German Finance Regulator: International Regulations ‘Desirable’ for ICOs

Germany’s BaFin chairman Felix Hufeld is not convinced ICOs will become a mainstream phenomenon. Germany’s financial regulator wants to see an international effort to regulate Initial Coin Offerings (ICO), despite remaining uncertain whether they would ever become more than a “niche issue,” German business outlet Handelsblatt reported Sunday, Oct. 28. In an interview with the […]

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HTC launches blockchain-based Exodus 1 phone for crypto buyers only

Taiwanese phone manufacturer HTC has launched its (long-awaited?) blockchain-based smartphone, Exodus 1, today (October 23). However, at present, it’s only available to pre-order using cryptocurrency. According to CNBC, the handset can be ordered at a current price of 0.15 bitcoins or 4.78 ether tokens, or about $960 (£739), and is expected to ship in December. […]

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US Cleaning Supplies Firm To Open Blockchain Rewards-Based Recycling Centers in Indonesia

A U.S. household cleaning supplies manufacturer will open several recycling centers in Indonesia, granting tokens to citizens for plastic waste collection. U.S. manufacturer of household cleaning supplies SC Johnson and environmental organization Plastic Bank will open several plastic recycling centers in Indonesia, offering locals tokens for waste collection, according to a press release published Sunday, […]

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Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking

Payment processing giant Mastercard wants to patent a new method of simultaneous crypto and fiat storage. U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals. According to the document, published by the U.S. Patent & Trademark Office (USPTO), the […]

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