BRD’s enterprise banking blockchain boosted by new compliance strategy

Crypto wallet provider BRD partners with Ciphertrace, Chainalysis and others to boost its banking enterprise solution. In July this year, the Office of the Comptroller of the Currency granted permission for federally chartered banks to provide custody services for cryptocurrency. While significant, the need for enterprise-grade infrastructure to securely deploy custody solutions has become crucial.  […]

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Unikrn ICO faces further SEC action

Another remnant of 2017 gets hit by regulation. Unikrn, an initial coin offering, or ICO, from 2017, faces action from the U.S. Securities and Exchange Commision, or SEC.  The SEC has accused the startup of running its ICO without going through the proper legal channels, based on a Sept. 15 statement from the regulating body. The […]

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BNP Paribas connects to major stock exchanges with DAML smart contracts

The DAML smart contract language is getting more popular. BNP Paribas’ securities arm has partnered with Digital Asset to develop a number of real-time trade and settlement applications using DAML-based smart contracts, the firm announced on Sept. 15. The new DAML-driven apps will connect BNP Paribas Securities Services with major global stock exchanges like the Australian […]

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Nigeria regulators recognize digital assets in stunning new statement

‘Virtual crypto assets are securities, unless proven otherwise,’ the Nigerian SEC said. The Securities and Exchange Commission of Nigeria has officially defined digital assets under its regulatory umbrella.  In a Sept. 14 statement, the Nigerian Securities and Exchange Commission, or SEC, defined tokens and coins in the country’s financial markets. The commission stated that these […]

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Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph

PwC, Swiss blockchain investment firm CV VC and Cointelegraph have released a report discussing the current blockchain ecosystem. From enterprise blockchain adoption to the rise of decentralized finance, it seems like the blockchain landscape is constantly evolving in different ways. While impressive, it’s important to understand how blockchain is being applied within various industries. In […]

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