JPMorgan Chase is launching its own cryptocurrency in a first for U.S. banking. On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations. It is fair to say that move comes […]
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Ripple’s fundraising arm Xpring invests in a startup that develops applications for XRP Ledger. Ripple’s fundraising arm Xpring has invested in XRPL Labs — a startup that develops applications for the XRP ledger, the company announced in a blog post on Feb. 13. Xpring’s director Vanessa Pestritto has announced that Wietse Wind — a long-time […]
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The Financial Services Commission of Mauritius is establishing a regulatory framework for digital asset custodian services. The Mauritanian Financial Services Commission (FSC) is establishing a regulatory framework for digital asset custodian services, according to an official announcement published on Feb. 8. The new regulation will be effective as of March 1 and will require custodian […]
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Blockchains and digital IDs are moving beyond hype, and bringing real benefits to individuals and organizations. According to the latest estimates, we generate around 2.5 quintillion bytes of data every day. That’s 2.5 followed by 17 zeros — or rather 2.5 trillion million — a number that’s impossible to visualize intuitively, but nonetheless has massive implications […]
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Switzerland’s principal stock exchange SIX Swiss Exchange will test blockchain integration for its forthcoming parallel digital trading platform SDX in the second half of this year. Switzerland‘s principal stock exchange SIX Swiss Exchange will test blockchain integration for its forthcoming parallel digital trading platform SDX in the second half of this year. The news was […]
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Blockchain-based lending firm Dharma Labs raised $7 million from big investors including Coinbase Ventures. San Francisco-based blockchain lending firm Dharma Labs has raised $7 million from big investors including Coinbase Ventures, as the company confirmed to Cointelegraph on Feb. 5. According to crypto news outlet The Block Crypto, Dharma Labs is planning to use the […]
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Major global banking payments network SWIFT announced its collaboration with R3. On Jan. 30, major global banking payments network SWIFT announced it plans to launch a proof-of-concept (PoC) of a gateway — titled GPI Link — that will allow blockchain software firm R3 to connect to SWIFT’s Global Payments Innovation (GPI) payments from its platform. […]
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After the announcement of its development in October 2018, Wrapped Bitcoin, an Ethereum-based token backed by Bitcoin, has launched. Wrapped Bitcoin (WBTC), an Ethereum (ETH)-based token backed by Bitcoin (BTC), has launched today, Jan. 31, according to a press release on the network’s website. The currency is a joint initiative by blockchain security firm BitGo, […]
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A savvy strategy and innovative leaders may turn Wyoming into a crypto hub. In the first month of 2019, the state of Wyoming has performed yet another series of power moves showcasing its continued commitment to becoming America’s new crypto hub, even despite recent changes in political leadership. The incoming governor, Mark Gordon, made room […]
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Cryptocurrency lending company Genesis Capital processed $1.114 million in borrows and lends last year. Cryptocurrency lending company Genesis Capital processed $1.114 million in borrows and lends last year, according to the recently released Digital Asset Lending Snapshot for Q4 2018. At the end of Q3 2018, the company published its first Digital Asset Lending Snapshot, […]
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