Public Company Limited (PTTEP) performed a successful test of blockchain use for cross-border business-to-business payments. The bank recently announced the successful pilot on its […]

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China’s Forex Regulator Develops Blockchain Trade Finance Solution Pilot

China’s forex regulator is set to pilot a cross-border trade finance blockchain platform in three major trading provinces. China’s foreign exchange reserve regulator, the State Administration of Foreign Exchange (SAFE), is set to pilot a cross-border trade finance blockchain platform. The news was reported by local financial news agency CNStock on April 24. According to […]

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