The Food and Drug Administration of the Chinese Chongqing Yuzhong District is set to employ blockchain technology. The Food and Drug Administration of the Chinese Chongqing Yuzhong District is going to apply blockchain technology to its operations, the official newspaper of the Chinese Communist Party, The People’s Daily, reports on Jan. 31. Blockchain will purportedly […]
Continue Reading
PayPal co-founder Luke Nosek admits the company would have created something like cryptocurrencies if the market had permitted. PayPal’s co-founder Luke Nosek has said that his firm initially wanted to create a digital currency that would be independent from banks and governments, similar to crypto. The video of his comments was uploaded to crypto streaming […]
Continue Reading
The Japanese trading giant will implement blockchain tech for tracing the distribution of raw materials in a PoC. One of largest Japanese trading companies has officially announced the start of a proof-of-concept (PoC) aimed to develop a blockchain traceability system, according to a press release published on Feb. 1. Itochu Corporation, a general trading company […]
Continue Reading
The shipment from China to Singapore was chosen in the run-up to lunar new year, IBM says. IBM is continuing its foray into blockchain trade management, completing a new trial which shipped 108,000 mandarin oranges to Singapore, a press release confirmed on Jan. 31. IBM, which is focusing on speeding up efficiency in multiple trade […]
Continue Reading
Fidelity’s cryptocurrency trading and custody platform has purportedly entered the “final testing” stages. American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31. Per the announcement, the firm is currently providing services to a small, […]
Continue Reading
Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection in the Nova Scotia Supreme Court. Following months of financial and legal troubles, major Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection, according to an official announcement on Jan. 31. Per a statement on the exchange’s website, the firm filed an application for creditor protection […]
Continue Reading
2019 will be a quiet year for cryptocurrencies according to the CEO of ICO listing platform CoinList. Cryptocurrency markets in 2019 are “going to be quiet for a little bit” while firms focus on building the crypto space, the CEO of CoinList Andy Bromberg told Yahoo Finance on Jan. 31. Following record highs at the […]
Continue Reading
SBI Holdings has published its nine-month financial report, recognizing Ripple’s potential in cross-border payments. Japanese finance giant SBI Holdings has released its nine-month financial report today, Jan. 31. In the report for the period ending on Dec. 31, 2018, SBI notes Ripple’s potential for cross-border payments. SBI outlines the implementation of technologies by Ripple (XRP) […]
Continue Reading
The New York State Department of Financial Services has granted a BitLicense to a Bitcoin ATM operator, Cottonwood Vending LLC. The New York State Department of Financial Services (NYDFS) has granted a virtual currency license, or BitLicense, to Cottonwood Vending LLC, according to an official tweet on Jan. 31. Cottonwood Vending is a Bitcoin (BTC) […]
Continue Reading
CBOE has re-submitted an application with the United States Securities and Exchange Commission for a rule change to list a Bitcoin ETF. The Chicago Board Options Exchange’s (CBOE), along with investment firm VanEck and financial services company SolidX, has re-applied with the United States Securities and Exchange Commission (SEC) for a rule change to list […]
Continue Reading