Malaysia’s financial regulator wants feedback from the public about ICOs and crowdfunding regulatory frameworks. The Securities Commission Malaysia (SC) has issued two consultation papers seeking public feedback on the regulatory frameworks for initial coin offerings (ICOs) and property crowdfunding. The request was noted in a press release published on the SC’s website Wednesday, March 6. […]
Continue ReadingChinese e-commerce giant conglomerate Alibaba Group is considering blockchain tech application for cross-border supply chains. Liu Song, vice president of Chinese e-commerce giant Alibaba Group, has said in an interview that the company is considering blockchain tech implementation for cross-border supply chains. Song’s remarks were noted in an article published by China’s largest state-owned newspaper, […]
Continue ReadingSIX Swiss Exchange will use R3’s Corda Enterprise platform for its forthcoming blockchain-powered digital exchange. Switzerland‘s principal stock exchange, SIX Swiss Exchange, has chosen to use blockchain consortium R3’s Corda Enterprise platform for its forthcoming blockchain-powered digital exchange. The news was revealed during the R3-hosted Corda Day event in Singapore on March 6. The SIX […]
Continue ReadingAccording to the Worldwide Semiannual Blockchain Spending Guide, blockchain spending on a global scale will be nearly $2.9 billion in 2019. Global spending on blockchain solutions will reach $2.9 billion in 2019, according to a recent report from advisory services firm International Data Corporation (IDC) published on March. 4. The report dubbed “Worldwide Semiannual Blockchain […]
Continue ReadingThe financial sector will lead global spending in blockchain this year, according to new report from International Data Corporation. Global blockchain spending will account for almost $2.9 billion in 2019, which is an 88.7 percent increase from 2018, according to a new report from United States-based market research firm International Data Corporation (IDC). Published on […]
Continue ReadingFive regional financial institutions aim to release the first services of their blockchain-based financial platform in April. Five Japanese banks have collaborated to launch blockchain-based financial services infrastructure, the finance platform confirmed in a press release on March 1. Bank of Iwate, Bank of Yokohama, Aomori Bank, Akita Bank and Yamanashi Chuo Bank will work […]
Continue ReadingU.K. futures provider Crypto Facilities’ trading volumes increased over 500 percent after being acquired by U.S. crypto exchange Kraken. United Kingdom-based crypto exchange and futures provider Crypto Facilities has significantly increased its trading volumes after being acquired by crypto exchange Kraken, according to the information shared with Cointelegraph Tuesday, Mar. 5. Cointelegraph spoke to Sui […]
Continue ReadingLast month was particularly eventful for the Japanese crypto ecosystem. The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank (BoJ) issued a study on the role of central bank digital currencies (CBDCs) in […]
Continue ReadingThe CEO of Revolut has denied recent allegations that the company breached money laundering laws. The founder and CEO of United Kingdom-based digital banking app Revolut publicly denied allegations of a money laundering breach and negligence by the company in a blog post Mar. 1. The latest in a series of publicity disasters to afflict […]
Continue ReadingCircle announced that it closed the acquisition of the joint crowdfunding platform and registered operator of a broker-dealer. Goldman Sachs-backed cryptocurrency finance firm Circle announced that it closed the acquisition of SeedInvest, a crowdfunding platform and registered operator of a broker-dealer. The news was reported via a post on Coinbase’s official blog published March 4. […]
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