Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally

Democrat Andrew Yang has officially withdrawn from the presidential race, suspending his bid following a poor turnout of support in the New Hampshire Primary. Yang is a tech entrepreneur who created a buzz for his campaign by promoting a “universal basic income”, which would issue $1000 USD per month to every American adult citizen. Blockchain Loses … Continue reading Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally

Coinbase Becomes First Custodian to Pass Two Major Security Evaluations

Coinbase Custody has become the first cryptocurrency custodian to pass two new security evaluations. In a press release published on Feb. 12, Coinbase Custody announced it had been awarded both Service Organization Control (SOC) 1 Type 2 and SOC 2 Type 2 reports by accounting firm Grant Thornton. What is SOC? For Coinbase Custody clients, these reports … Continue reading Coinbase Becomes First Custodian to Pass Two Major Security Evaluations

Have We Really Seen the Last of Former Presidential Crypto-Candidate Andrew Yang?

Have we really seen the last of crypto-friendly democrat Andrew Yang following his withdrawal from the 2020 US Presidential campaign? As reported by the Daily News last week, Yang’s final comments, as he withdrew his bid from the race to become his parties nominated candidate for president, have led some to believe that he may be making … Continue reading Have We Really Seen the Last of Former Presidential Crypto-Candidate Andrew Yang?

Could Blockchain Increase Diversity in the Way Films are Nominated for the Academy Awards?

The film awards season has finally passed for the year and a look back over the last few weeks, unfortunately, uncovers lingering problems with diversity among the nominations for both the BAFTAs and the Academy Awards (Oscars). Despite a push for inclusion following the #OscarsSoWhite boycott of 2015, there was uproar in the entertainment community as … Continue reading Could Blockchain Increase Diversity in the Way Films are Nominated for the Academy Awards?

Microsoft Azure Integrates Lition Commercial Blockchain into Cloud Marketplace

Lition, a commercial blockchain has been integrated into the Microsoft Azure cloud marketplace to provide blockchain as a service (BaaS) solutions. With the announcement made on Feb. 18, Lition becomes one of the few public/private blockchains to receive support from a major cloud provider. According to the announcement, the integration of the Lition blockchain into the Azure … Continue reading Microsoft Azure Integrates Lition Commercial Blockchain into Cloud Marketplace

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group on Feb. 20. According to an articlein the New York Times, this is the biggest takeover by a major American financial institution since the global financial crisis … Continue reading Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades

New York-regulated stablecoin issuer, Paxos, launched its blockchain-based settlement platform, after announcing the service in late 2019. The new service enables settlement of US-listed equity trades between broker-dealers Swiss financial services firm Credit Suisse and Nomura Group-backed Instinet.  The Paxos Settlement Service consists of a private, permissioned blockchain tool that allows participants to settle securities … Continue reading Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades

Shopify Becomes Member of the Libra Association

Canadian multinational e-commerce company, Shopify, has joined the Libra Association. Shopify will be teaming up for the formation of a global payment network within the Libra Association. The Facebook-led Libra Association has acknowledged that the Canadian e-commerce giant would be a significant partner in the actualization of the crucial economic participation necessary for Libra to become … Continue reading Shopify Becomes Member of the Libra Association

New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses

The New Jersey state legislature received a new bill, the Digital Asset and Blockchain Technology Act by Assemblywoman Yvonne Lopez. This new billwould require cryptocurrency and virtual currency to obtain a license to operate, allowing for more consumer-friendly protections. Cryptocurrency businesses would be required to disclose their legally registered names, follow anti-money laundering (AML) and … Continue reading New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses

How Far Away is Japan’s CBDC? Bank of Japan Meets with Monetary Authorities on Potential Digital Yen Issuance

Leaders of the Ministry of Finance (MOF), the Financial Services Agency (FSA) and the Bank of Japan (BOJ)  have recently held a number of meetings to examine the possible issuance of their own digital yen in the very near future. As published by the Japan Times, the most recent meeting took place last month, bringing together … Continue reading How Far Away is Japan’s CBDC? Bank of Japan Meets with Monetary Authorities on Potential Digital Yen Issuance

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