Business News

Payments

SpankChain Launches Crypto Payments Service for Adult Content Providers

Adult industry-oriented blockchain project SpankChain has launched a crypto payments platform called, of course, SpankPay.

Business  ·  1 August 2019
Banking

Investors Can Now Trade Ether and British Pounds on the Same Blockchain

LAB577, a team of ex-Royal Bank of Scotland engineers, has built a system for settling crypto and fiat trades on R3's Corda Network.

Business  ·  1 August 2019
Dapper Labs

NBA and ‘CryptoKitties’ Creator Team Up to Launch In-Game Collectables

You can now buy in-season highlights from the NBA's biggest stars via the creators of CryptoKitties.

Business  ·  31 July 2019
Acquisitions

Kraken Boosts Institutional Offerings With Acquisition of Dan Held’s Interchange

Cryptocurrency exchange Kraken has acquired Interchange, a startup offering a way for institutional investors to better manage their portfolios.

Business  ·  31 July 2019
Russia

Airline’s Blockchain Ticketing Platform Sees $1 Million in July Sales

Russia's second largest airline is touting the benefits of blockchain after a ticketing platform it developed raked in over $1 million in a month.

Business  ·  31 July 2019
Funding Rounds

Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala

Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group.

Business  ·  31 July 2019
Regulation

UK Finance Watchdog Issues Guidance on Regulation for Bitcoin and Crypto Assets

The U.K.'s Financial Conduct Authority has finalized its guidance on crypto assets following a consultation which began in January.

Policy & regulation  ·  31 July 2019
Insurance

Blockchain Insurance Group B3i Launches First Product on R3’s Corda

B3i, a consortium startup working to use blockchain tech in the insurance industry, has launched its first product on R3's Corda platform.

Policy & regulation  ·  31 July 2019
IPOs

Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report

Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources.

Business  ·  31 July 2019
Banking

Philippines’ UnionBank Launches Stablecoin, Conducts Country’s First Bank Blockchain Transaction

The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.

Business  ·  30 July 2019
Security

Firearm Firm Wins Patent for Integrating Blockchain into ‘Black Box’ for Guns

A new solution adds a blockchain-based recording system to firearms.

Policy & regulation  ·  30 July 2019
Exchanges

Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King

Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.

Business  ·  30 July 2019
Capital Markets

Crypto Trader XBTOI Wins Bermuda License

Crypto finance solutions may be finding lower regulatory hurdles abroad as one of the most venerable exchanges takes to the islands.

Business  ·  30 July 2019
Exchanges

Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class

Circle CEO Jeremy Allaire calls for Congress to treat digital assets as their own asset class in testimony for Tuesday's Senate Banking hearing.

Policy & regulation  ·  29 July 2019
Exchanges

Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator

Aximetria, a firm offering a personal finance app for fiat and cryptocurrencies, has been awarded a financial intermediary license in Switzerland.

Policy & regulation  ·  29 July 2019