TokenPost reporter
Charissa Echavez
Reporter
Stories by Charissa Echavez
- China's central bank digital currency is "ready"
China will reportedly roll out its central bank digital currency (CBDC) soon, a senior official at China’s central bank announced at the China Finance 40 Group meeting, local news site Shanghai Securities News reported.
· Technology
- IBM files blockchain-powered web browser patent with peer-to-peer network support
American tech giant IBM has filed a blockchain-based web browser patent in the U.S. Patent and Trademark Office on August 6.
· Technology
- 15 nations, including G7 members, to establish crypto transaction monitoring system under FATF: Report
About 15 countries, including the G7, will reportedly establish a system to track crypto transactions together with the Financial Action Task Force (FATF) in a bid to prevent the illegal use of cryptocurrencies, accor…
· Regulation
- New Jersey signs 'blockchain initiative task force' bill into law
New Jersey has become the latest state to launch a task force dedicated to exploring blockchain use, after Governor Phil Murphy signed bill S2297 into law.
· Technology
- Rhode Island introduces specific money transmitter guidelines for crypto businesses
Rhode Island’s money transmitter license for crypto companies will require them to follow stringent compliance metrics, anti-money laundering and anti-fraud protocols, and security requirements.
· Regulation
- Winklevoss' Gemini Exchange is being added to CME Group's crypto benchmarks
Winklevoss-twins founded crypto exchange Gemini is slated to become a constituent exchange for the Chicago Mercantile Exchange (CME Group)’s crypto reference rates.
· Business
- Etihad Airways to integrate Winding Tree's blockchain platform
Etihad Airways has partnered with Switzerland-based blockchain startup Winding Tree to provide logistical support for the airline’s distribution system.
· Technology
- Seychelle securities exchange firm MERJ lists first-ever tokenized security on national exchange
Seychelles’ MERJ Exchange Limited has become the first-ever exchange to list a tokenized security on a fully compliant and regulated national stock exchange.
· Business
- Robinhood is bringing its investing platform to the UK
Crypto trading app Robinhood has received a go signal to operate as a broker in the United Kingdom.
· Business
- India's Supreme Court adjourns crypto ban case until January 2020
The Indian Supreme Court has heard and adjourned the “Crypto vs. Reserve Bank of India (RBI)” case until January 2020, Amb Crypto reported citing crypto advocate and Crypto Kanoon co-founder Mohammed Danish.
· Regulation
- New Jersey regulator stops two ICOs for fraudulent securities, as 'Operation Cryptosweep' continues
New Jersey’s Bureau of Securities has issued two emergency orders to Zoptax and Unocall to stop their initial coin offerings (ICO), as a part of its “Operation Cryptosweep” initiative.
· Regulation
- South Korea's Coinone partners with Certik, Xangle to improve security and transparency features
South Korean cryptocurrency exchange giant Coinone has tapped cybersecurity audit firm CertiK and disclosures company Xangle to provide more security and transparency.
· Business
- ECB plans to increase cryptocurrency surveillance using both on-chain and off-chain data
The European Central Bank (ECB) is planning to use both on-chain data and metadata related to off-chain transactions to monitor the crypto market.
· Technology
- Crypto exchange EtherDelta is being investigated for a $175,000 'exit scam' in China
Chinese authorities are allegedly investigating claims that non-custodial crypto exchange EtherDelta conducted a $176,000 exit scam after the company was sold to anonymous Chinese investors in December 2017, according…
· Regulation
- Amazon wants to place advertising data on blockchain, looks for new software engineer for the task
Internet retail giant Amazon wants to hire a software engineer that will place advertising data on blockchain, according to a job offer it posted on LinkedIn.
· Business
- Coinbase did not commit fraud but must face negligence suit over Bitcoin Cash launch, judge rules
A U.S. district judge has ruled that cryptocurrency exchange Coinbase did not act fraudulently during its failed launch of Bitcoin Cash (BCH).
· Business
- Overstock's tZERO wins patent for TOME technology to use public blockchain to record trades
Overstock’s security token trading platform tZERO has been awarded a patent by the U.S. Patent and Trademark Office for a technology that uses digital signatures to record and verify market data including related trad…
· Technology
- Seoul to reward citizens using public services with crypto, to roll out other blockchain-based projects within 2019
Seoul, the capital and largest city in South Korea, is set to roll out a point system that will reward its citizens with S-coins for using public services, like paying taxes and participating in polls.
· Technology
- Mastercard to stamp out fake fashion items with its new blockchain solution 'Provenance'
Mastercard will use blockchain technology to trace the provenance of limited edition fashion items during an upcoming showcase of women fashion designers.
· Technology
- British tax authority to crack down tax crypto tax evaders, demands clients' data from major exchanges
British tax authority HM Revenue & Customs (HMRC) is asking cryptocurrency exchanges to provide the name and transaction histories of their customers, as the office attempts to recover unpaid taxes.
