EU: New AML Directive Could Allow Banks to Play with Bitcoin
Europe might be officially offering cryptocurrency and other digital assets directly through their local banking network as soon as 2020, according to German officials. While it is too...
Market
HSBC Plans on ‘Tokenizing’ $20bn Worth of Paper Assets using Blockchain
British banking giant HSBC is planning to 'tokenize' $20 billion worth of paper assets using a new blockchain-based custody platform called 'Digital Vault', in what Reuters dubs as...
Blockchain and The Food Industry Could be a Powerful Combination
In a recent report called “Blockchain: Key Vertical Opportunities, Trends & Challenges 2019-2030," it has been found that blockchain and the internet of things in combination with each...
Class Action Complaint Launched Against Tether and Bitfinex
What is Tether? In 2014, Tether became the first blockchain cryptocurrency platform to allow traditional currencies to become tokenized. This enabled users to be able to easily transact...
Gemini Exchange Makes First Acquisition
Gemini, a cryptocurrency exchange owned by the Winklevoss twins recently announced their acquisition of Nifty Gateway. This platform allows users to buy and manage crypto-collectibles, also known as...
Switzerland Introduces New Legislation Subjecting Secondary DLT Markets
The country better known for its chocolate, watches, pens, and well, international banking and vault services, Switzerland is working on a new generation of DLT regulations in order...
Rumors of Binance Office Raid Confirmed False by CEO Changpeng Zhao
Popular cryptocurrency exchange, Binance, have now confirmed that the rumors of them being raided by police are false. According to Changpeng Zhao, CEO of Binance, they don’t even...