Visa Set to Launch Blockchain-Based Digital Identity System with IBM in Q1 2019

Visa is preparing its Hyperledger Fabric-based digital identity system for cross-border payments for launch in the first quarter of 2019. Visa is readying its blockchain-based digital identity system for cross-border payments for launch in the first quarter of 2019, according to a press release published October 21. The system, dubbed Visa B2B Connect, will provide […]

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Australia: $50 Million ICO Shuts Down ‘in Accordance with’ Regulatory Requirements

An Australian company that aimed to raise $50 million to create a crypto exchange has shut down “in accordance with” local securities commission requirements. An Initial coin Offering (ICO) conducted by an Australian crypto startup Global Tech Exchange (GTE) has ceased operations, citing the Australian Securities and Investments Commission (ASIC) requirements, the company’s website reveals […]

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Crypto, Blockchain Should Be Regulated Under Existing Frameworks, Says HKEX Report

A new Hong Kong Stock Exchange reports advises that crypto and blockchain should be regulated in consistency with existing regulatory frameworks. A new report published by the Hong Kong Stock Exchange (HKEX) Oct. 18 proposes that financial technologies (fintech), including cryptocurrencies and blockchain, should be regulated in consistency with existing regulatory frameworks. The report, written […]

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Hodler’s Digest: the Great Tether ‘Unpegging’ and Wozniak Gets Into Blockchain

Investment giant Fidelity is turning to digital assets services, and Steve Wozniak gets into blockchain. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph […]

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US SEC Launches ‘Strategic Hub’ to Address DLT and Digital Assets Issues

The U.S. SEC has created the Strategic Hub for Innovation and Financial Technology which will focus on fintech-related issues, including DLT and cryptocurrencies. The U.S. Securities and Exchange Commission (SEC) has launched the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), according to an official announcement published Oct. 18. The FinHub will be run […]

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Are Mastercard and VISA Cutting Out Unregulated Crypto Brokers and ICOs?

Are Mastercard and VISA about to deem crypto and ICOs ‘high risk’? On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category. What are the consequences for those ‘high risk’ merchants? According to the publication’s undisclosed […]

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