# Digital Currency and Blockchain Weekly Round-Up – September 6th, 2019

By Shampa Mani

Canonical URL: https://www.tokenpost.com/news/technology/3330
Published: 2019-09-06T13:04:37.000Z
Updated: 2019-09-06T13:04:37.000Z
Section: Technology

> Dutch central bank to start integrity supervision of crypto exchanges and wallet providers from January 2020 De Nederlandsche Bank (DNB), the central bank of the Netherlands, has announced it will start regulating fir…

[Dutch central bank to start integrity supervision of crypto exchanges and wallet providers from January 2020](<https://tokenpost.com/Dutch-central-bank-to-start-integrity-supervision-of-crypto-exchanges-and-wallet-providers-from-January-2020-3264>)

De Nederlandsche Bank (DNB), the central bank of the Netherlands, has announced it will start regulating firms engaged in the cryptocurrency sector. In a press release published today, the DNB said that cryptocurrency exchanges and wallet providers “are expected to become subject to [its] integrity supervision as of 10 January 2020.”

[More Thai government departments look to blockchain to streamline work processes](<https://tokenpost.com/More-Thai-government-departments-look-to-blockchain-to-streamline-work-processes-3247>)

Thailand’s Revenue Department and the Comptroller-General's Department are the latest government agencies that are poised to explore blockchain technology. Just recently, the Customs Department announced its plans to use TradeLens, a blockchain-based shipping solution jointly developed by IBM and Maersk, to develop Thai trade.

[São Paulo to implement blockchain technology in public works projects](<https://tokenpost.com/So-Paulo-to-implement-blockchain-technology-in-public-works-projects-3243>)

The government of Brazilian city of São Paulo has contracted a tech company as it seeks to use a blockchain registry for its public works projects, Cointelegraph reported. As per the report, the Municipal Secretariat of Urban Infrastructure and Works has contracted Construtivo to deploy a blockchain-based solution for city hall.

[Burundi makes it illegal to trade cryptocurrencies](<https://tokenpost.com/Burundi-makes-it-illegal-to-trade-cryptocurrencies-3297>)

Burundi has declared cryptocurrencies such as bitcoin and ethereum as illegal in the country, Bloomberg reported. The announcement was made by Alfred Nyobewumusi, a director at the Bank of the Republic of Burundi’s (BRB) micro-finance department, who said that some citizens lost money while trading cryptocurrencies and had asked the government to intervene.

Research Studies

- U.S. and China account for 75% of all blockchain-related patents, hold majority of digital economy's wealth: [UNCTAD](<https://tokenpost.com/US-and-China-account-for-75-of-all-blockchain-related-patents-hold-majority-of-digital-economys-wealth-Report-3314>)

- Only 22% of blockchain business achieved sales in South Korea: [Report](<https://tokenpost.com/Only-22-of-blockchain-business-achieved-sales-in-South-Korea-Report-3298>)

- Cryptocurrency-related consultations drop 14% in Japan: [FSA](<https://tokenpost.com/Cryptocurrency-related-consultations-drop-14-in-Japan-FSA-3272>)

Company News

- LINE’s [LVC Corporation](<https://tokenpost.com/LINEs-LVC-Corporation-receives-license-to-operate-cryptocurrency-exchange-in-Japan-3326>) receives license to operate cryptocurrency exchange in Japan

- Binance venture arm [Binance Labs](<https://tokenpost.com/Binance-venture-arm-Binance-Labs-invests-57M-in-blockchain-usability-firm-Dapix-3322>) invests $5.7M in blockchain usability firm Dapix

- Norwegian bank [Sparebanken Øst](<https://tokenpost.com/Norwegian-bank-Sparebanken-st-invests-in-crypto-exchange-owned-by-Bjrn-Kjos-3290>) invests in crypto exchange owned by Bjørn Kjos

- [HTC, Alibaba](<https://tokenpost.com/HTC-Alibaba-invest-3M-in-blockchain-property-rights-startup-Bitmark-3280>) invest $3M in blockchain property rights startup Bitmark

- Blockchain analysis startup [Elliptic](<https://tokenpost.com/Blockchain-analysis-startup-Elliptic-scores-23M-from-Japans-SBI-Holdings-3273>) scores $23M from Japan's SBI Holdings

