Genesis Global Trading says it has seen an “incredibly strong reception” from institutional clients Institutional cryptocurrency over-the-counter (OTC) broker Genesis Global Trading revealed its loans spin-off processed over half a billion dollars in its first six months in a new report Thursday, Oct. 18. Genesis, which began its digital asset lending activities in March, revealed […]
Continue Reading
U.K.-based bank Natwest will integrate a new blockchain platform underpinned by R3 Corda technology for use in the syndicated loans market. U.K.-based bank Natwest will integrate a new blockchain platform based on R3 Corda technology for use in the syndicated loans market, financial news platform Mondovisione reports today, October 18. The new platform, dubbed “Fusion […]
Continue Reading
sponsored The company says manufacturers can enjoy faster distribution and access to markets, and consumers would enjoy low prices and access to a greater number of products. A new decentralized e-commerce platform aims to allow online shoppers and e-commerce stores to combine purchasing power and microdistribution to access bulk pricing and discounts. Buying.com says that […]
Continue Reading
U.S. Marshals to conduct their third BTC auction this year, selling 660 Bitcoins seized in various federal criminal, civil, and administrative proceedings. A federal law enforcement agency within the U.S. Department of Justice has recently announced a bid auction for approximately 660 confiscated Bitcoins (BTC), the U.S. Marshals Service (USMS) reports Thursday, Oct.18. The bid, […]
Continue Reading
TSMC expects growth of demand for the high-end servicing of premium smartphones, but forecasts “continued weakness” in crypto mining demand. Major global chip manufacturing firm Taiwan Semiconductor Manufacturing (TSMC) predicts revenue growth in Q4, but expects a counterbalance due to the low demand for crypto mining hardware, Reuters reports Thursday, Oct. 18. TSMC, the world’s […]
Continue Reading
Chile, whose banks have recently attempted to close crypto exchanges’ accounts, has a very low level of crypto awareness. The results of the first Financial Knowledge Index conducted in Chile reveal that only 39 percent of citizens have ever heard of cryptocurrencies, according to a paper published Tuesday, Oct. 16, by the Chilean Central Securities […]
Continue Reading
Blockchain technology can aid in defragmenting many countries’ procurement structures, a new report concludes. Experts with ties to the World Bank Group presented options for using blockchain in e-government procurement (e-GP) in a report released Wednesday, Oct. 17. The World Bank Group includes organizations commonly known together as the World Bank. e-GP, which refers to […]
Continue Reading
Japan is debating at government level a shake-up of complex tax reporting procedures for cryptocurrency investors. A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax Wednesday, Oct. 17, Japanese daily news outlet Sankei News reports. Highlighting the complex tax filing regime currently in place for Japanese citizens, officials from […]
Continue Reading
Almost two-thirds of those who took Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme. Almost two-thirds of those taking Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme, English-language daily Times of Malta reports Oct. 18. Since the Virtual Financial Assets Act […]
Continue Reading
sponsored Although it is possible to spend crypto in the real world, it isn’t always easy. A new platform wants to make using Bitcoin as simple as bank cards. Be honest: shopping with cryptocurrency isn’t always the easiest experience. Even if price volatility is on your side, spending funds can be nightmarish. Crypto is gaining […]
Continue Reading