The SEC continues to delay the launch of the much-awaited decision on whether there will be a Bitcoin ETF after all, or not. Currently, the SEC has to decide if it will grant three ETFs. The information comes from filings posted on August 12th, 2019. The three sponsors of the Bitcoin ETF proposals are Wilshire…
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Blockchain has conquered it all, there is no doubt about this. The technology has been used in multiple sectors and industries, especially in the financial world. Now, one of the world's giants in mechanics and engineering, Dürr AG, has managed to secure a loan of EUR 750m on a "sustainable base" through blockchain. The information…
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The crypto "unicorn" Robinhood is breaking a new ground when it comes to expansion and market penetration. The cryptocurrency trading app is now entering the European market with acquiring a license to operate in the United Kingdom. The FCA has granted a license to the company's subsidiary called Robinhood International to act as a broker…
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North Korea is making news as, according to a draft report from the United Nations, the country has stolen around $2 billion in a wave of cyber attacks on cryptocurrency exchanges and financial institutions in an effort to fund military weapons program. The report was submitted to the Security Council committee this past week by…
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The US-base unicorn, or better yet, the largest cryptocurrency exchange in the US, Coinbase is reportedly facing a negligence lawsuit for not handling the launch of BCH the right way. According to released court documents, US District Judge Vince Chhabria has formally accused the exchange of unfair competition practices and misrepresentation. Bitcoin Cash was launched…
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Chainyard and IBM have partnered to create a new blockchain system for supply chain management with the purpose of improving onboarding, supplier validation, and life cycle information management. The information comes from a official news report by IBM. The name of the blockchain network is Trust Your Supplier. The entire system is primarily focused on helping…
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Spending your cryptocurrencies is one of the goals of many companies. Startups around the world think of innovative solutions on how to allow investors to actually spend their digital coins. One financial startup, however, is doing a different thing. Nexo, Arrington XRP capital-backed company, revealed a special debit crypto card with a line of credit…
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Facebook's Libra is all over the news: from regulatory bodies to fintech companies, everyone is excited about the "global currency" that the tech giant has been developing and has now officially launched its website. Another huge player, however, may be filing its own stablecoin very soon. Walmart seems to have filed a patent showing the…
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Rain, a cryptocurrency exchange based in Bahrain, has acquired the licence called crypto-asset module or CRA from the Central Bank of Bahrain. According to press, Rain has now secured a seed round of $2.5 million for its business. Rain is the very first crypto exchange that receives the licence in the Middle East, a fact…
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The call for regulatory overview on cryptocurrencies is long due. And not only cryptocurrencies, but the so called "digital assets". Countries around the world classify digital coins in many different ways. Now, the UK FCA has clarified its position on how to regulate digital assets. The FCA has also given its stance on which tokens…
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