Search Results for: EV

First Ever Blockchain-Based IPO Launches on National Stock Exchange

MERJ Exchange, the national stock exchange of Seychelles had previously announced a partnership with a UK-based fintech firm, Globacap to issue tokenized securities available on the MERJ exchange platform. MERJ Exchange became the first national stock exchange to list tokenized securities. The exchange is now launching an IPO of the tokens.    Globacap, founded in 2017 and based in the … Continue reading First Ever Blockchain-Based IPO Launches on National Stock Exchange

iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

iSunOne, a financial services company, has collaborated with Malaysia Productivity Council (MPC) to develop the first-ever Islamic financial network based on blockchain technology. Explicitly, MPC was created as a joint undertaking between the Malaysian federal government and the United Nations Special Fund. iSunOne is expected to be allocated more funds for the project, whereas MPC … Continue reading iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

eToro's Survey Reveals 40% of Millennials Could Favor Crypto Investment In Recession

eToro, a Cyprus based multi-asset and social trading brokerage company, recently surveyed American investors about their concerns about how their portfolios could be affected by the US-China trade war and conflicts with Mexico.  Two-thirds of the respondents asserted that they were worried about a looming recession. As a result, they were weighing options on transferring … Continue reading eToro's Survey Reveals 40% of Millennials Could Favor Crypto Investment In Recession

France Seeks to Block Development of Libra in Europe

France plans to block the development of Facebook Libra in Europe citing concerns over consumer risk and monetary sovereignty according to a report by The Guardian on September 12. While speaking at a recent conference in Paris on virtual currencies, Bruno Le Maire, French Finance Minister said, “In these conditions, we cannot authorise the developments … Continue reading France Seeks to Block Development of Libra in Europe

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).    In a notice published on September 10, the Hong Kong-listed electronics manufacturer Pantronics Holdings Limited, which was a company that was acquired by Huobi in 2018, uncovered that it would be renamed … Continue reading Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Blockchain Devices Market to Grow by $1.285 Billion by 2024

Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography – Global Forecast to 2024.” The research … Continue reading Blockchain Devices Market to Grow by $1.285 Billion by 2024

VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review

On September 17, the US Securities and Exchange Commission (SEC) officially announced that the Chicago Board Options Exchange’s (CBOE) Equity Exchange had withdrawn its application for the VanEck/SolidX bitcoin ETF proposal on September 13. There was no reason given in the notice published by the SEC, although the decision to withdraw the proposal came a few weeks … Continue reading VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review

United States’ Third Largest Bank Wells Fargo to Reveal Coin in 2020

In a press releasepublished on Sept. 17, Wells Fargo had expressed the intention of the bank to create a payment network that would be based on distributed ledger technology (DLT). Wells Fargo Digital Cash is the name of the dedicated platform that payments will be working with. The bank says that this concept will have to … Continue reading United States’ Third Largest Bank Wells Fargo to Reveal Coin in 2020

German Government to Revamp its Energy Sector with Blockchain-Based Strategy

Peter Altmaier, Germany’s Federal Minister of Economics, has asserted that blockchain technology, presents tremendous opportunities in pilot projects. As a result, it will come in handy in revamping the nation’s energy sector through strategies, such as digitalization.  The minister has proclaimed that the German government intends to support various blockchain projects, as well as incorporate … Continue reading German Government to Revamp its Energy Sector with Blockchain-Based Strategy

UAE’s Ministry of Health and Prevention Instigates First-Ever Blockchain Network

On September 18, the Ministry of Health and Prevention in the United Arab Emirates (UAE) announced that it had established a blockchain system intended at sharing and saving assessment information among health practitioners, such as technicians, pharmacists, nurses, and doctors. The Ministry proclaims that blockchain technology will transform this sector by improving data integrity and … Continue reading UAE’s Ministry of Health and Prevention Instigates First-Ever Blockchain Network

Exit mobile version