Cryptocurrency asset management company BlockFi announced that it has opened interest-bearing accounts for the gemini dollar. Cryptocurrency asset management company BlockFi announced that its interest-bearing accounts now support the gemini dollar (GUSD) in a post published on May 29. Per the announcement, GUSD deposits will see a yearly yield of 6.2%, paid in the stablecoin […]
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Rakuten Wallet has partnered with blockchain security firm CipherTrace to assure AML compliance for the company’s upcoming crypto exchange. A subsidiary of Japanese e-commerce giant Rakuten, Rakuten Wallet, has partnered with blockchain security firm CipherTrace to assure Anti-Money Laundering (AML) compliance for the company’s upcoming crypto exchange. The development was announced in a press release […]
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Barclays and BOLD led a $5.5 million funding round for a blockchain-based invoice exchange. United Kingdom-based international bank Barclays and technology investment firm Bold Capital Partners have led a $5.5 million funding round for fintech firm Crowdz’s blockchain-based global invoice exchange, according to a press release on May 28. According to the report, the blockchain-based […]
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Fintech firm Velocity Ledger Technology has launched a testnet and blockchain API where users can develop apps for issuing, trading, and settling utility tokens. Bermuda-based fintech firm Velocity Ledger Technology (VLT) has launched a testnet and blockchain API for trading digital assets in Bermuda, according to a press release shared with Cointelegraph on May 28. […]
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sponsored A social commerce tech platform used by famous companies has launched a wallet that enables consumers to buy products from 30,000 outlets. A social commerce technology platform has launched a new wallet that enables consumers to buy real-life products from more than 30,000 points of sale globally. Jet8 says its new wallet is a […]
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A new draft banking law will make it mandatory to obtain licenses in advance of operating platforms for issuing or trading crypto. A new banking law drafted for the Central Bank of Egypt (CBE) would make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading cryptocurrencies. The […]
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Iran’s central bank, in partnership with a local blockchain solutions provider, is developing a national blockchain platform called Borna that will be used to revamp the country’s ailing banking and financial markets. The Central Bank of Iran (CBI), via its Informatics and Services Corporation (ISC) and in conjunction with Areatak — a Tehran-based blockchain solutions […]
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Italy is for the European elections. Blockchain is on the agenda for politics and institutions, and relevant novelties lay ahead. Between May 23 and 26, 2019, the European Union’s citizens are renewing their continental parliament. Among the countries that will participate in the poles is Italy (voting on May 26) — one of the founding […]
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A capital markets platform in Singapore will be ready to fully launch regulated trading of digitized securities in early 2020. Capital markets platform iSTOX has joined Singapore’s regulatory sandbox to launch digitized securities trading in late 2019, the firm announced in a tweet on May 24. Following its addition to the Monetary Authority of Singapore […]
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IT infrastructure company Avelacom has partnered with digital currency exchange Seed CX. Trading IT infrastructure company Avelacom has partnered with digital currency exchange Seed CX, according to a press release published on May 23. The partnership aims to allow institutional clients of Avelacom — an IT infrastructure provider for the financial services industry — to […]
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