- [Baton Systems](<https://tokenpost.com/Baton-Systems-raises-12M-for-bank-to-bank-blockchain-based-payments-infrastructure-3244>) raises $12M for bank-to-bank blockchain-based payments infrastructure

- [Binance](<https://tokenpost.com/Binance-acquires-crypto-asset-trading-platform-JEX-amid-its-continued-interest-in-derivatives-trading-market-3254>) acquires crypto-asset trading platform JEX amid continued interest in derivatives trading market

- Thai crypto exchange [Bitcoin Co. Ltd.](<https://tokenpost.com/Thai-crypto-exchange-Bitcoin-Co-Ltd-BXinth-is-shutting-down-after-5-years-3257>) is shutting down after 5 years

Partnerships/Consortiums

- [University of Gibraltar, Huobi University](<https://tokenpost.com/University-of-Gibraltar-Huobi-University-team-up-to-advance-blockchain-education-and-research-3307>) team up to advance blockchain education and research

- [Digital Bazaar](<https://tokenpost.com/Digital-Bazaar-collaborates-with-GS1-US-SecureKey-and-TradeLens-to-implement-blockchain-identity-project-3300>) collaborates with GS1 US, SecureKey, and TradeLens to implement blockchain identity project

- Blockchain-based trade finance network [Marco Polo](<https://tokenpost.com/Blockchain-based-trade-finance-network-Marco-Polo-welcomes-Mastercard-3287>) welcomes Mastercard

- South Korean banking giants form ‘[Technology and Service Alliance’](<https://tokenpost.com/South-Korean-banking-giants-form-Technology-and-Service-Alliance-with-blockchain-firms-Report-3265>) with blockchain firms: Report

Digital Currency Initiatives

- [Nasdaq](<https://tokenpost.com/Nasdaq-adds-crypto-data-from-Blockchain-Investments-Co-to-Quandl-3324>) adds crypto data from Blockchain Investments & Co. to Quandl

- Paxos launches [stablecoin PAXG](<https://tokenpost.com/Paxos-launches-stablecoin-PAXG-first-asset-redeemable-for-physical-gold-3320>), 'first asset redeemable for physical gold'

- Binance, Paxos to launch NYDFS-approved [BUSD stablecoin](<https://tokenpost.com/Binance-Paxos-to-launch-NYDFS-approved-BUSD-stablecoin-3318>)

- Binance unveils two [crypto futures platforms](<https://tokenpost.com/Binance-unveils-two-crypto-futures-platforms-lets-users-pick-their-favorite-3250>), lets users pick their favorite

- Hong Kong-based [Legacy Trust](<https://tokenpost.com/Hong-Kong-based-Legacy-Trust-announces-crypto-pension-plan-3289>) announces crypto pension plan

- [Bitcoin.com’s cryptocurrency exchange](<https://tokenpost.com/Bitcoincoms-cryptocurrency-exchange-goes-live-3263>) goes live

- [Coincheck](<https://tokenpost.com/Coincheck-to-launch-reward-points-to-crypto-exchange-service-on-September-10-3285>) to launch reward points-to-crypto exchange service on September 10

Blockchain Initiatives

- Klaytn officially unveils [blockchain variant of Samsung Galaxy Note10](<https://tokenpost.com/Klaytn-officially-unveils-blockchain-variant-of-Samsung-Galaxy-Note10-price-starts-at-1050-3327>), price starts at $1,050

- [Huobi](<https://tokenpost.com/Huobi-to-release-blockchain-smartphones-Acute-Angle-next-week-can-be-bought-using-Huobi-Token-3277>) to release blockchain smartphone 'Acute Angle' next week, can be bought using Huobi Token

- [SK Securities](<https://tokenpost.com/SK-Securities-partners-with-blockchain-startup-Kasa-Korea-to-tokenize-real-estate-3294>) partners with blockchain startup Kasa Korea to tokenize real estate

- [Franklin Templeton](<https://tokenpost.com/Franklin-Templeton-seeks-to-use-Stellar-blockchain-for-new-fund-shares-3275>) seeks to use Stellar blockchain for new fund shares

- [SAP](<https://tokenpost.com/SAP-partners-with-Chronicled-for-blockchain-based-drug-verification-solution-MediLedger-3321>) partners with Chronicled for blockchain-based drug verification solution ‘MediLedger’

