The Indian Port Community System has integrated blockchain platform CargoX in a bid to digitize its cargo documentation. As the COVID-19 pandemic takes a toll on the workflow of the Indian cargo shipping industry, India’s maritime industry is looking to utilize the CargoX platform for Blockchain Document Transfer (BDT). According to a report from World […]
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Coinbase has announced the exchange is exploring support for 18 new digital assets including VeChain, Synthetix and DigiByte. The largest cryptocurrency exchange in the United States is considering offering support for a variety of new digital assets. According to a June 10 blog post from Coinbase, the exchange is exploring support for Aave, Aragon, Arweave, […]
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The Crypto Rating Council announced the addition of NY-based CrossTower as its newest member. Cryptocurrency exchange CrossTower is now part of the Crypto Rating Council, or CRC. They join as the council’s newest member, alongside 11 other industry companies. According to the announcement on June 10, the CRC were pleased to select the New York-based […]
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An archaic blockchain technology helps a technology company convince U.S. bank regulators that the transactions are free of money laundering. Treasury Prime aspires to bring U.S. banks out of the stone age by providing automation through APIs. It appears that they internally use rudimentary blockchain technology to handle their compliance efforts. Time travel The company […]
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The Libra Association just filled a key role. The Libra Association, the group behind Facebook’s digital asset endeavor, unveiled an update to its brass. The association announced Sterling Daines fills the role of announced its Chief Compliance Officer, or CCO, at the ourfit, said a statement provided to Cointelegraph staff. Daines will leave his post at Credit […]
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Joseph Lubin’s firm ConsenSys is entering the compliance market with the launch of a service for DeFi projects on the Ethereum network. Ethereum co-founder Joseph Lubin’s firm ConsenSys is releasing a compliance service to keep an eye out on transactions conducted by DeFi companies and exchanges trading tokens issued on Ethereum. According to a Bloomberg […]
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Chainalysis calls the ‘privacy coin’ bluff — adds support for Zcash and Dash, calling Dash a ‘privacy coin’ is a ‘misnomer.’ On June 8, Chainalysis announced support for privacy coins Zcash (ZEC) and Dash (DASH) making it easy for the law enforcement to track them. Calling Dash a privacy coin is a misnomer The company […]
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Speaking to Cointelegraph, the CEO of security token custodian Digivault predicted that regulatory clarity will light the fuse for the tokenization revolution. With tokenization offering significant efficiency savings and global liquidity pools to existing regulated asset classes, security tokens appear poised for rapid adoption within the mainstream business community. To discuss the shifting regulatory climate […]
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The CEO of FinTech company CoolBitX says only 10% of countries in the FATF are prepared for the June 24 meeting to discuss the travel rule. The Financial Action Task Force (FATF) has a plenary meeting scheduled on June 24 to assess the progress of Virtual Asset Service Providers (VASPs) worldwide in enforcing the organization’s […]
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Bitcoin reserves on cryptocurrency exchanges sank to a 12-month low, indicating investors are accumulating BTC. According to data from glassnode, Bitcoin reserves on cryptocurrency exchanges fell to a 12-month low. This coincides with a reported mass outflow of BTC from Coinbase. On June 6, various media outlets reported that Coinbase may sell its blockchain intelligence […]
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