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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Crypto Criminals Send Scam Emails Impersonating British Financial Watchdog

Cyber criminals have been sending scam emails claiming to be from the United Kingdom Financial Conduct Authority and promoting crypto asset investments. Cyber criminals have been sending scam emails claiming to be from the United Kingdom Financial Conduct Authority (FCA) and promoting crypto assets investments, financial market-focused platform FT Adviser reported on July 22. The […]

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