TokenPost reporter
Catherine Martin
Reporter
Stories by Catherine Martin
- Wells Fargo invests $5M in crypto monitoring firm Elliptic
Financial services giant Wells Fargo has invested $5 million in cryptocurrency surveillance technology firm, Elliptic.
· Business
- U.S. Treasury Department’s FinCEN working on new crypto regulations
The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, is working on new cryptocurrency regulations, Treasury Security Steven Mnuchin revealed during a hearing before the S…
· Regulation
- Defense contractor BAE Systems is hiring ‘cryptocurrency exploiters’
BAE Systems, the U.S. subsidiary of BAE Systems plc – an international defense, security and aerospace company, is looking for a cryptocurrency exploiter.
· Business
- Blockchain-powered London Football Exchange Group acquires Perth Glory Football Club
London Football Exchange Group (LFE) has become a major shareholder of the Australian Hyundai A-League Premiers Perth Glory Football Club (PGFC), LFE announced in a press release.
· Business
- IOSCO releases list of key considerations for regulating crypto-asset trading platforms
The International Organization of Securities Commissions (IOSCO) has released a list of key considerations to help regulatory authorities when regulating crypto-asset trading platforms (CTPs).
· Regulation
- U.S. CFTC's fintech lab to host office hours to engage with innovators
The United States Commodity Futures Trading Commission’s (CFTC) fintech lab is going to host office hours on April 1.
· Technology
- Egypt's largest bank joins Ripple's blockchain network
The National Bank of Egypt (NBE), the oldest and largest commercial banks in the country, has joined Ripple's global blockchain network, RippleNet, Cointelegraph reported citing local news outlet Youm7.
· Technology
- Dell, STMicroelectronics and others join IOTA and Eclipse's Tangle EE Working Group
Nonprofit blockchain organization IOTA Foundation has partnered with the Eclipse Foundation, an open-source software foundation for commercial innovation and collaboration, to launch Tangle EE Working Group.
· Technology
- SKALE Network to be the first project to launch token on ConsenSys Codefi’s Activate
Ethereum-focused software development firm ConsenSys' product suite Codefi has announced that SKALE Network is the first project that will launch a token on the Activate platform.
· Technology
- Mastercard, Binance X, Ripple’s Xpring and others join MouseBelt’s Blockchain Education Alliance
Blockchain Education Alliance, a network of industry leaders committed to driving blockchain innovation through education, has welcomed several noteworthy new members in the organization.
· Technology
- BitPay brings cryptocurrency payments to POS terminals via Poynt partnership
Crypto payment processor BitPay is bringing cryptocurrency payments to point-of-sale devices via a partnership with open commerce platform Poynt.
· Business
- Crypto exchange Binance adds Russian Ruble support on P2P platform
Crypto exchange Binance announced in a press release that it added support for Russian Ruble (RUB) on its P2P platform.
· Business
- Canada Stablecorp issues CAD-pegged stablecoin "QCAD"
Canada Stablecorp has announced that it has launched the first mass-market stablecoin pegged to the Canadian dollar, called “QCAD.”
· Technology
- Crypto exchange Huobi joins blockchain project Klaytn's Governance Council
Crypto exchange Huobi announced in a press release that it is joining the Governance Council of Klaytn, a blockchain project led by South Korea’s Internet giant Kakao.
· Technology
- Italy shuts down 6 foreign exchanges, 2 crypto trading sites
The Italian securities regulator has shut down a total of eight FX websites for operating illegally in the country, Finance Magnates reported.
· Regulation
- London-based DAG Global to apply for UK banking license to serve crypto firms
London-based startup DAG Global wants to be the “first digital assets merchant bank” in the U.K and is applying to obtain a full banking license to achieve its goal, the Financial Times reported.
· Business
- Blockchain.com leads seven-figure funding for crypto market maker Wintermute Trading
Crypto market maker Wintermute Trading has raised an undisclosed sum in a seed funding round led by Blockchain.com, The Block reported.
· Business
- Ukraine will not regulate cryptocurrency mining activities
Ukraine’s Ministry of Digital Transformation published a document on Friday announcing that the government will not be regulating crypto mining in the country, CoinDesk reported.
· Regulation
- Crypto custody provider Vo1t partners with IBM to supply secure data servers
Crypto custody provider Vo1t is partnering with tech giant IBM to offers its clients secure data servers for storing and encrypting their private keys, CoinDesk reported.
· Technology
- Chinese startup FUZAMEI rolls out blockchain tracing platform '33 Charity'
Chinese blockchain startup FUZAMEI has launched a shared blockchain-based platform for tracing information, registration and storage.
· Technology
- Pharmaceutical company ACG launches blockchain-powered traceability and anti-counterfeiting solution
AGC Inspection (AGCI), one of the four businesses of pharmaceutical company ACG Group, has announced its new blockchain-based traceability and anti-counterfeiting solution for the pharmaceutical supply chain.