· Regulation
- Enterprise Ethereum Alliance appoints new board member, unveils 'Mainnet Initiative'
The Enterprise Ethereum Alliance (EEA) has revealed its new board member appointee, Aya Miyaguchi, the executive director of Ethereum Foundation, and unveiled its new “Mainnet Initiative.”
· Technology
- BlockFi scores $18.3M investment led by Peter Thiel co-founded Valar Ventures
Crypto lending firm BlockFi has secured $18.3 million in a Series A funding, spearheaded by Valar Ventures.
· Business
- Bitpoint's crypto trading service is back after massive $28M mid-July hack
Japanese crypto exchange Bitcoin is resuming some trading services on its platform following the massive $28 million hack in mid-July.
· Business
- Samsung adds 13 more crypto apps to Blockchain Keystore
Samsung announced that it is adding 13 new apps to its official DApp store, called Blockchain Keystore.
· Technology
- Thailand to crack down crypto money laundering by amending rules
The head of Thailand’s Anti-Money Laundering Office (Amlo) wants to amend the country’s laws to include cryptocurrency, Bangkok Post reported.
· Regulation
- South Korea's DAPA to create blockchain platform to enhance business operations, signs agreement with 3 national defense institutions
South Korea’s Defense Acquisition Program Administration (DAPA) is creating a blockchain platform as it aims to enhance its business operations.
· Technology
- U.S. SEC Commissioner Hester Peirce supports creation of "non-exclusive safe harbor" for token offerings
United States Securities and Exchange Commission (SEC) commissioner Hester Peirce expressed her support in establishing a non-exclusive safe harbor for token offerings, according to a copy of her keynote speech during…
· People
- Standard Chartered, Linklogis complete first blockchain supply chain finance transaction
Financial services giant Standard Chartered has successfully completed its first blockchain-based deep-tier supply chain financing transaction with China-based supply finance firm Linklogis. The financing was intended…
· Business
- Malta-based exchange OKEx rolls out data insights platform to help crypto beginners trade derivatives
Digital asset exchange OKEx has rolled out a new comprehensive data insights platform that covers the trading trends of derivatives.
· Technology
- South Korea's Shinhan Financial Investment to develop blockchain-based stock lending platform
Shinhan Financial Investment, the brokerage arm of South Korea’s oldest banking institution Shinhan Bank, has reportedly signed an agreement with financial service provider Directional to develop a blockchain-based, p…
· Technology
- Elliptic and MIT's AI Lab say only 2% of bitcoin transactions are illicit
Blockchain analytics startup Elliptic in partnership with researchers at the Massachusetts Institute of Technology (MIT)’s IBM-funded AI Lab has released a public dataset of bitcoin transactions connected to illegal a…
· Insights & Views
- Coinbase Custody to hold Grayscale Investments' $2.7B digital assets
Grayscale Investments, which claims to be the largest digital asset manager in the world, has selected Coinbase Custody to be the new custodian for its digital asset holdings.
· Business
- Walmart patents new centralized stablecoin that could rival Facebook's Libra
Retail giant Walmart is mulling a fiat-backed digital currency that is similar to Facebook’s Libra currency, according to its new patent filing.
· Business
- Brazil imposes new tax reporting requirements for cryptocurrency transactions
Brazilian cryptocurrency traders are now required to declare their dealings to tax authorities, according to the newly published guideline by the Department of Federal Revenue of Brazil (RFB).
· Regulation
- NYAG insists Bitfinex, Tether should still produce required documents
The New York Office of the Attorney General (NYAG) has submitted a letter to Supreme Court Judge Joel Cohen, arguing that cryptocurrency exchange Bitfinex and Tether should not be granted a continuing stay of demands.
· Business
- Square's Q2 bitcoin revenue doubles at $125M via Cash App
Payments firm Square has generated a total of $125 million in Bitcoin revenue in the second quarter of this year via its mobile payments service Cash App.
· Business
- R3 doubles London office size for blockchain hiring spree, plans to build second engineering hub
Enterprise blockchain technology firm R3 has doubled the size of its London Wall office to make room for its growing engineering team, according to Mondo Visione.
· Business
- AB InBev, BanQu develop blockchain solution to help African farmers
Multinational brewing firm Anheuser-Busch (AB) InBev has collaborated with blockchain firm BanQu Inc. to help African smallholder farmers in their supply chain.
· Technology
- Vitalik Buterin's mom promotes blockchain awareness via her CryptoChicks startup
Natalie Ameline, the mother of Ethereum co-founder Vitalik Buterin, is dedicated to raising cryptocurrency and blockchain literacy awareness globally.
· People
- Think tank EEMA pledges support to blockchain-powered law enforcement platform LOCARD
Identity and privacy-centric think tank known as the European Association for e-Identity and Security (EEMA) announced that it will support the lawful evidence collecting and continuing platform development or LOCARD,…
· Technology