- TFA Labs taps [Factom blockchain](<https://tokenpost.com/TFA-Labs-taps-Factom-blockchain-to-secure-energy-grid-as-part-of-US-government-funded-project-3319>) to secure energy grid as part of US government-funded project

- K-Pop music giant [SM Entertainment](<https://tokenpost.com/K-Pop-music-giant-SM-Entertainment-eyes-own-blockchain-and-cryptocurrency-3312>) eyes own blockchain and cryptocurrency

- Swiss retail giant [Migros](<https://tokenpost.com/Swiss-retail-giant-Migros-implements-TE-FOODs-blockchain-based-food-traceability-system-3283>) implements TE-FOOD’s blockchain-based food traceability system

- [Abu Dhabi Commercial Bank](<https://tokenpost.com/Abu-Dhabi-Commercial-Bank-to-digitize-trade-finance-using-dltledgers-blockchain-3281>) to digitize trade finance using dltledgers blockchain

- [HSBC](<https://tokenpost.com/HSBC-completes-first-yuan-denominated-letter-of-credit-transaction-via-Voltron-blockchain-platform-3258>) completes first yuan-denominated letter of credit transaction via Voltron blockchain platform

- [Brazil](<https://tokenpost.com/Brazil-issues-first-ever-birth-certificate-using-blockchain-technology-3249>) issues first-ever birth certificate using blockchain technology

- [ING Collection](<https://tokenpost.com/ING-Collection-purchases-fractional-ownership-shares-in-digital-artwork-via-blockchain-3248>) purchases fractional ownership shares in digital artwork via blockchain

- [Jaguar](<https://tokenpost.com/Jaguar-demonstrates-proof-of-concept-for-tracing-car-energy-using-Iotas-DLT-3242>) demonstrates proof-of-concept for tracing car energy using Iota’s DLT

- South Korean startup seeks to tokenize [David Hockney’s work via blockchain](<https://tokenpost.com/South-Korean-startup-seeks-to-tokenize-David-Hockneys-work-via-blockchain-3241>)

