Gov’t-Owned Holding Company Subsidiary Invests in Binance’s Singapore Expansion

Binance has received an investment from Temasek subsidiary Vertex Ventures to support the exchange’s expansion into the Southeast Asian market. Vertex Ventures has announced an investment in the largest cryptocurrency exchange Binance to facilitate its expansion into Singapore, according to a press release shared with Cointelegraph Oct. 23. Vertex Ventures is a subsidiary of Singapore-based […]

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Visa Set to Launch Blockchain-Based Digital Identity System with IBM in Q1 2019

Visa is preparing its Hyperledger Fabric-based digital identity system for cross-border payments for launch in the first quarter of 2019. Visa is readying its blockchain-based digital identity system for cross-border payments for launch in the first quarter of 2019, according to a press release published October 21. The system, dubbed Visa B2B Connect, will provide […]

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Crypto, Blockchain Should Be Regulated Under Existing Frameworks, Says HKEX Report

A new Hong Kong Stock Exchange reports advises that crypto and blockchain should be regulated in consistency with existing regulatory frameworks. A new report published by the Hong Kong Stock Exchange (HKEX) Oct. 18 proposes that financial technologies (fintech), including cryptocurrencies and blockchain, should be regulated in consistency with existing regulatory frameworks. The report, written […]

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Bank of Japan: Central Bank-Issued Digital Currencies Are Not an Effective Economic Tool

The deputy governor of Japan’s central bank has said that central bank-issued digital currencies cannot be economic tools, since fiat currency is still popular. The Bank of Japan’s (BOJ) deputy governor Masayoshi Amamiya has recently reiterated his negative stance towards central bank-issued digital currencies (CBDC), the New York Times reports Oct. 20. Speaking on Saturday […]

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Report: Blockchain and Crypto Industries See Growing Demand for Talent

A recent analysis by online recruiting portal Glassdoor has noted an increase in blockchain-related job opportunities. A recent study by recruiting site Glassdoor published Oct. 18 found that crypto and blockchain-related job opportunities significantly increased in the U.S. this year, despite the slump in cryptocurrency prices. In the course of its analysis, Glassdoor examined a […]

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