Sweden’s Central Bank Says to Launch Cryptocurrency Pilot Project
Sweden’s central bank said on Friday it would sign a deal with consultancy firm Accenture to create a pilot platform for a digital currency, known as the e-krona. “The primary objective of the e-krona pilot project is to broaden the bank’s understanding of the technological possibilities for the e-krona,” the Riksbank said in a statement. […]
New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments
The draft law on the prevention of the legalization of proceeds from crime and the financing of terrorism and weapons of mass destruction proliferation was supported by a significant majority in the Rada. The bill was amended to incorporate “virtual assets” which have been described as property and as a digital expression of value that […]
Huobi Announces the First International Blockchain Forum Approved by China
In partnership with the Department of Industry and Information of Hainan Province and the Hainan Resort Software Community, Huobi Group today announced the ‘Hainan Free Trade Port International Cooperation Forum on Digital Economy and Blockchain,’ a global gathering of top government officials being held on December 5th and 6th at the Ritz Carlton and Renaissance Hotel in Haikou, Hainan Province, China. As a […]
Bitfinex Announces Strategic Collaboration with ODEM to Expand Cryptocurrency and Blockchain Education
ODEM SA and Bitfinex, a state-of-the-art digital asset platform, are excited to announce a strategic cooperation introducing a new model of education on the role of digital tokens in the blockchain-enabled economy. The idea is to provide an innovative token transaction simulation model, designed and operated by ODEM, using Bitfinex as its premier liquidity platform. Together, they will […]
Bank of Lithuania pits IBM against Tieto for new blockchain project
The Bank of Lithuania has chosen IBM and Tieto as finalists in its LBChain technology project aimed at creating a new blockchain-based platform. Both vendors will advance to the final stages of the testing phase, with the winner due to be announced later this year. The central bank has also issued a call to fintechs […]
What Kills Crypto Projects: Analyzing Deadcoins
With Halloween approaching, it seems like an appropriate moment to take a peek into the crypto industry’s graveyard. Even in an industry as young as crypto, plenty of projects have already died, and sites like Coinopsy and DeadCoins are providing crowd-sourced autopsy reports. Just for fun, we did some digging into Coinopsy’s data to learn […]
Former CFTC chair and ‘Crypto Dad’ says 2019 is the year to get serious about crypto policy
Former CFTC Chairman Christopher “Crypto Dad” Giancarlo left his role at the regulator this summer, but now he’s stepping even further into the crypto world. Now as a board member for the Chamber of Digital Commerce, Giancarlo is using his expertise to further policy talks across the board, not just on a CFTC/SEC level. Giancarlo […]
SE Digital keen to democratise Thai financial markets as the official ICO Portal
SE Digital Co., Ltd. (SE Digital), a subsidiary of a leading Thai financial services firm, Seamico Securities Plc (ZMICO), has officially obtained approval from the Securities and Exchange Commission (SEC) to fully operate in Thailand as an Initial Coin Offering (ICO) Portal. Its inaugural ICO Portal operation will mark the official beginning of the regulated […]
BeNative Launches Bitcoin Incentive System for English Learners
BeNative has more than 600,000 users from 180 countries all around the world. There are video contents as learning material with global business leaders, such as Google, Facebook, etc, appeared in. BeNative has been launched their business globally through SMATOOS Inc., the headquarter based in Korea, followed by other foreign corporate branches in Japan, Hongkong, […]
Pixsy acquires blockchain-based copyright platform Binded.com
Pixsy, Inc. announced that it will acquire blockchain-based copyright registration platform Binded.com, strengthening its image protection offerings for a wider community of users (terms of the transactions were not disclosed). The acquisition bolsters Pixsy’s market-leading position in image protection and gives the Binded community access to Pixsy’s full suite of copyright management tools, including Register, […]
Paxos Launches PAX Gold: Physical Gold on the Blockchain
Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, today launched PAX Gold (Ethereum ticker: PAXG), the first crypto-asset redeemable for physical gold. The New York State Department of Financial Services (NYDFS) has approved Paxos to issue PAX Gold, making PAX Gold the first regulated digital gold product. PAX Gold is an asset-backed digital […]
China says new digital currency will be like Facebook’s Libra
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director of the People’s Bank of China’s payments department, said the development of the coin would help […]
Cryptocurrency Wizard Arrested in B500m Fraud Case
A 48-year-old man wanted for his role in an alleged 500 million baht cryptocurrency exchange fraud was arrested in Bangkok on Wednesday evening. Mana Jumuang was arrested while playing football at a field on Rama IX Road in Huai Khwang district, Pol Maj Gen Jiraphop Phuridet, commander of the Crime Suppression Division, said on Thurday. […]
Retail Investors Increase Gold & Bitcoin Positions as US/China Trade War Escalates
Data from global multi-asset investment platform eToro shows retail investors are opening more gold and bitcoin positions on news announcements of an escalating US/China trade war. Investors typically pile into gold as a natural hedge against macro economic unrest and data shows a correlation between the number of gold and bitcoin positions on its platform. […]
New Ways to Spend Bitcoin with your Blockchain Wallet
What can you buy with crypto? It’s been a common question since bitcoin bought two pizzas back in 2010. Giving people the ability to spend their bitcoins when they are on the go has always been one of the core functionalities of the Blockchain Wallet. And today, spending crypto from your phone or online is […]
SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets
The Securities and Exchange Commission announced today that Russian entity ICO Rating has agreed to pay $268,998 to settle charges that it failed to disclose payments received from issuers for publicizing their digital asset securities offerings. The SEC’s order found that between December 2017 and July 2018, ICO Rating produced research reports and ratings of […]
Rakuten Wallet Launches Spot Trading Services for Crypto Assets
Rakuten Wallet, Inc., a consolidated subsidiary of Rakuten Group and operator of a crypto asset (virtual currency) exchange business, announced that today it has launched a spot trading service for crypto assets in which users can conduct spot trading of crypto assets through a dedicated smartphone app*1. The app will initially be released on Android, […]
NULS Takes Tokens from Conception to College with New Staking Model
NULS, the adaptive blockchain solution for enterprise, has successfully tested a new staking service, staked coin output (SCO), with project Aleph, a cross-blockchain layer-2 network. This staking service applies a new type of reward model in which community members of NULS can stake tokens to receive tokens from other projects building on the NULS platform. […]