[TokenPost](<https://www.tokenpost.com/>) | info@tokenpost.com



## Links in this article

- [Dutch central bank to start integrity supervision of crypto exchanges and wallet providers from January 2020](https://tokenpost.com/Dutch-central-bank-to-start-integrity-supervision-of-crypto-exchanges-and-wallet-providers-from-January-2020-3264)
- [More Thai government departments look to blockchain to streamline work processes](https://tokenpost.com/More-Thai-government-departments-look-to-blockchain-to-streamline-work-processes-3247)
- [São Paulo to implement blockchain technology in public works projects](https://tokenpost.com/So-Paulo-to-implement-blockchain-technology-in-public-works-projects-3243)
- [Burundi makes it illegal to trade cryptocurrencies](https://tokenpost.com/Burundi-makes-it-illegal-to-trade-cryptocurrencies-3297)
- [UNCTAD](https://tokenpost.com/US-and-China-account-for-75-of-all-blockchain-related-patents-hold-majority-of-digital-economys-wealth-Report-3314)
- [Report](https://tokenpost.com/Only-22-of-blockchain-business-achieved-sales-in-South-Korea-Report-3298)
- [FSA](https://tokenpost.com/Cryptocurrency-related-consultations-drop-14-in-Japan-FSA-3272)
- [LVC Corporation](https://tokenpost.com/LINEs-LVC-Corporation-receives-license-to-operate-cryptocurrency-exchange-in-Japan-3326)
- [Binance Labs](https://tokenpost.com/Binance-venture-arm-Binance-Labs-invests-57M-in-blockchain-usability-firm-Dapix-3322)
- [Sparebanken Øst](https://tokenpost.com/Norwegian-bank-Sparebanken-st-invests-in-crypto-exchange-owned-by-Bjrn-Kjos-3290)
- [HTC, Alibaba](https://tokenpost.com/HTC-Alibaba-invest-3M-in-blockchain-property-rights-startup-Bitmark-3280)
- [Elliptic](https://tokenpost.com/Blockchain-analysis-startup-Elliptic-scores-23M-from-Japans-SBI-Holdings-3273)
- [Baton Systems](https://tokenpost.com/Baton-Systems-raises-12M-for-bank-to-bank-blockchain-based-payments-infrastructure-3244)
- [Binance](https://tokenpost.com/Binance-acquires-crypto-asset-trading-platform-JEX-amid-its-continued-interest-in-derivatives-trading-market-3254)
- [Bitcoin Co. Ltd.](https://tokenpost.com/Thai-crypto-exchange-Bitcoin-Co-Ltd-BXinth-is-shutting-down-after-5-years-3257)
- [University of Gibraltar, Huobi University](https://tokenpost.com/University-of-Gibraltar-Huobi-University-team-up-to-advance-blockchain-education-and-research-3307)
- [Digital Bazaar](https://tokenpost.com/Digital-Bazaar-collaborates-with-GS1-US-SecureKey-and-TradeLens-to-implement-blockchain-identity-project-3300)
- [Marco Polo](https://tokenpost.com/Blockchain-based-trade-finance-network-Marco-Polo-welcomes-Mastercard-3287)
- [Technology and Service Alliance’](https://tokenpost.com/South-Korean-banking-giants-form-Technology-and-Service-Alliance-with-blockchain-firms-Report-3265)
- [Nasdaq](https://tokenpost.com/Nasdaq-adds-crypto-data-from-Blockchain-Investments-Co-to-Quandl-3324)
- [stablecoin PAXG](https://tokenpost.com/Paxos-launches-stablecoin-PAXG-first-asset-redeemable-for-physical-gold-3320)
- [BUSD stablecoin](https://tokenpost.com/Binance-Paxos-to-launch-NYDFS-approved-BUSD-stablecoin-3318)
- [crypto futures platforms](https://tokenpost.com/Binance-unveils-two-crypto-futures-platforms-lets-users-pick-their-favorite-3250)
- [Legacy Trust](https://tokenpost.com/Hong-Kong-based-Legacy-Trust-announces-crypto-pension-plan-3289)
- [Bitcoin.com’s cryptocurrency exchange](https://tokenpost.com/Bitcoincoms-cryptocurrency-exchange-goes-live-3263)
- [Coincheck](https://tokenpost.com/Coincheck-to-launch-reward-points-to-crypto-exchange-service-on-September-10-3285)
- [blockchain variant of Samsung Galaxy Note10](https://tokenpost.com/Klaytn-officially-unveils-blockchain-variant-of-Samsung-Galaxy-Note10-price-starts-at-1050-3327)
- [Huobi](https://tokenpost.com/Huobi-to-release-blockchain-smartphones-Acute-Angle-next-week-can-be-bought-using-Huobi-Token-3277)
- [SK Securities](https://tokenpost.com/SK-Securities-partners-with-blockchain-startup-Kasa-Korea-to-tokenize-real-estate-3294)
- [Franklin Templeton](https://tokenpost.com/Franklin-Templeton-seeks-to-use-Stellar-blockchain-for-new-fund-shares-3275)
- [SAP](https://tokenpost.com/SAP-partners-with-Chronicled-for-blockchain-based-drug-verification-solution-MediLedger-3321)
- [Factom blockchain](https://tokenpost.com/TFA-Labs-taps-Factom-blockchain-to-secure-energy-grid-as-part-of-US-government-funded-project-3319)
- [SM Entertainment](https://tokenpost.com/K-Pop-music-giant-SM-Entertainment-eyes-own-blockchain-and-cryptocurrency-3312)
- [Migros](https://tokenpost.com/Swiss-retail-giant-Migros-implements-TE-FOODs-blockchain-based-food-traceability-system-3283)
- [Abu Dhabi Commercial Bank](https://tokenpost.com/Abu-Dhabi-Commercial-Bank-to-digitize-trade-finance-using-dltledgers-blockchain-3281)
- [HSBC](https://tokenpost.com/HSBC-completes-first-yuan-denominated-letter-of-credit-transaction-via-Voltron-blockchain-platform-3258)
- [Brazil](https://tokenpost.com/Brazil-issues-first-ever-birth-certificate-using-blockchain-technology-3249)
- [ING Collection](https://tokenpost.com/ING-Collection-purchases-fractional-ownership-shares-in-digital-artwork-via-blockchain-3248)
- [Jaguar](https://tokenpost.com/Jaguar-demonstrates-proof-of-concept-for-tracing-car-energy-using-Iotas-DLT-3242)
- [David Hockney’s work via blockchain](https://tokenpost.com/South-Korean-startup-seeks-to-tokenize-David-Hockneys-work-via-blockchain-3241)
- [TokenPost](https://www.tokenpost.com)
