Equity Fund CEO Recommends to Steer Clear of Crypto, Advises to Focus on ‘Basic Goods’

The CEO of investment firm Gateway Partners has said investors should avoid Bitcoin and concentrate on traditional investments. The CEO of investment house Gateway Partners, is shunning Bitcoin (BTC) and cryptocurrency in favor of more traditional investment strategies, Asia-focused business publication Nikkei Asian Review reported on Jan. 2. Gateway Partners is an advisory and private […]

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South African Government Establishes Crypto Assets Regulatory Working Group

The South African government has reportedly established a crypto assets regulatory working group. A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) government. English-language local news outlet BusinessLive reported on the development on Jan. 2. Tito Mboweni — the South African finance minister — declared: […]

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Saudi Arabia Completes IBM TradeLens Pilot for Cross-Border Blockchain Trade

Officials have confirmed the country’s FASAH trade platform was linked with TradeLens. Customs authorities in Saudi Arabia have concluded a pilot scheme linking its cross-border trade platform FASAH with IBM and Maersk’s TradeLens blockchain platform. A press release from Dec. 26 reported the pilot’s conclusion. TradeLens, which IBM and Maersk created in August last year, […]

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