Commodities Firms Complete Blockchain Pilot for Black Sea Wheat

Two international agricultural commodities firms have completed a blockchain pilot for Black Sea wheat from the Russian port of Novorossiysk. Swiss-based Transoil International and Solaris Commodities have conducted a blockchain pilot transaction of Black Sea wheat, S&P Global reports Nov. 12. Both companies are involved in the trading of international agricultural commodities like milling wheat, […]

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Major Oil Firms, Banks Partner to Launch Blockchain Platform for Energy Commodity Trading

A blockchain-driven platform for energy commodity trading, joined by BP, Shell, and Equinor along with large banks, will become fully operational by 2019. Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform Vakt for energy commodity trading. The partnership was reported by independent news […]

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German Financial Regulator BaFin Shuts Down Activity of British Crypto-Related Firm

Germany’s federal financial regulator BaFin has ordered the cessation of cross-border proprietary trading from a British crypto-related firm. The German Federal Financial Supervisory Authority (BaFin) has ordered partial cessation of activities by U.K.-based crypto-related firm Finatex Ltd., according to an official announcement published on BaFin’s website on Friday, Nov. 9. According to the BaFin’s notice, […]

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Two Pro-Crypto Candidates Score Wins in US Midterm Gubernatorial Elections

Two pro-cryptocurrency candidates have won seats to become governors of the U.S. states of California and Colorado in the country’s midterm elections. Two pro-cryptocurrency candidates have won seats to become governors of the U.S. states of California and Colorado in the country’s midterm gubernatorial elections, fintech news outlet TrustNodes reports Nov. 7. In the California […]

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Mauritius Financial Commission Releases Draft Regulation for Crypto Custodian Services

Mauritius’s financial commission has released draft regulations for crypto custodian services, requiring the maintenance of at least $14,000 in unimpaired capital. The Financial Services Commission (FSC) of the Republic of Mauritius has released a draft regulatory framework for crypto custodian services, according to an official document posted on Nov. 5. According to the announcement, the […]

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Abu Dhabi Securities Exchange Issues Thought Paper on Crypto and Blockchain

The Abu Dhabi Securities Exchange has reportedly issued a thought paper on crypto and blockchain infrastructure for issuing digital assets. The Abu Dhabi Securities Exchange (ADX) has issued a thought paper on cryptocurrency and blockchain infrastructure for issuing digital assets, reports the Emirati government news agency WAM Nov. 6.                                 The document was reportedly issued […]

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Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin

Morgan Stanley’s report shows Bitcoin’s appeal to institutional investors as the market evolves. On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017. In comparison […]

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‘Creating DApps Can Be Simple’: Platform to Bring Decentralized Economy to Mass Adoption

sponsored A new project from Dubai, HetaChain, is developing a universal blockchain platform with “industrial scale computational capabilities.” The project is intended to make blockchain more easy-to-use and flexible for regular users and developers. HetaChain aims to help governmental services, businesses, and organizations create decentralized applications (DApps) and integrate them into different industries, such as […]

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