Could crypto assets and blockchain technology be the next focus for pension funds and traditional financial institutions? Positive moves are being made for investor sentiment in the cryptocurrency space despite a year-long bear market. This comes after $40 million was raised by cryptocurrency investment firm Morgan Creek Digital, which is headed up by its founder, […]
Continue Reading
The Chamber of Digital Commerce urges the CFTC and CFPB to permit the introduction of blockchain-based products. United States blockchain advocacy group the Chamber of Digital Commerce has encouraged two major financial regulators to foster blockchain innovation, according to an official tweet on Feb. 19. The group has reportedly provided comments to the Commodity Futures […]
Continue Reading
Two blockchain-related bills have been passed in the U.S. state of Wyoming. Two blockchain-related bills — on tokenization and issues with compliance — have been passed in the United States state of Wyoming on Feb. 19, according to the official website of the state legislature. As Cointelegraph reported, the bill on tokenization, House Bill 185, […]
Continue Reading
Stablecoins will play a major role in crypto adoption, especially in developing countries, a new study from crypto entrepreneurs shows. Stablecoins will play a key role in mainstream adoption of crypto technologies, according to a report published by California-based stablecoin startup Reserve on Wednesday, Feb. 20. The report, entitled “The State of Stablecoins 2019: Hype […]
Continue Reading
The major Japanese investment bank has published the results of a pilot project, aimed at implementing blockchain tech for securities post-trade processing. Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with Cointelegraph on Feb. 19. The PoC implemented blockchain in the […]
Continue Reading
Binance has launched the testnet of its new decentralized exchange, Binance DEX, which is based on the Binance Chain and supports hardware wallets. Major cryptocurrency exchange Binance has launched the testnet of its new decentralized exchange, Binance DEX, according to a press release shared with Cointelegraph on Feb. 20. Per Binance, the exchange, powered by […]
Continue Reading
Major Japanese trading company is looking to leverage blockchain technology through a deal with LO3 Energy. Japanese general trading company Marubeni Corporation has partnered with a New York-based blockchain startup to use the technology for its energy business, Marubeni confirmed in a press release on Feb. 20. Marubeni, which has expanded beyond Japan into the […]
Continue Reading
A new survey reveals that organizations are not ready to implement blockchain tech, although a half of respondents are considering blockchain adoption. A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published […]
Continue Reading
Blockchain security firm and wallet service BitGo revealed plans to offer crypto insurance through Lloyd’s of London. Blockchain security firm and crypto wallet service BitGo has revealed plans to offer crypto insurance through Lloyd’s of London, according to a press release on Feb. 19. BitGo Business Wallet clients will be able to acquire insurance for […]
Continue Reading
Cyprus’ securities regulator is calling for the transposition of an extended version of the European Union’s Fifth Anti-Money Laundering Directive into national law. The Cyprus Securities and Exchange Commission (CySEC) is calling for the transposition of the European Union (EU)’s Fifth Anti-Money Laundering (AML) Directive (AMLD5) into national law — bringing local regulation of cryptocurrencies […]
Continue Reading