Japan’s Financial Services Agency has launched a Bitcoin Governance Initiate Network to foster the “sustainable development” of the DLT sector. Japan’s financial regulator announced the launch of its global Blockchain Governance Initiative Network (BGIN) on March 10. The BGIN intends to foster the “sustainable development of the blockchain community.” The Financial Services Agency Japan (JFSA) […]
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SEC commissioner lends an olive branch to the crypto community as New Jersey becomes the latest state to unveil crypto regulations. Some of the internet’s biggest companies — the likes of Amazon, Google and Facebook — were created from the ruins of the dot-com bubble. Likewise, the crypto ICO bubble seems to have many states […]
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Cryptocurrency lending platform BlockFi has added support for cash on its platform, which enables customers to purchase crypto through wire transfers. Cryptocurrency lending platform BlockFi has added support for cash on its platform, which enables customers to purchase crypto through wire transfers. The company revealed the new option in a press release on March 10, […]
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First Digital Trust, the digital asset subsidiary of Legacy Trust, received a $3 million investment from Taiwanese firm Nogle this week. A Taiwanese venture studio just became the new lead investor for a Hong Kong-based crypto custodian following a multimillion dollar investment this week. Nogle announced yesterday they had given $3 million to First Digital […]
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Financial services giant Morningstar valued the securities of U.S. restaurant chain Fatburger — the first Ethereum-based security ranked by the firm. Financial services giant Morningstar has valued the securities of U.S. restaurant chain Fatburger — the first Ethereum-based security ranked by the firm. Forbes reported on Mar. 8 that Fatburger‘s $40 million business securitization valued […]
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Central banks’ growing interest in DLT reveals concerns in the traditional financial sector as the gap between the two narrows Despite the interest shown in decentralized ledger technology by central banks, cryptocurrencies continue to be mistrusted by the traditional financial system. This has been made apparent from comments by Andrew Bailey, the upcoming governor of […]
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Japanese government agencies held a crypto meeting, Coincheck added Qtum, and more headlined news from Japan this past week. This week’s headlines from Japan include crypto exchange Zaif reopening account registrations, government agencies meeting on crypto, the Federation of Economic Affairs submitting a national Blockchain proposal, Coincheck adding Qtum, and Rakuten Wallet opening leverage trading […]
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South Korea’s national legislature has passed a law to introduce a permitting system for cryptocurrency exchanges based on real-name confirmed bank accounts. On March 5, South Korea’s National Assembly passed a revised bill on the reporting and use of special financial transaction information, focusing on the introduction of a permit system for cryptocurrency exchanges. Accordingly, […]
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BitGo, a crypto firm that claims to handle over 20% of all Bitcoin transactions, is launching an institutional-level crypto lending. As the cryptocurrency lending industry continues to grow, another major crypto company is getting into the business. BitGo, a crypto firm that claims to handle over 20% of all Bitcoin (BTC) transactions, is launching an […]
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Microsoft, ConsySys and EY have launched Baseline, an open-source smart contract and tokenization protocol for enterprises on the Ethereum Mainnet. Global taxation and transaction advisory firm EY have announced the launch of their open-source Baseline protocol. Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain. Baseline was […]
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