The U.S. SEC and FINRA have issued a statement on regulatory compliance issues for crypto custodians. The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) outlined regulatory compliance issues for cryptocurrency custodians in an announcement on July 8. According to the joint statement, the organizations have yet to discover […]
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The food industry is becoming one of the most inclusive destinations for blockchain. As blockchain continues to push for mass adoption, the food and beverage industry is shaping up to be one of the most inclusive destinations for the technology: Just over the past few months, a variety of players — including juggernauts like Nestlé, […]
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São Paulo-based BTG Pactual bank has teamed up with Dalma Capital to sell over $1 billion worth of STOs through the Tezos blockchain. Latin America’s biggest investment bank, BTG Pactual, plans to shift its security token offerings (STOs), a pipeline of over $1 billion in sales, onto the Tezos blockchain. The announcement appeared in a […]
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Argento and LBX say their regulated product is unique in not involving fiat at any stage. Two European companies have launched what they describe as the world’s first genuine bitcoin (BTC) bond, they confirmed in a joint press release on July 3. Luxembourg-based Argento, a securitization firm, joined forces with London Block Exchange (LBX) to […]
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Dutch ministers have called on the government to introduce new regulations on money laundering that would include cryptocurrency-related stipulations. Dutch ministers have urged the government to regulate cryptocurrencies and certain cash payments over money laundering concerns in a statement on July 1. The officials said that the government should ban cash payments over 3,000 euros, […]
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The Dubai Chamber of Commerce and Industry will promote blockchain trade solutions by the International Chamber of Commerce and Perlin. The Dubai Chamber of Commerce and Industry (DCCI) has entered a joint initiative to promote the adoption of blockchain trade solutions, according to a press release on July 1 The DCCI, which acts as an […]
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G20 leaders reaffirmed their previous stance towards cryptocurrencies in a declaration released after the G20 Summit in Osaka on June 29. G20 leaders reaffirmed their previous stance towards cryptocurrencies in a declaration following the G20 Summit in Osaka on June 29 In the declaration, the G20 leaders state that cryptocurrencies do not currently constitute a […]
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Huobi Group partnered with Chinese blockchain startup Nervos to enable firms to deploy their own blockchains. Huobi Group is jointly developing a new public blockchain for decentralized financial (DeFi) services, according to a press release on July 1. Major global digital asset financial service provider Huobi has partnered with Chinese blockchain startup Nervos enabling companies […]
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A Bitmain IPO might be making a come back, as a crypto bull run heats up and as the company may potentially file with the SEC. Toward the end of June 2019, news emerged that the mining giant Bitmain might be reviving its initial public offering (IPO) plans. As Bloomberg reports, the China-based cryptocurrency mining […]
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Walmart China will track food move in its supply chain with Vechain’s Thor blockchain. Walmart China plans to track food through its supply chain with VeChain’s Thor blockchain, reveals a VeChain press release published on June 25. Per the release, the Walmart China Blockchain Traceability Platform (WCBTP) will be a joint venture by Walmart China, […]
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