Cryptocurrency firms doing business in the Netherlands will soon be required to register with Dutch Central Bank, according to CoinDesk. The move comes as the European Union has passed tougher anti-money laundering (AML) laws. As a result, companies or individuals involved in the conversion of...
Australian supply chain-focused blockchain technology company Security Matters has filed a patent application in the U.S. towards the marking, tracking and managing of the supply chain of cannabis plants, cannabis products and products containing cannabis-based ingredients. The methods will be used for the company’s chemical...
HSBC has issued its first yuan blockchain-based letter of credit transaction, Reuters reported. The move is significant progress in the use of the Voltron trade finance platform, which was developed by eight banks, including HSBC, BNP Paribas and Standard Chartered. While the platform has predominately...
A blockchain logistics project by IBM and Maersk is being utilized by Thailand to improve its shipment tracking procedures, Cointelegraph reported on Friday (Aug. 30). Thailand’s Customs Department is implementing IBM’s Tradelens blockchain as an improved solution to keeping on top of shipping that happens...
New data from Coinbase has found that 56 percent of the world’s top 50 universities now offer at least one course on crypto or blockchain — up from 42 percent last year. And students are showing interest, with twice as many students taking a crypto...
Cryptocurrency company Sygnum is planning to apply for a banking license in Singapore. The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned for a capital markets services license, which will allow the firm to offer asset management...
Kadena has announced the launch of an upgraded version of its blockchain solution to the Microsoft Azure Marketplace. The “Kadena Scalable Permissioned Blockchain” is now available on Azure Marketplace for free. The Blockchain-as-a-Service (BaaS) model enables organizations to start using Kadena’s blockchain by quickly provisioning...
Switzerland’s regulators are mandating that firms conducting business across blockchain conduct AL and KYC due diligence. In Australia, the Securities Exchange is transitioning to blockchain across the next few years.
The US Federal Trade Commission announced that the promoters of recruitment-based cryptocurrency schemes have been permanently banned from operating or participating in any multi-level marketing program. The FTC obtained a court order in March 2018 against Thomas Dluca, Eric Pinkston and Louis Gatto, with the...
