The progression follows a Memorandum of Understanding between government and industry players in January. The Singapore government will press ahead with a pilot of its blockchain-based maritime trade platform TradeTrust through an official partnership, trade news outlet Asia Middle East Maritime Focus reported on March 7. TradeTrust, which aims to leverage blockchain to streamline complex […]
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A Japanese crypto industry association has proposed recommendations on ICO regulation In order to promote domestic blockchain and cryptocurrency-related businesses, the Japan Cryptocurrency Business Association (JCBA) has published its “Recommendations on New ICO Regulation” on Friday, March 8. The recommendations on Initial Coin Offerings (ICOs) regulations issued by the JCBA — a local industry trade […]
Continue ReadingEthereum-based digital asset tokenization startup Enjin will launch development software for leading game development engine Unity on March 14. Ethereum (ETH)-based digital asset tokenization startup Enjin will launch a Software Development Kit (SDK) for leading game development engine Unity on March 14. The company announced the launch in a Medium post on March 4. The […]
Continue ReadingThe Taiwanese finance regulator plans to introduce a new STO-related fundraising mechanism, scheduled for release in June 2019. Taiwan’s Financial Supervisory Commission (FSC) will establish a new fundraising mechanism based on security token offerings (STOs), according to an article published by financial news outlet Taiwan Economic Daily on Monday, March 4. The FSC, an independent […]
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Maltese blockchain and crypto-related companies are reportedly struggling to open bank accounts, as banks are purportedly declining their applications. Blockchain companies in Malta are reportedly struggling with opening bank accounts, local news outlet the Times of Malta reported on Mar. 1. The Times of Malta allegedly contacted a number of legal firms and financial companies, […]
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Seven global oil and gas firms including ExxonMobil and Chevron formed Oil & Gas Blockchain Consortium. Seven global oil and gas firms, including American industry giants ExxonMobil and Chevron, have partnered to form a blockchain consortium, according to a press release on Feb. 26. The so-called Oil & Gas Blockchain Consortium, residing under the Offshore […]
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The trading platform has said it is closing permanently following a major software problem that reportedly lost funds. Swiss cryptocurrency industry organization the Crypto Valley Association (CVA) is investigating allegations of foul play by one of its members after the platform closed down last month, CVA officials confirmed in a statement on Feb. 28. According […]
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Signature Bank, a New York-based bank with its own blockchain platform, will offer financial services to fintech firms in Bermuda. New York-based commercial bank Signature Bank will begin offering financial services to fintech firms in the island nation of Bermuda, local news daily the Royal Gazette reports on Feb. 28. According to the Royal Gazette, […]
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The chairman of the European Securities and Markets Authority, Steven Maijoor, has supported new regulations for digital assets to help investors. The chairman of the European Securities and Markets Authority (ESMA) — the European Union-level financial markets supervisor — has said that he supports further regulations on digital assets, political news outlet Roll Call reported […]
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The Central Bank of Bahrain has issued new cryptocurrency regulation, after releasing draft proposals last year. The Central Bank of Bahrain has issued new cryptocurrency regulation, English-language local media TradeArabia reports on Feb. 25. Before, in December last year, the central bank had issued draft proposals to potentially regulate and license crypto asset services. The new […]
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