· Technology
- Muscat Clearing and Depositing Company looks to blockchain for voting process
Oman Blockchain Solutions and Services Company (BSS) has signed an agreement with Muscat Clearing and Depositing Company (MCDC) to provide blockchain solutions for their general meetings and voting process, Unlock-BC …
· Technology
- Switzerland to lower client KYC threshold value for crypto exchange transactions to $1,000
The Swiss Financial Market Supervisory Authority (FINMA) has proposed to lower the client identification threshold value for cryptocurrency exchange transactions from 5,000 CHF to 1,000 CHF (or USD$1,020), as stated i…
· Regulation
- Crypto startup London Block Exchange placed into compulsory liquidation
Dragon Payments Ltd., which was previously known as London Block Exchange (LBX), has been placed into compulsory liquidation, as announced on its website.
· Business
- Paystand raises $20M in Series B funding to accelerate blockchain-based commercial payments
Blockchain-enabled commercial payments service Paystand announced in a press release that it has raised $20 million in Series B funding to accelerate the expansion of its products and services.
· Business
- Crypto firm ErisX hires capital market risk management expert as chief risk officer
Crypto derivatives exchange ErisX announced in a press release the appointment of Vidhu Singh, as its Chief Risk Officer for the C-Suite team.
· People
- U.S. Treasury includes digital assets among top vulnerabilities to financial system
The U.S. Treasury’s Office of Terrorist Financing and Financial Crimes published a report on Thursday in which it has identified the top vulnerabilities that allow illicit proceeds to enter the domestic financial system.
· Insights & Views
- UK financial watchdog FCA seeks a cryptocurrency expert
The U.K. Financial Conduct Authority (FCA) is looking for a cryptocurrency expert who will work with it in the new area of cryptocurrency regulation and the fifth money laundering directive (5MLD) regulations, accordi…
· Regulation
- Avril Group latest to join blockchain-based IBM Food Trust
Tech firm IBM has announced that Avril Group, a French agro-industrial group, has joined IBM Food Trust, a blockchain-enabled initiative targeted at the food industry, in a press release.
· Technology
- Former OKEx executive to launch crypto derivatives exchange 'ACDX' in Q2 2020
Andy Cheung, former chief operating officer at OKEx, a cryptocurrency exchange company, announced that he is planning to launch a new crypto derivatives exchange, called ACDX, in the second quarter of the year.
· Business
- U.S. Federal Reserve exploring DLTs and a potential CBDC, confirms Governor
Federal Reserve Governor Lael Brainard has revealed that the central bank is conducting research on distributed ledger technology (DLT) and its potential for a central bank digital currency (CBDC).
· Technology
- Germany’s financial regulator issues guidance on licensing process for crypto custody firms
Germany's Financial Supervisory Authority (or BaFin) has released new guidelines to clarify how the country’s new law, which came into force last month, will apply to firms offering or intending to offer crypto custod…
· Regulation
- Bakkt to acquire Bridge2 Solutions from ICE to boost crypto consumer app development
Derivatives and equity trading firm Intercontinental Exchange has announced the acquisition of SaaS platform technology company Bridge2 Solutions in a press release. The terms of the acquisition have not been disclosed.
· Business
- Neogen partners with Ripe.io to bring blockchain technology to food safety and animal genomics
Food safety company Neogen announced in a press release its partnership with blockchain firm Ripe Technology to implement blockchain technology in the area of food safety diagnostics and animal genomics.
· Technology
- Lightning Labs raises $10M in Series A funding, launches new major product
Lightning Network developer Lightning Labs announced in a blog that it just secured $10 million in Series A funding and has launched a new major product, called Lightning Loop.
· Business
- Pantera Capital, Square join blockchain payments startup Transparent's $14M series A round
Investment firm Pantera Capital has announced on Twitter that it has led Transparent System’s Series A funding for developing a “real-time cryptographic settlement network” with the participation of Jack Dorsey’s Square.
· Business
- Crypto exchange Binance allows users to borrow USDT to fund futures trades
Cryptocurrency exchange Binance has announced that it has added Binance USD (BUSD) cross collateral function to its Futures wallet interface.
· Business
- Intermex partners with blockchain startup Ripple faster cross-border payments between Mexico and U.S.
Blockchain startup Ripple has announced its partnership International Money Express (Intermex), a leading money remittance services company that focuses on the Latin America and Carribean corridor.
· Technology
- Blockchain-based trade finance startup Envoy raises $13.5M from Alcedo Digital Ventures
Envoy Group, a blockchain-based supply chain and trade finance startup, has raised $13.5 million investment from Alcedo Digital Ventures, GTR reported.
· Business
- Blockchain startup ConsenSys lays off 14% of its workforce
Blockchain startup ConsenSys announced on Tuesday that it cut down its workforce by 14%, Reuters reported.
· Business