The FATF has required what the company calls “onerous” reporting and record-keeping of exchanges. Blockchain analysis firm Chainalysis has hit back at recommendations from intergovernmental financial anti-crime organization the Financial Action Task Force (FATF) in a direct letter dated April 8. The letter, which Chainalysis sent to the FATF, criticizes the organization’s demands to make […]
Continue Reading
UK startup Acre Software raised about $6.5 million to apply blockchain technology to the mortgage and insurance application process for advisers. United Kingdom startup Acre Software raised about $6.5 million to apply blockchain technology to the mortgage and insurance application process for advisers, a press release published on April 4 states. Per the release, nearly […]
Continue ReadingAn exchange says it wants to “liberate crypto from the shackles of fees” by enabling traders to perform transactions without any costs in 131 countries. A crypto exchange has announced it is launching “zero-fee trading” across the 131 countries where it currently operates. Zebpay says it wants to “liberate crypto from the shackles of trading […]
Continue Reading
South Korea’s largest wireless carrier, SK Telecom, is partnering with the world’s fifth largest telecoms firm, Deutsche Telekom, to develop a blockchain-based identification solution. South Korea’s largest wireless carrier, SK Telecom (SKT), is partnering with the world’s fifth largest telecoms firm, Germany’s Deutsche Telekom, to develop a blockchain-based mobile identification solution. The news was reported […]
Continue Reading
American health insurance giant Aetna, together with other major insurers, has partnered with IBM to create a blockchain network tailored to the healthcare industry. United States-based health insurance giant Aetna has partnered with IBM to create a blockchain network tailored to the healthcare industry, Reuters reported Jan. 24. Estimated to serve over 39 million clients […]
Continue Reading
Smart contracts indubitably fall subject to private international law, a professor of Private International Law at Germany’s Friedrich Schiller University has argued. Blockchain-based smart contracts indubitably fall subject to private international law, a legal expert has argued in a post published to Oxford University’s Business Law Blog today, Jan. 23. Giesela Rühl — a professor […]
Continue Reading
The United States government could regulate crypto assets and tokens differently than stocks and traditional assets. The United States government could regulate crypto assets and tokens differently than stocks and traditional assets by altering the existing regulatory framework on securities. On Dec. 22, CNBC reported that two congressmen — Warren Davidson and Darren Solo — […]
Continue Reading
Opera has launched its “Web 3-ready” browser for Android, with crypto wallet integration, support for Ethereum and interactions with decentralized applications. Opera has launched its “Web 3-ready” browser for Android, with crypto wallet integration, support for Ethereum (ETH) and interactions with decentralized applications (DApps). The launch was announced at the Hard Fork Decentralized event in […]
Continue Reading
sponsored A new financial blockchain network is offering low-cost, high-speed transactions — and gives users the ability to recover accounts and have these accounts insured. A startup which bills itself as “blockchain’s financial district” has launched its network — and says its debut heralds “the beginning of true financial freedom.” WORBLI enables businesses and individuals […]
Continue Reading
The Commonwealth Bank of Australia and a government-run digital innovation center have successfully trialled a blockchain-powered “smart money” system for disability insurance. The Commonwealth Bank of Australia (CBA) and government-run digital innovation center Data61 have released the results of their trial for a blockchain-powered “smart money” system for Australia’s National Disability Insurance Scheme (NDIS). The […]
Continue Reading