Social media giant Facebook has hired two more lobbyists to aid the release of its forthcoming Libra stablecoin following regulatory pushback. Social media giant Facebook has hired two more lobbyists to aid the release of its forthcoming Libra stablecoin. As Bloomberg reported on Sept. 5, lobbying disclosures filed earlier this week revealed that William Hollier, […]
Continue Reading
Ripple rolls out crypto-based cross-border payments for PNC, one of biggest banks in the U.S. Stablecoins have a goal of putting an end to the recent volatility of the crypto market — and in doing so, they have opened the door to crypto usage for institutional investors, which has long been considered an important milestone […]
Continue Reading
Software giant Oracle has listed blockchain developer Hydrogen’s finance platform on its Oracle Cloud Marketplace. Fintech blockchain developer Hydrogen has announced that its platform is now available on software giant Oracle’s Cloud Marketplace. Hydrogen now available to millions On Sept. 4, the startup announced that the listing on Oracle Cloud Infrastructure will make its application […]
Continue Reading
The recent move by Swiss regulators to licence two crypto banks is sending a message to regulators worldwide, but what are the stances of global authorities? Banking is often seen as the antithesis of Bitcoin (BTC), the very industry the nascent protocol looks to defuse and disrupt. Ironically, many banks are desperately in need of […]
Continue Reading
American financial services corporation Mastercard has joined blockchain software firm R3’s Marco Polo network for trade finance. American financial services corporation Mastercard has joined blockchain software firm R3’s Corda-powered Marco Polo blockchain network for trade finance. In a press release published on Sept. 3, Mastercard revealed its participation in the Marco Polo Network project, a […]
Continue Reading
Cryptocurrency compliance company Elliptic raises $23 million in a funding round led by SBI Holdings, among other companies. Cryptocurrency compliance company Elliptic has raised $23 million in a Series B funding round led by Japanese financial powerhouse SBI Holdings. Elliptic continues to expand in Asia According to a press release shared with Cointelegraph on Sept. […]
Continue Reading
Co-founder of Morgan Creek Digital Assets Anthony Pompliano thinks Satoshi Nakomoto should be awarded the Nobel Peace Prize for inventing Bitcoin. American investor and co-founder of Morgan Creek Digital Assets Anthony Pompliano has argued that Satoshi Nakomoto should be awarded the Nobel Peace Prize for inventing Bitcoin. In a tweet posted on Sept. 3, Pompliano […]
Continue Reading
Australian Securities Exchange-listed firm Security Matters has filed a patent application in the United States for a blockchain-based cannabis supply chain system. Australian Securities Exchange-listed firm Security Matters has filed a patent application in the United States for a blockchain system to securely manage the cannabis supply chain. The proposed system could be applied to […]
Continue Reading
Mahindra Group subsidiary Tech Mahindra partnered with DLT startup Adjoint to launch a blockchain financial management and insurance solution. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, partnered with American distributed ledger technology (DLT) firm Adjoint to launch a blockchain financial management and insurance solution. Telecommunications industry news outlet CommsMEA reported on Sept. […]
Continue Reading
Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. As Reuters reported on Sept. 2, HSBC […]
Continue Reading