Japanese General Trading Company Backs Blockchain Platform for Wind, Solar

Marubeni Corp., a major Japanese general trading company, is backing Lithuania-based blockchain energy project WePower. Marubeni Corp., a major Japanese sōgō shōsha, or general trading company, is now backing a blockchain-based power trading platform. Per a report by Reuters on July 23, Marubeni  has issued a loan to Lithuania-based blockchain project WePower. Per Reuters, the […]

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Philippines-Based UnionBank Completes Blockchain Remittances Pilot

The Philippines-based UnionBank has successfully completed a pilot of a blockchain-based cross-border remittance from the Philippines to Singapore. The Philippines-based UnionBank has successfully completed a pilot of a blockchain-based cross-border remittance from the Philippines to Singapore, according to a press release published on July 23. The pilot is the result of a partnership between UnionBank […]

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New York Regulators Designate New Division to License Crypto Businesses

The New York Department of Financial Services — the state’s finance watchdog — has formed a new division for licensing crypto-related businesses. The New York Department of Financial Services (NYDFS), the state’s financial regulator, has established a new department that will be responsible for licensing and regulating crypto-related businesses. In a statement on July 23, […]

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