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Swiss Data Commissioner Awaiting Information Request Response from Facebook’s Libra Project

The Swiss Federal Data Protection and Information Commissioner (FDPIC) is still awaiting additional requested information from Facebook’s cryptocurrency project Libra reports Reuters, July 23, 2019. This Time, It’s The Swiss Libra is Facebook’s endeavor into the cryptocurrency industry, which it announced just over a month ago, has been subject to mountains of scrutiny and debate,Read MoreRead More. дальше »

2019-7-24 13:00


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Philippines: Union Bank Facilitates First Blockchain-Based Remittance 

Union Bank of the Philippines has joined forces with OCBC Bank of Singapore to facilitate a cross-border transfer from Singapore to the Philippines using the Ethereum-powered Adhara liquidity management, and international payments platform its (Unionbank) proprietary i21 platform, reports local news source Fintech Singapore on July 23, 2019. дальше »

2019-7-24 01:00


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India: Government Committee Recommends Cryptocurrency Ban

Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »

2019-7-23 20:33


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Malta Releases Fresh Consultation Paper for Security Token Offerings

The Malta Financial Services Authority (MFSA) released a new consultation paper published July 19, 2019. first of many crucial steps to adjust the capital market according to their Vision 2021. Why now? The timing of this new consulting paper couldn’t have come at a better time with the recent announcement of EFFORCE, a new blockchainRead MoreRead More. дальше »

2019-7-21 20:00


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Bank of America Patent Displays use of Ripple Ledger

A now publicly available patent from Bank of America (BofA) has revealed a system of real-time settlement that utilizes the Ripple ledger for inter currency transactions, July 20, 2019. Huge Breakthrough for Ripple Bank of America’s patent reveals the exclusive usage of the Ripple ledger to improve efficiency and cost-effectiveness of transactions as well asRead MoreRead More. дальше »

2019-7-21 11:51


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South Korean Heavyweights KT and NDS are Developing a Blockchain-Based Food Safety System

According to a post published on July 18, 2019, KT (formerly Korea Telecom), South Korea’s largest telephone company, and Nongshim Data System (NDS) an IT affiliate of the food and beverage company, signed an agreement to develop a blockchain-based food safety record system, once again expanding their blockchain services. дальше »

2019-7-20 23:00


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Reddit Co-Founder Ohanian Leads Seed Round for Blockchain Gaming Startup Horizon

According to a post published July 17, 2019 on BusinessWire, the video game studio and blockchain infrastructure company Horizon Blockchain Games (Horizon) raised $3. 75 million in a seed round, led by Reddit co-founder Alexis Ohanian’s venture fund, Initialized, with participation from Golden Ventures, Polychain, Coinbase, Digital Currency Group, and Inovia Capital. дальше »

2019-7-18 19:00


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German Minister Calls for Close Monitoring of the Cryptocurrency Sector

A German minister has recently called on regulators to pay attention to the cryptocurrency industry, including Facebook’s Libra. According to a report by Reuters on July 16, 2019, the minister said that regulators should ensure that the nascent industry doesn’t threaten the stability of the financial sector Governments Increasingly Wary of Cryptos Since the adventRead MoreRead More. дальше »

2019-7-18 15:00