Secretariat of the UN Framework Convention on Climate Change signed an MoU with blockchain firm W-Foundation. A climate change initiative of the United Nations signed a Memorandum of Understanding (MoU) with blockchain firm W-Foundation to collaborate on climate action, according to a press release shared with Cointelegraph on May 16. In accordance with the new […]
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Latin America-based cryptocurrency startup Ripio has launched a trading platform, including an over-the-counter desk. Latin America-based cryptocurrency startup Ripio has launched a trading platform, including an over the counter (OTC) desk, according to a press release shared with Cointelegraph on May 16. Ripio’s newly launched platform will enable its customers in Brazil, Argentina, and Mexico […]
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Estonian consulting firm Eesti claims that it is getting harder to get a cryptocurrency license in Estonia. Estonian consulting firm Eesti has claimed that it is getting harder to get a cryptocurrency license in Estonia in a press release published on May 16. The Estonian government’s Ministry of Finance introduced changes to the licensing process […]
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TokenAnalyst estimates that capital outflows from major crypto exchanges have exceeded inflows by ~$622 million over the past 5 days. Blockchain data provider TokenAnalyst estimates that capital outflows from major crypto exchanges have exceeded inflows by ~$622 million over the past five days, Bloomberg reported on May 15. London-based TokenAnalyst has reportedly based its figure […]
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Dunamu gave funding to 26 blockchain startups as part of a multi-year investment roadmap. The parent company of South Korean cryptocurrency exchange Upbit has invested almost $50 million in blockchain startups since March 2018, English-language Korean business news outlet The Investor reported on May 15. Dunamu, which created a dedicated investment subsidiary, Dunamu & Partners, […]
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Catherine Bessant admitted that the institution has yet to find blockchain use cases for the financial services sector. Catherine Bessant, chief technology officer at Bank of America, admitted that the institution has yet to find blockchain use cases for the financial services sector. Bessant made her comments during an interview with Bloomberg published on May […]
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BNP Paribas, Natixis, and Societe Generale have joined Finastra’s syndicated lending platform Fusion LenderComm. British financial software firm Finastra has signed three global banks on its R3 Corda blockchain-based syndicated loans platform, the firm officially announced on May 14. France-based banking institutions BNP Paribas, Natixis, and Societe Generale have officially joined Finastra’s syndicated lending platform […]
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Digital asset finance firm BitGo announced the launch of its off-chain clearing and settlement service. Digital asset finance firm BitGo announced the launch of its off-chain clearance and settlement service in a press release published on May 14. Per the announcement, the service will be available to clients of qualified custodian BitGo Trust Company, and […]
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Amy Starr, a senior official at the U.S. SEC, said that the regulator is happy to interact with crypto businesses to develop better regulation. Securities laws are “written to be dynamic,” a senior official at the United States securities regulator claimed in a recent panel at Consensus 2019 on May 13. Amy Starr, chief of […]
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Shark Tank’s Kevin O’Leary has said that he believes bitcoin to be a useless currency due to problems associated with its volatility. Shark Tank’s Kevin O’Leary said that he believes bitcoin (BTC) to be garbage during an interview with finance news outlet CNBC published on May 14. O’Leary founded SoftKey, a company that Owler estimates […]
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