Business News

Banking

Crypto Exchange CEX.io Boosts US Push With Silvergate’s Payment Network

U.K.-based crypto exchange CEX.io says it's joined the Silvergate Exchange Network, the payment rail of the go-to bank for crypto in the U.S..

Business  ·  7 November 2019
Security Tokens

Leading Japanese Firms Partner on Security Token Research

MUFG launched a 22-member research consortium of security issuers, broker dealers and tech companies to set standards for security token management.

Business  ·  6 November 2019
Square

First-Time Bitcoin Buyers ‘Doubled’ in Square’s Q3 Report

Square processed $148 million in bitcoin sales in the third quarter of 2019.

Business  ·  6 November 2019
Gold

Tradewind, Canadian Mint to Verify Origins of Precious Metals on Blockchain

Tradewind Markets is tracking the geography, name and standards of mines that produce precious metals for the Royal Canadian Mint.

Business  ·  5 November 2019
Supply Chain

Coca-Cola Supply Chain Firm Expands Blockchain Effort to 70 Partners

The firm organizing Coca-Cola's bottle manufacturing and distribution is scaling up its blockchain pilot after finding early benefits.

Business  ·  5 November 2019
Regulation

US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies

The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.

Policy & regulation  ·  4 November 2019
India

India’s Defense Minister Touts Blockchain, AI Role in Warfare

India's defense minister Rajnath Singh highlighted the potential use of blockchain technology in the defense industry on Monday.

Business  ·  4 November 2019
Ethereum

Microsoft Unveils Platform for Minting Enterprise-Ready Crypto Tokens

Microsoft has revealed a new platform aimed to make building blockchain tokens in the cloud as easy as plugging in a printer.

Business  ·  4 November 2019
Europe

UK Tax Authority Issues Crypto Guidance for Businesses

After clarifying how individual taxpayers should deal with cryptos last year, the U.K.'s HMRC has now issued guidance for enterprises.

Policy & regulation  ·  4 November 2019
Exchanges

Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit

Gregg Bennett had never heard of SIM swapping before. Then, one night in April, he learned in the worst way one can.

Policy & regulation  ·  4 November 2019
China

Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China

After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.

Business  ·  1 November 2019
Regulation

Harbor Now Has Both Broker-Dealer and Transfer Agent Licenses in the US

Security token startup Harbor has been granted a transfer agent license by the SEC, a month after getting the green light from the CFTC.

Policy & regulation  ·  1 November 2019
Exchanges

Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa

Huobi Cloud has announced its plan to provide local financial institutions with white-label exchange services in the Middle East and Africa.

Business  ·  1 November 2019
Europe

Pre-Brexit, Koine Wins E-Money License From UK’s FCA, Now Seeking Luxembourg, UAE, US Permissions

Digital asset custodian Koine secured an e-money license from U.K. regulators, while it now looks abroad to prepare for a future Brexit.

Business  ·  31 October 2019
Regulation

UK Banking Pilot Aims to Streamline Compliance Using Factom Blockchain

Crypto startup Knabu is launching a 30-day pilot today to put regulatory reporting on the blockchain.

Policy & regulation  ·  31 October 2019