China’s Alibaba Cloud Expands Enterprise Blockchain Offering to Global Markets

Alibaba Cloud is expanding its enterprise-level Blockchain-as-a-Service outside China. Alibaba Cloud, the cloud computing arm of China’s e-commerce giant Alibaba Group, is enhancing its Blockchain-as-a-Service (BaaS) offering outside China, the company announced in a press release on Oct. 24. Following the roll out of its BaaS platform in China, Alibaba Cloud will expand its enterprise-level […]

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Malta’s Financial Watchdog Warns Against ‘Dubious’ Crypto Trading Platform

Malta’s Financial Services Authority has warned of a “dubious” online crypto trading platform it says has falsely claimed to be licensed in the country. Malta’s Financial Services Authority (MFSA) has warned of a “dubious” online crypto trading platform it says has falsely claimed to be licensed in the country, English-language newspaper Malta Today reports Oct. […]

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UK Government Vetoes Royal Mint’s Launch of Digital Gold After CME Exit

The British government has vetoed the launch of a gold-backed cryptocurrency by the 1,100 year old institution Her Majesty’s Royal Mint. Her Majesty’s Royal Mint, the institution responsible for producing physical coins for circulation in Britain, has been unable to launch its gold-backed cryptocurrency after the government vetoed the project, Reuters reports Oct. 25. As […]

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Central Bank-Issued Digital Currencies: Why Governments May (or May Not) Need Them

Japan’s central bank doesn’t want a CBDC. What about others? On October 20, The Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya, repeated his negative stance towards central bank-issued digital currencies (CBDC), claiming that such digital currencies are unlikely to improve the existing monetary systems. The concept of CBDC, or national cryptocurrencies, has attracted many […]

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German Central Bank and Deutsche Boerse Successfully Complete Blockchain Settlement Trial

The Central Bank of Germany and securities marketplace organizer Deutsche Boerse have completed a successful blockchain settlement trial. The central bank of Germany, Deutsche Bundesbank, and securities marketplace organizer Deutsche Boerse (DB) have successfully completed the trial of a blockchain solution in the settlements area, DB’s report reveals Thursday, Oct. 25. According to the report, […]

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SEC Launches FinHub to Communicate With Industry, But What Does it Have to Say?

The SEC has launched its FinHub. What should we expect?   On October 18, the U.S. Securities and Exchange Commission (SEC) announced the launch of the agency’s Strategic Hub for Innovation and Financial Technology (FinHub). The new arm of the regulator will be focused on fintech-related fields, including, specifically, distributed ledger technology (DLT) and digital […]

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Unconfirmed: US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November

A party with “direct knowledge” from Bakkt reportedly told tech outlet The Block it could get the regulatory green light next week for its BTC futures. The Intercontinental Exchange’s (ICE) Bakkt cryptocurrency platform could get approval to launch its physically-delivered Bitcoin (BTC) futures product from U.S. regulators next week, an unconfirmed anonymous source told tech […]

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