WISeKey has launched a new blockchain-powered digital identity solution to protect Internet of Things devices and their data. Switzerland-based blockchain and cybersecurity firm WISeKey has launched a new blockchain-powered digital identity solution to protect Internet of Things (IoT) devices and their data. The news was announced in a WISeKey press release on March 29. WISeKey […]
Continue Reading
Nornickel is reportedly exploring tokenizing palladium in addition to constructing various digital platforms. Russian billionaire Vladimir Potanin is planning to create cryptocurrency tokens backed by palladium, Bloomberg reported on March 27. Potanin — who is CEO of the Russian nickel and palladium mining and smelting company MMC Norilsk Nickel PJSC (Nornickel) — plans to deploy […]
Continue ReadingRegtech firm Coinfirm found that 69 percent out of 216 global crypto exchanges do not have “complete and transparent” KYC procedures. Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology (regtech) startup Coinfirm found in its crypto exchange risk report released on March 27. Coinfirm, а London–based […]
Continue ReadingSwiss president Ueli Maurer has stressed that regulation for the blockchain sector should be fast and clear. The president of the Swiss Confederation, Ueli Maurer, has stressed that establishing regulation for the blockchain sector should be fast and clear. Maurer made his remarks at the CV Crypto Valley Summit in Zug on Wednesday, according to […]
Continue ReadingSwitzerland-based KRONN Ventures AG and Vietnamese distribution company Linh Thanh Group will jointly launch a crypto exchange. Vietnam’s largest distribution company Linh Thanh Group has signed a memorandum of understanding (MOU) with Swiss blockchain company KRONN Ventures AG to establish a cryptocurrency exchange, according to a press release published on March 22. The collaboration is […]
Continue ReadingThe Technology Advisory Committee of the CFTC discussed reports on crypto regulation and distributed ledger technology in a recent meeting. The Technology Advisory Committee of the United States Commodity Futures Trading Commission (CFTC) discussed crypto regulation and distributed ledger technology (DLT) adoption during a meeting on Wednesday, March 27. The committee discussed various reports on […]
Continue ReadingThe Swiss Financial Market Supervisory Authority has concluded that crypto firm Envion’s $90 million ICO in January 2018 was unlawful. The Swiss Financial Market Supervisory Authority (FINMA) has finished enforcement proceedings against crypto mining firm Envion AG, the authority announced on March 27. As a result of the investigation launched in July 2018, FINMA concluded […]
Continue Readingsponsored A broker aims to become the go-to destination for the new generation of mobile-first traders and to create a community where users can exchange insights and strategies. A contract-for-difference (CFD) broker says its platform is one of the first to operate in both crypto and fiat currencies — with a simple interface that’s designed […]
Continue Reading
As announced in late 2018, the Swiss Federal Council proposed specific adjustments in the existing federal law for the blockchain industry. The Swiss Federal Council has started its consultation period on the adaptation of federal law for blockchain development, according to an official press release published on March 22. By initiating the consultation, the Federal […]
Continue Reading
Switzerland’s Federal Assembly has approved proposals to instruct lawmakers on cryptocurrency regulation. The legislative body of the Swiss government, the Federal Assembly, has approved a motion to instruct the Federal Council to adapt existing legislation for cryptocurrency regulation. Coitelegraph auf Deutsch reported on the development on March 20. The motion introduced by Liberal assemblyman Giovanni […]
Continue Reading