With the 2019 holiday season set to kick off in a couple of weeks, global blockchain payments provider BitPay announced that users may now purchase UK gift cards with the BitPay mobile app. According to BitPay, users may now use their crypto to purchase cards… Read More
Tagged bitpay, cryptocurrency, digital currency, gift cards, uk, united kingdom
Findora, a confidential and compliant network protocol that allows users to securely transfer financial assets, recently appointed Joon Bhang as the company’s head of North Asia operations. Bhang will be responsible for developing relationships with large financial institutions, corporations, and government agencies as Findora continue… Read More
Tagged Confidential Transactions, findora, Head of US Operations, Joon Bhang, New Appointment
The Financial Action Task Force (FATF) stated on October 18 that stablecoins pose a money laundering and a terrorism financing threat to the world. The intergovernmental organization considers cryptocurrencies to be a “major strategic initiative.” In documents published following its latest meeting, the FATF noted… Read More
Tagged crypto-assets, digital assets, fatf, financial action task force, guidance, stablecoins
Nir Kshetri, a professor of management at the University of North Carolina, says that there are some major issues that must be addressed before blockchain-enabled voting can be carried out in a safe and trustworthy manner. Kshetri noted that “small-scale tests run so far have… Read More
Tagged identity verification, Nir Kshetri, university of north carolina, voting
A group of automobile manufacturers will reportedly be testing a blockchain-enabled vehicle identification network in November. According to the Nikkei Asian Review, BMW, General Motors, Honda, Ford and Renault have partnered with the Mobility Open Blockchain Initiative (MOBI) in order to develop a system that… Read More
Tagged bmw, ford, general motors, honda, mobi, mobility open blockchain initiative, payments, Renault, self-driving cars
The US District Court for the Southern District of New York postponed the hearing regarding the Securities and Exchange Commission’s (SEC) injunction filing against London-based encrypted messaging service provider Telegram. The hearing has been scheduled to take place on February 18–19, 2020. Telegram’s management had… Read More
Tagged enforcement, gram, ico, initial coin offering, sec, securities and exchange commission, telegram
The Singapore division of CIMB Bank Berhad carried out a structured trade finance transaction on a blockchain-based and internet of things (IoT) platform, developed by iTrust. The transaction reportedly involved the financing of Chinese imported dairy products and may generate yearly transaction flows of approximately… Read More
Tagged blockchain, CIMB Group, internet of things, iot, iTrust, Lim Chee Kean, mak lye mun, singapore, trade finance
Fidelity Digital Asset Services (FDAS) is “now engaged in a full rollout” of custody and trading services for crypto assets. Boston, Massachusetts-based Fidelity Investments, a multinational financial services firm with over $2.8 trillion in assets under management, is expanding its crypto platform from the limited… Read More
Bittrex International, the Malta-based international division of the US-headquartered digital asset exchange Bittrex, will reportedly halt operations in Venezuela and 30 other nations. Bittrex’s management sent an email to its Venezuelan customers, noting that the exchange operator would suspend accounts and trading access to the… Read More
Tagged bitcoin, bittrex international, crypto trading, venezuela
The 2019 Global Fintech Venture Competition Launched in Beijing On October 12th, the “2019 Global Fintech Venture Competition” (hereinafter referred to as “the Venture Competition”) was officially launched at the WDK Fintech Exchange Center in Beijing. The Venture Competition is a high-level fintech competition initiated… Read More
Tagged alipay, ant financial, china, esign, payments, tenpay, weiyangx, xu gao
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