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EU Regulator: legal uncertainty still faced by DLT in trade finance

An EU banking regulator has published a new report exploring the benefits and risks associated with the use of distributed ledger technology (DLT) in finance. In a report published on Tuesday that discusses the rising trend of financial technology, the European Banking Authority (EBA) highlighted two banking-related use cases of blockchain: cross-border trade finance and дальше »

2018-7-4 19:43


Canadian Securities Commission: Currently half a million moderate moderators hold crypto

Finance A study by the Ontario Securities Commission reveals that over half a million people, 5 percent of Ontario residents, currently own cryptocurrencies. Japan Confirms Entrance Into the Crypto Space 5% of Ontarians Have Crypto The Ontario Securities Commission (OSC) published a study last week entitled “Taking Caution: Financial Consumers and the Cryptoasset Sector.” The report describes: дальше »

2018-7-2 08:35


Israel Cryptocurrency Broker Bits of Gold Eyes Switzerland and Gibraltar

Israel-based cryptocurrency brokerage firm Bits of Gold is considering establishing a presence in Europe in the near future, according to a report from Finance Magnates. Tomer Niv, the Chief Growth Officer for Bits of Gold, told Finance Magnates that the company is actively exploring opportunities in Europe. Bits of Gold is particularly focusing on Gibraltar […] дальше »

2018-6-30 01:16


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Blockchain Remittance Corridor Opened to Philippines by AlipayHK

Ant Finance, the payment affiliate of Chinese e-commerce giant Alibaba, has launched a blockchain-based cross-border settlement service for consumers. According to a local news report, Ant Finance announced the blockchain remittance service at a press conference in Hong Kong on Monday, saying it will initially be rolled out for consumers sending funds between Hong Kong дальше »

2018-6-25 17:03


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Korean Government to Lead 6 Blockchain Pilots With $9 Million Finance

The South Korean government will invest 10 billion Korean won (or $9 million) to support blockchain development in the country, with plans to carry out six pilots using blockchain technology. According to a report from CoinDesk Korea, the country’s Ministry of Science and ICT published a blockchain development strategy on Thursday. The agency said the government plans to дальше »

2018-6-22 11:53


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JD.com finance funds to issue asset debit securities on a blockchain

JD Finance, a subsidiary of Chinese e-commerce giant JD.com, announced on Wednesday that it is planning to issue asset-backed securities (ABSs) on a blockchain. According to a report from the Securities Times, an outlet of the China Securities Regulatory Commission, JD Finance established the trial in partnership with Huatai Securities, a brokerage firm that will underwrite the дальше »

2018-6-13 13:53


Canadian Exchanges Reports Transactions Over $10k per Proposed Regulations

Once the proposed regulations are implemented, every transaction above $10,000 CAD will have to be reported. Also Read: Bitcoin in Brief Monday: Korean Exchange Hack Takes a Toll on Crypto Markets Crypto Exchanges to Report as MSBs The Department of Finance Canada has issued a Regulatory Impact Analysis Statement regarding proposed amendments to the country’s AML/ATF дальше »

2018-6-12 02:07