Crypto Custodians Foresee Growth in Partnerships with Traditional Custodians

Onchain Custodian CEO predicts more collaboration between traditional and crypto custodians; fellow panelists agree. Alexandre Kech, CEO of Onchain Custodian, predicted that collaboration between crypto and traditional custodians will grow.  Kech’s remarks came during a panel called “Custody: The New Global Competitive Landscape,” part of Consensus 2019 on May 14. Kech observed that crypto custodians […]

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German State Announces Plan to Establish European Blockchain Institute

North Rhine-Westphalia has announced that it is founding the European Blockchain Institute in Dortmund later this year. The government of the German state North Rhine-Westphalia (NRW) announced plans to establish the European Blockchain Institute to research blockchain technology in a press release on May 13. According to NRW Economics Minister Andreas Pinkwart, the European Blockchain […]

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Facebook Onboards Two Former Coinbase Compliance Experts

Social networking giant Facebook has on-boarded two compliance officers who previously worked at U.S. major cryptocurrency exchange Coinbase. Social networking giant Facebook has on-boarded two new compliance experts, who previously worked at United States major cryptocurrency exchange Coinbase. Mikheil Moucharrafie joined Facebook as compliance officer after almost four years of working at Coinbase. At the […]

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Some Major Coins Still Making Gains, Others Trade Sideways as Oil Reports Mixed Signals

Bitcoin continues to trade near $8,000, with other top 20 cryptocurrencies reporting mixed signals. Tuesday, May 14 —  Yesterday’s rally in cryptocurrency markets has slowed, with the top 20 coins by market capitalization reporting mixed signals, according to Coin360. Market visualization from Coin360 After breaking the $8,000 threshold yesterday, the leading cryptocurrency bitcoin (BTC) has […]

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Three French Banks Join R3 Corda Blockchain-Based Loans Platform

BNP Paribas, Natixis, and Societe Generale have joined Finastra’s syndicated lending platform Fusion LenderComm. British financial software firm Finastra has signed three global banks on its R3 Corda blockchain-based syndicated loans platform, the firm officially announced on May 14. France-based banking institutions BNP Paribas, Natixis, and Societe Generale have officially joined Finastra’s syndicated lending platform […]

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