More Oil Giants to Join Blockchain-Based Platform Vakt for Energy Commodity Trading

More global oil and gas giants have joined the blockchain-based platform for trading energy commodities. Chevron, one of largest American multinational energy corporations, and two other major energy companies have joined Vakt, a United Kingdom-based blockchain platform for energy commodity trading. Reuters reported on the development on Jan. 16. Along with Chevron, Total, a leading […]

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Belarus Launches Trading Platform Enabling Customers to Buy Tokenized Securities

Newly launched Belarus-based platform will allow traders to buy shares and other traditional assets with digital currencies. Belarus has launched a trading platform that enables customers to buy tokenized versions of shares, gold and other traditional assets, Reuters reported Jan. 15. The project is reportedly backed by two companies, Larnabel Ventures and VP Capital. According […]

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Malaysian Cryptocurrency Regulation to Classify Digital Assets, Tokens as Securities

Malaysian cryptocurrency regulation comes into effect on Tuesday, classifying crypto-assets as securities. Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14. The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. According to Reuters, the new […]

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French Tobacco Shops Start Selling Bitcoin Despite Regulatory Uncertainty

Several tobacco shops in Paris have started selling Bitcoin in partnership with local crypto wallet despite the regulatory uncertainty. Several tobacco shops in Paris, France, have started selling Bitcoin (BTC) for fiat despite regulatory uncertainty, Reuters reports Tuesday, Jan. 8. Reuters has learned that the world’s largest cryptocurrency can now be purchased at six tobacco […]

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Visa to Purchase Ripple Cross-Border Payments Partner Earthport

Payment services giant Visa will reportedly acquire Ripple’s partner Earthport for over $251 million. American payment services giant Visa Inc. is acquiring Ripple partner Earthport Plc, a payment network for cross-border transactions, Reuters U.K. reported Dec. 27. Founded in 1997, London-based Earthport is a financial services firm that offers cross-border payments service to banks and […]

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British Regulators Ruminate on Crypto Rules While Standing Firm on Crypto Taxation

British regulators are taking more time over crypto, but this won’t make U.K. legislation more permissive. A significant crypto market slump has brought concern and alarm, but also some unexpected side benefits. One such benefit comes from how financial regulators in the United Kingdom now appear sufficiently relaxed about crypto and its growth that they can […]

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