Hbus forms a new team to develop crypto services and products for institutional investors. The United States-based operator of crypto exchange Huobi, Hbus, has formed a new team to launch institutional products and services, according to a press release shared with Cointelegraph on March 27. The company’s new team will be led by Katelyn Mew, […]
Continue ReadingSwiss mortgage bank Hypothekarbank Lenzburg has partnered with crypto asset manager TokenSuisse. Swiss mortgage bank Hypothekarbank (“Hypi”) Lenzburg has partnered with Swiss crypto asset manager TokenSuisse to expand the bank’s service offerings for crypto and blockchain firms. The development was announced on the bank’s official Twitter on March 25. Hypi Lenzburg is headed by CEO […]
Continue ReadingChanges to Tether’s website have raised fresh concerns about the companies reserve policy. Controversial stablecoin Tether is in the spotlight again after changes to the details of the way in which it backs up tokens in supply. As reported on March 14, various online users noted and posted disconcerting changes to the Tether website, which […]
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Crypto lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts. Crypto wealth management and lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts, according to an official blog post on March 22. BlockFi launched the BlockFi Interest Accounts (BIA), cryptocurrency accounts supporting Ethereum (ETH) and […]
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A number of banks revealed plans to issue their own tokens, following JPMorgan Chase’s move. This week, a number of banks shed light on their respective crypto-related projects, following the recent expansion of JPMorgan Chase into the field. IBM was the big mover. A joint announcement by IBM and Stellar (XMR) said that as many […]
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Major U.S.-based bank Silvergate added 59 new crypto customers in the fourth quarter of 2018. Crypto-supportive Silvergate Bank has signed on a slew of new cryptocurrency customers in the fourth quarter on 2018, according to a recent filing with the United States Securities and Exchange Commission (SEC). The filing reveals that as of Dec. 31, […]
Continue ReadingFrench clerks of commercial courts will use a blockchain platform developed with IBM to record changes in companies’ legal status. French commercial court clerks will use a blockchain-based platform to record changes in companies’ legal status within the country. The development was revealed in an official announcement on March 14. The blockchain network was jointly […]
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On-chain Crypto Lending: The Path To The Mainstream. One of the hottest topics in cryptocurrency right now is the potential ability for distributed ledger technology to transform the borrow and lending activities in traditional banking. This helps banks solve two major issues: application of legal actions and liquidity. But “on-chain” technology could solve another essential, […]
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The partnership will focus on developing new blockchain-based solutions for the credit union industry. Tech giant IBM is partnering with blockchain consortium and credit union service organization (CUSO) CULedger to develop new blockchain-based solutions for the credit union industry. The development was announced in a press release shared with Cointelegraph on March 11. IBM and […]
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Deutsche Borse Group, Swisscom, and Sygnum have entered into a partnership to build out a compliant financial market infrastructure for digital assets. Global market infrastructure provider Deutsche Borse Group, Swiss state-owned telecoms and ICT firm Swisscom, and Swiss and Singapore-based fintech company Sygnum have entered into a strategic partnership to build out a compliant financial […]
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