UK Bank Standard Chartered Uses Blockchain for Supply Chain Finance

Financial services firm Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis. London-based bank and financial services firm Standard Chartered has completed its first joint blockchain-based supply chain financing transaction. Standard Chartered announced on Aug. 5 that the institution successfully ran their first joint deep-tier supply chain financing transaction […]

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Thailand Gov’t Will Amend AML Laws to Regulate Cryptocurrency

A Thai regulator announced that the regulator will amend anti-money laundering regulation to prevent crypto use for illicit activities. A Thai regulator announced that the regulator will amend regulation to prevent crypto use for illicit activities, English-language local news outlet BangkokPost reports on Aug. 5. AMLO to focus on cryptocurrencies Per the report, Acting secretary-general […]

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Why Is the US Not Yet a Leader in Crypto Regulation? — Experts Answer

Regulatory frameworks for Bitcoin (BTC) and other cryptocurrencies have developed differently around the globe, ranging from outright bans to so-called “crypto-friendly” legislation. Despite being an economic leader, many within the crypto industry argue that the United States in particular has not yet gained a leading position among governments actively working to regulate this new technology.  […]

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