Alternative Investments as the path to Success with Pendulom Capital
Paterson explained that living in our digital environment, a person’s first entry point into investment is likely to be alternative investments through digital platforms, without the hassles of traditional investments such as filling forms, lack of transparency, and high transaction fees. He also noted that after observing the younger generation and their investment habits, most […]
China to expand blockchain pilot, study forex reforms for cryptocurrency: regulator
China will expand the scope of its blockchain cross-border financing pilot platform, a senior official at the country’s foreign exchange regulator said on Tuesday. Lu Lei, deputy head of the State Administration of Foreign Exchange (SAFE) make his remarks at a forum in Beijing, where he said the regulator will strengthen the integration of fintech […]
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 […]
Nordea Wins Danish Court Battle to Ban Staff Trading in Bitcoin
Nordea Bank is free to prevent its employees from investing in Bitcoin and other cryptocurrencies in their own time, a Danish court ruled. The risks associated with cryptocurrencies justify the restriction, according to a verdict published on the Copenhagen-based court’s website late Monday. Denmark’s union for financial industry employees had filed suit against Nordea, saying […]
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 […]
Sichuan beckons power-hungry cryptocurrency miners to the home of the pandas with cheap and plentiful hydroelectricity
Cryptocurrency miners could increasingly be drawn to the Chinese province of Sichuan, potentially boosting trading demand for bitcoin from China, as the local government heeds a call by President Xi Jinping to step up blockchain development. Xi told the Communist Party’s Central Committee last week that China should expedite the development of blockchain technology and […]
Kraken Launches WebSockets Private API
The Kraken WebSockets Private API is live! The first two messages of the Private API are now available to all Kraken clients after having been in beta-only access since October 1. Kraken’s WebSockets API (Application Program Interface) provides a faster, more efficient interface for technically-minded clients who build software applications for trading and accessing market […]
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 […]
Art on blockchain pioneer Verisart raises $2.5M for art and collectibles certification
A lot of talk has been made about verifying valuable items on an immutable blockchain, but the main pioneer in this space has been Verisart, which appeared a few years ago to use a blockchain to create certification for the fine art and collectibles market. But despite the blockchain hype of the last few years, […]
Santander InnoVentures, MUFG, and Nomura Holdings back Securitize in US$14M fundraise
Securitize, the trusted global solution for issuing and managing compliant digital securities on the blockchain, has secured a US$14M strategic fundraise with backers that include three of the world’s largest banks – Banco Santander through its venture capital arm (Santander InnoVentures), MUFG via its wholly-owned corporate venture capital subsidiary (MUFG Innovation Partners), and Nomura Holdings […]