BitGo Expands Its Custody Service, Adds 57 Ethereum Tokens
Buoyed by the increasing number of institutional investors, BitGo is expanding its suite of custody products and services to support 57 new Ethereum assets.
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CryptoCurrency
FINRA Requests That Members Share Their Crypto Activities
Whether a member holds or mines cryptocurrencies, or plans to create a crypto trading platform, they must share the information with FINRA first.
‘Burn in Hell’ Says Vitalik Buterin to Centralized Cryptocurrency Exchange Platforms
In an interview with a TechCrunch journalist, Vitalik Buterin (the Ethereum platform creator) said that he personally hopes “centralized exchanges burn in hell.”
FedEx’s New Partnership to Use Blockchain to Distribute Medicine to Cancer Patients
FedEx has announced its new partnership with Memphis-based Good Shepherd Pharmacy with a view to using Blockchain technology in the medical supply chain. The new initiative will help better…
Crypto Exchange Platform Binance Expects to Make a Net Profit of $1 Billion in 2018
Although Bitcoin has lost more than 50 percent of its value since late last year, crypto exchanges are thriving. In fact, the world’s largest crypto exchange, Binance, is looking to earn…
Swiss Stock Exchange Six, Develops DLT-Based Exchange to Tokenize Digital Assets
The main Swiss stock exchange has revealed that it is building a blockchain-based platform for digital asset trading, settlement and custody service to be launched in 2019.
Romanian Authorities Draft a Bill to Regulate Issuance of Electronic Money
Romania is the latest European country that is seeking to regulate the cryptocurrency market. The government has released a draft Emergency Ordinance, which seeks to regulate the issuance of…
Speed Trader Introduces Crypto ETNs, Ignores Regulator Warnings
Flow Traders CEO said, "People underestimate crypto. It’s big, and it is to be regulated very soon. The market participants are much more professional than people think."
Bitmain Closes Series B Round Funding With a Valuation of $12 Billion
Recent reports indicate that Bitmain (a leading firm that manufacturers mining hardware) has successfully closed a Series B funding round, with a $12 billion valuation.
Bank of International Settlements Head: “Stop Trying to Create Money!”
The new head of the Bank of International Settlements (BIS), Agustin Carstens, gave an interview to Swiss publication Basler Zeitung at the end of June. As reported in the publication, his…
Russia’s Sberbank CEO Doesn’t Believe Crypto Will Replace Cash
However, Herman Gref has said that he doesn't believe in restricting technological innovation in the areas of blockchain and crypto.
Block.One’s $1Billion EOS Venture Capital Division to be Led by Former CEO of Jefferies Asia
Michael Alexander leaves Jefferies Asia after an 8-year career in the Asian capital markets to start work as the new head of the $1billion EOS Venture capital division.
President Of Uzbekistan Takes a Stand on Blockchain Integration by Signing a Decree on Tax Exclusion…
As governments struggle to get their heads around the blockchain technology and its effectiveness in government operations, Uzbekistan is taking action head on. It has recently made public…
EU Regulators See Blockchain as a Viable Identity and Cross-Border Trading Solution
The European Banking Authority has published a report that indicates the potential risks as well as benefits of DLTs. At this time, European banks on IBM's blockchain are performing…
Malta, World’s Friendliest Crypto Jurisdiction, Plans to Pass Three Crypto Bills
Reports indicate that Malta’s parliament is on course to approve three bills that will address cryptocurrency and blockchain related businesses. According to Joseph Muscat (Malta's prime…