International investment bank Bank of America follows in the footsteps of Mastercard to join the Marco Polo blockchain network. Bank of America has joined R3’s Corda-powered Marco Polo Network “to tackle trade finance challenges.” “Tackle trade finance challenges” On Sept. 19, Marco Polo announced the multinational investment bank was joining its network to improve international trade […]
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U.S.-based cryptocurrency exchange Coinbase has indicated it is considering the launch of a proprietary exchange token and a potential IEO platform. United States-based cryptocurrency exchange Coinbase has indicated it is considering the launch of an initial exchange offering (IEO) platform. The news was revealed by Coinbase’s head of institutional sales in Asia, Kayvon Pirestani during […]
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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 […]
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Africa’s largest bank by assets, Standard Bank, has joined blockchain-based trade finance consortium, the Marco Polo Network. Standard Bank, Africa’s largest bank by total assets, has joined blockchain-based trade finance network, the Marco Polo Network. Standard Bank will now develop trade finance solutions alongside major global financial institutions such as French BNP Paribas and Dutch […]
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Naughty North Korea has stolen billions in crypto, India could be missing out on billions in crypto, and Litecoin’s halving disappoints. U.S. Federal Reserve launching payment system, crypto bulls nonplussed The United States Federal Reserve left some crypto enthusiasts unimpressed this week when it unveiled plans to release a real-time payments and settlements service. Known […]
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Overstock subsidiary tZERO is scheduled to open trading options on its security tokens up to the public in four days. Retail giant Overstock’s blockchain subsidiary company, tZERO, plans to allow the public to trade its security tokens in four days. Saum Noursalehi, CEO of tZERO, shared the announcement with CoinDesk, per a report published on […]
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Coinbase Custody Trust Company has appointed Richard Neiman and Robert Easton to its Board of Directors, who previously held various leadership positions in the New York State financial regulatory system. Coinbase Custody Trust Company has appointed two new members, previously of the New York State Banking Department and the New York Department of Financial Services, […]
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Security tokens platform TokenSoft has officially launched Know Your Business support in order to comply with new regulations recently introduced by FinCEN. Security tokens platform TokenSoft has officially added Know Your Business (KYB) services following a successful alpha test in 2018. The San Francisco-based token issuance platform said in a press release on July 31 […]
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Overstock announced a dividend payable in shares of its Digital Voting Series A-1 Preferred Stock at a ratio of one to ten. United States retail giant Overstock announced a dividend payable in shares of its Digital Voting Series A-1 Preferred Stock. A-1 shares can be traded on PRO Securities ATS The Overstock’s digital dividend will […]
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The tokenization firm tZERO has announced three new executive appointments, including a former Barclays member who will head tokenization dealings. The blockchain-based subsidiary of retail giant Overstock, tZERO, has appointed three new managers. The company announced the new hires in a press release on July 17. According to the announcement, new appointees Brooke Navarro, Michael […]
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