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 Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. The firms will be the first registered in Switzerland as broker-dealers with a blockchain focus. They will be required to...
Global payments revenues are at an all-time high, and experts predict that they could even climb to be a $2 trillion industry by 2020. Cross-border payment revenues currently account for approximately $200 billion, a significant slice of the payments pie. Currently, there are 0.7 international...
Digital Asset, the blockchain software company, is losing chief executive Blythe Masters, who is leaving for personal reasons, reported the Financial Times. Citing a statement from the company, the Financial Times reported Masters, who has been in her role for close to four years, is...
July 14, 2020
Blockchain firm Binance has launched the Binance Card in Europe, which lets users convert multiple cryptocurrencies to fiat to spend at more than 60 million retailers, according to an announcement. Binance CEO Changpeng Zhao (CZ) said in the announcement, “By providing a tangible way to transact, convert and spend crypto for everyday use, we are […]
August 26, 2019
The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. The firms will be the...
December 19, 2018
Digital Asset, the blockchain software company, is losing chief executive Blythe Masters, who is leaving for personal reasons, reported the Financial Times. Citing a statement from the company, the Financial...
October 26, 2018
The Royal Mint in the U.K. has put plans for a digital gold token called Royal Mint Gold (RMG) on hold, Reuters reported. That news comes after a planned relationship...
