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Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions

One of the most vital parts of land and property selling and buying process is conveyancing – the legal act of transferring land and property ownership from the seller to the buyer. However, it can be a cumbersome, frustrating, and slow process that has resulted in calls for ways of speeding it up in recent years. A solution that … Continue reading Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

ConsolFreight released its new Proof of Concept report “Trade Forward” at the IoT Solutions World Congress in Barcelona. The ambitious project has the support of Telefonica, who provided connectivity through Kite, their IoT connectivity platform. It also included the collaboration of key organizations such as EOS Dublin using EOSIO blockchain technology, the Florida Blockchain Foundation, … Continue reading ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

The world’s second-largest bitcoin mining equipment producer, Canaan Inc., raised $90 million during its initial public offering (IPO). According to Bloomberg, the Chinese company based in Hangzhou sold 10 million American depositary shares at the $9 apiece on Nov. 20. The filings with the US Securities and Exchange Commission (SEC) show that the shares have … Continue reading World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians

Galaxy Digital Capital Management LP, an affiliate of Galaxy Digital Holdings Ltd, issued two Bitcoin funds with Bakkt and Fidelity Digital Assets as custodians for the funds, while Bloomberg L.P will be the pricing agent. These funds, the Galaxy Bitcoin Fund and the Galaxy Institutional Bitcoin Fund, offer low-fee to both institutional and accredited investors. … Continue reading Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians

US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year

The US Commodity Futures Trading Commission (CFTC), the derivatives regulator in the US, has collected over $1.3 billion in regulatory and administrative penalties in the fiscal year of 2019, including funds collected from cryptocurrency businesses, which ended on Sept. 30. In the annual report released by the CFTC Division of Enforcement, the regulator stated that … Continue reading US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year

Japanese University Integrates Blockchain for Tamper-Proof Academic Records

The Muroran Institute of Technology, located in Hokkaido, Japan, is piloting a blockchain initiative to authenticate its students’ academic records. As reported by the Nikkei Asian Review on Dec 3, the Japanese university has collaborated with Nippon Telegraph and Telephone West Corporation for the blockchain program expected to begin by March 2020. BarnardSoft Co. Ltd is … Continue reading Japanese University Integrates Blockchain for Tamper-Proof Academic Records

Is Bitcoin a Safe Haven Asset? US-Iranian Tensions Ignite Old Debate

Bitcoin’s price has improved significantly following the U.S. killing of top Iranian general Qassem Soleimani. As tensions escalate between the US and Iran, several crypto analysts have reconsidered the old debate on Bitcoin’s ability to function as a safe-haven asset similar to gold in times of geopolitical uncertainty. Bradley Keoun from CoinDesk wrote “For some market analysts … Continue reading Is Bitcoin a Safe Haven Asset? US-Iranian Tensions Ignite Old Debate

Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Toyota Leasing Thailand Co Ltd, the automotive leasing arm of Toyota Motor Thailand, has offered debentures through blockchain’s distributed ledger technology (DLT) based on the Securities and Exchange Commission’s regulatory sandbox. As reported by Bangkok Post on Jan. 16, DLT was deployed because it enables debenture issuers to view the real-time transactions of debenture holders. … Continue reading Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

Gemini announced the launch of its own cryptocurrency insurance company in its blog post, which resulted in becoming crypto custody with the broadest coverage at the moment. The company, named Nakamoto, Ltd., will become the world’s first captive company vested with securing Gemini custody; the company was being licensed the BMA (Bermuda Monetary Authority). Gemini … Continue reading Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

CFTC FinTech Research Wing Welcomes Innovators to Discuss with Regulators With its New Office Hours

LabCFTC, the United States Commodity Futures Trading Commission’s FinTech research wing, is planning to host office hours during the New York FinTech Week. According to the CFTC’s announcement, the derivatives regulator aims to engage with innovators in the industry during the New York FinTech Week, to be held end of March and early April. The office hours will enable interested innovators to be … Continue reading CFTC FinTech Research Wing Welcomes Innovators to Discuss with Regulators With its New Office Hours