Switzerland-based fintech firm X8 AG has received a certification from the Shariyah Review Bureau for its ETH-based stablecoin. Switzerland-based fintech firm X8 AG has received a certification from the Shariyah Review Bureau (SRB) for its Ethereum-based stablecoin, Reuters U.K. reports Nov. 12. SRB is a leading Sharia consultancy and audit firm licensed by the central […]
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sponsored i-House.com has revealed its plans to create a global real estate marketplace that combines blockchain technology with traditional real estate methods. The real estate industry has seen significant growth since the recession. With market prices predicted to increase along with millennial demand in 2019, the industry is as welcoming as ever. Although the market […]
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A recent report by Forrester Research found that companies are stopping to use the word “blockchain” in favor of “DLT,” as they feel the word is overhyped. A new report from Forrester Research states that some companies are stopping to use the term “blockchain” because they think it is overhyped, business magazine Fortune reported Nov. […]
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China’s central bank, the People’s Bank of China (PBoC), has warned of “bubbles” in blockchain-related financing and investment. China’s central bank, the People’s Bank of China (PBoC), has warned of “bubbles” in blockchain-related financing and investment, Reuters reported Nov. 6. The PBoC, which is known for its anti-cryptocurrency stance, has reportedly advised that the government […]
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Blockchain adoption in the field of precious metals. This week, two major news within the precious metals industry broke. First, the world’s largest diamond company, Russia’s Alrosa, joined a blockchain project aimed at increasing transparency. Secondly, the world’s largest bank, JPMorgan, reportedly started to use its blockchain to tokenize gold. Indeed, blockchain has been pioneering […]
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South Korean crypto exchange Bithumb has reportedly signed an agreement with an American fintech firm to open a security token exchange in the U.S. Major South Korean cryptocurrency exchange Bithumb has reportedly signed a deal with an American fintech firm in an effort to open a securities token exchange in the U.S., South Korean Yonhap […]
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Japanese IT firm Fujitsu will develop the basis of a trial settlements system using an unknown digital currency to move funds. Japanese multinational IT equipment and services company Fujitsu will build an interbank settlement platform using blockchain technology as part of a joint project with nine domestic banks, Cointelegraph Japan reported Monday, Oct. 29. Aiming […]
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U.S. blockchain security and crypto wallet firm BitGo announced the development of ERC-20 token Wrapped Bitcoin, which will be fully backed 1:1 with bitcoins U.S. crypto wallet and blockchain security firm BitGo has announced the development of an Ethereum (ETH)-based coin backed 1:1 with Bitcoin (BTC), according to an official blog post Friday, Oct. 26. […]
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North Korea has allegedly backed at least two scam coins this year, according to a recent report by a U.S. security firm. According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins. In the report entitled “Shifting Patterns in […]
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Switzerland’s Capital Markets and Technology Association (CMTA) has published new anti-money laundering standards for digital assets and DLT in the financial market. The Switzerland-based Capital Markets and Technology Association (CMTA) has published new anti-money-laundering (AML) standards for digital assets and distributed ledger technologies (DLT) Oct. 18. CMTA is a non-profit, independent association established in Geneva […]
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