July 22, 2018 @ 4:18 pm By JD Alois  |  

  A report in Ibena from last week indicates that the US government is confiscating Bitcoins held by Iranians and the confiscation is ongoing. According to Sepehr Mohammadi from the Iranian Blockchain Community, the US has seized 500 bitcoins or more. In May of this year,… Read More

July 22, 2018 @ 3:13 pm By JD Alois  |  

Last week the subcommittee on Monetary Policy, part of the powerful House Financial Services Committee, held a hearing entitled “The Future of Money: Digital Currency.” This is not the first Congressional committee to tackle this emerging sector of Fintech and there will certainly be many more… Read More

July 22, 2018 @ 2:15 pm By JD Alois  |  

JPMorgan was in the news this week for a move than can only be described as crypto positive. A patent filed by JPM some months ago has just percolated up on the US Patent database.  According to the filing JPM is seeking “Systems and methods… Read More

July 21, 2018 @ 2:36 pm By JD Alois  |  

The Financial Stability Board (FSB) published a report on crypto-assets, including cryptocurrency and blockchain based securities, last week. The document is being presented to the G20. The document is a byproduct of the G20 meeting which took place in Buenos Aires in March. The member… Read More

July 21, 2018 @ 2:14 pm By JD Alois  |  

The emergence of cryptocurrency and initial coin offerings has helped to bring Switzerland back into the lime light when it comes to financial services. Once a noted haven for “numbered” bank accounts and strict anonymity rules, the Swiss banking industry has dimmed in recent years… Read More

July 20, 2018 @ 10:49 pm By Samantha Hurst  |  

CopPay, a multicryptocurrency payment platform for businesses, consumers, and community, announced on Friday that Samsung will be using its platform to accept cryptocurrency for three Baltic States, which are Tallinn, Riga, Vilnius, and Kaunas. Those living in those areas will now be able to purchase… Read More

July 20, 2018 @ 1:00 pm By Samantha Hurst  |  

UBIVELOX (089850), the KRX-listed company and manufacturer of smart cards, announced on Friday its entry into the cryptocurrency market after forming a new strategic alliance with Pundi X, a developer of a blockchain-based point-of-sale (POS) solution. According to the duo, UBIVELOX will support the deployment… Read More

July 20, 2018 @ 10:32 am By JD Alois  |  

NOON Capital, a company with offices in Singapore and Thailand, is getting into the business of real estate on blockchain. While not the first entity to securitize investments in real estate, NOON says they are the first in Southeast Asia. According to their web site;… Read More

July 20, 2018 @ 9:21 am By JD Alois  |  

Earlier this week, the Subcommittee on Monetary Policy, part of the House Financial Services Committee, held a hearing on the future of money that addressed the rise in prominence of cryptocurrency. While some members of Congress remain supportive of crypto and Fintech in general, others… Read More

July 20, 2018 @ 8:23 am By Samantha Hurst  |  

On Friday, BBVA announced it has signed a €100-million-euro long-term bilateral corporate loan with ACS, which will be used for financial general needs. According to BBVA, the deal shows that BBVA Corporate and Investment Banking is continuing to focus on an innovative financing model for… Read More

July 19, 2018 @ 10:50 pm By Samantha Hurst  |  

PayStand, the blockchain-based, B2B payments company reinventing commercial finance, today announced that it is partnering with Silicon Valley Bank and First Data in Class 8 of Commerce.Innovated., an accelerator program focused on growth and innovation in finance. According to PayStand, Commerce. Innovated is designed to help… Read More

July 19, 2018 @ 10:41 pm By Samantha Hurst  |  

Ernst & Young LLP (EY) announced on Thursday it has acquired technology assets and related patents from Elevated Consciousness, Inc., a U.S. startup focused on developing unique solutions for the crypto-asset ecosystem. EY reported that the acquisition is part of its strategy to expand blockchain-related… Read More

July 19, 2018 @ 10:20 pm By Cali Haan  |  

The online publication Vietnam News is reporting that the Government of Vietnam has moved one step closer towards banning crypto mining machine imports in the country, after the State Bank of Vietnam (SBV) agreed to support a proposal from the Vietnamese Ministry of Industry and… Read More

July 19, 2018 @ 8:45 pm By JD Alois  |  

Is EOS the hottest thing in crypto since Bitcoin? I don’t know, but EOS creator Block.One raise a ton of money in their ICO and now that they have sufficient traditional money they are executing on their vision of being the next big thing in… Read More

July 19, 2018 @ 8:19 pm By Cali Haan  |  

Torrential rains in the mountainous Chinese province of Sichuan during late June caused loss of life, landslides, crop damage, the forced relocation of 9000 people, and at least 193 million yuan ($30 million) in economic losses. Global technicians also noticed a 30% concurrent drop in… Read More

July 19, 2018 @ 5:58 pm By JD Alois  |  

Binance, one of the largest cryptocurrency exchanges in the world, is backing the Malta Stock Exchange Fintech Accelerator Program. An exact amount of funding was not provided. The “MSX Fintech  Accelerator” will promote an ecosystem that supports and mentors Fintech startups including those geared towards… Read More

July 19, 2018 @ 4:19 pm By JD Alois  |  

StartEngine. a full stack crowdfunding platform including ICOs, is now accepting Bitcoin. StartEngine becomes the first FINRA approved Reg CF funding portal to accept cryptocurrency from investors. The addition of Bitcoin is just further indication of the merging of the two sectors of more traditional… Read More

July 19, 2018 @ 3:40 pm By JD Alois  |  

tZero, a subsidiary of Overstock (NASDAQ:OSTK) has extended its ongoing security token offering for individual investors until August 6, 2018. The announcement was shared in an email signed by tZero CEO Saum Noursalehi. tZero indicated the move to extend the offering was due to ongoing… Read More

July 19, 2018 @ 2:01 pm By JD Alois  |  

While John McAfee was first known as a trailblazer in the anti-virus / anti-malware software industry, he has had a bit of a renaissance of sorts in the cryptocurrency realm. Never one to mince his words, via his twitter account McAfee stated he sees a… Read More

July 19, 2018 @ 1:00 pm By Samantha Hurst  |  

Mastercard has reportedly been granted a patent to link cryptocurrency with Fiat accounts. According to its filing, the patent was created to manage fractional reserves of blockchain currency comprising: storing, in a first central account, at least a fiat amount associated with a fiat currency.  The company reported:… Read More