Blockchain protocol Tron and USDT stablecoin issuer Tether have announced a partnership. Blockchain protocol Tron (TRX) and Tether, issuer of stablecoin USDT, have announced a partnership to introduce USDT to the Tron network by the second quarter of 2019. The news was shared with Cointelegraph in an email on March 4. The forthcoming TRC20-based USDT […]
Continue ReadingThe Taiwanese finance regulator plans to introduce a new STO-related fundraising mechanism, scheduled for release in June 2019. Taiwan’s Financial Supervisory Commission (FSC) will establish a new fundraising mechanism based on security token offerings (STOs), according to an article published by financial news outlet Taiwan Economic Daily on Monday, March 4. The FSC, an independent […]
Continue ReadingThe Bahamas central bank will work with NZIA.io and Singapore-based Zynesis to develop the digital fiat currency project. The Central Bank of the Bahamas has announced its key collaborators for the development of a digital fiat currency system in the island country, according to an official document released on March 1. Called “Project Sand Dollar,” […]
Continue ReadingGoldman Sachs-backed cryptocurrency startup Circle is reportedly looking to raise $250 million of funding. Goldman Sachs-backed cryptocurrency finance firm Circle is reportedly looking to raise $250 million of funding in a combination of equity and debt. The source of information are claims made by an anonymous person familiar with the company’s plans, as cited in […]
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A bill introduced in the Rhode Island State Assembly would allow some “blockchain tokens” to avoid state securities laws. A bill in the state legislature of the United States state of Rhode Island would exclude “blockchain tokens” from state securities laws. The bill was introduced in the legislature on Feb. 27. The bipartisan bill H5595 […]
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Binance Research argues that the implications of JPMorgan Chase’s JPM Coin for the public stablecoin market will be minimal in the near-term. The research arm of top crypto exchange Binance has published an analysis of JPMorgan Chase’s newly announced stablecoin, arguing that the digital coin brings “minimal direct competition” to Ripple’s XRP token in the […]
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Circle plans to ensure it is protected against malicious trading schemes and on the right side of regulators. Blockchain finance company Circle will use digital financial services company Nice Actimize’s market monitoring tools to fight manipulation, a press release confirmed on Feb. 27. Nice Actimize, which forms a branch of Israeli enterprise software giant Nice […]
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The trading platform has said it is closing permanently following a major software problem that reportedly lost funds. Swiss cryptocurrency industry organization the Crypto Valley Association (CVA) is investigating allegations of foul play by one of its members after the platform closed down last month, CVA officials confirmed in a statement on Feb. 28. According […]
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Switzerland-based online crypto bank Dukascopy has warned clients about a “clone” company GCG Asia claiming to be affiliated with the bank. Switzerland-based cryptocurrency bank Dukascopy has warned customers that forex trading company GCG Asia is fraudulently claiming to be the bank’s authorized firm in an announcement published on Feb. 27. In the announcement, Dukascopy Bank […]
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Germany’s blockchain strategy will be introduced in mid-2019, according to statements by the Cabinet of Germany. The chief executive body of the German government, the Cabinet of Germany, has revealed that the country’s blockchain strategy will be introduced by mid-2019. The Cabinet commented on the development of fintech in the country on Feb. 26, following […]
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