“New FATF regulations will bite next year” NexChange Interview Series with Adam Vaziri, CEO of Blockpass, Part 1

This article is contributed by our content partner, Nexchange NOW. Sign up for Block O2O event “STO: Blockchain Powered Next-level Fintech” on Nov 5th 2019 and get to listen to Adam and Blockpass team’s vision of STO operational hurdles and solution – in person! Olga Yaroshevsky: Blockpass has quite a fruitful year – in terms … Continue reading “New FATF regulations will bite next year” NexChange Interview Series with Adam Vaziri, CEO of Blockpass, Part 1

Libra Testnet ‘Going Strong,’ Boasts Over 51000 Transactions and 34 Projects

This article is contributed by our content partner, Nexchange NOW. Regulators may think it’s the work of the devil but Facebook’s crypto project, Libra, has been “going strong.” In an announcement, the Libra Association declared that the much-maligned venture has been “going strong,” adding that the Libra testnet has logged over 51,000 transactions and a … Continue reading Libra Testnet ‘Going Strong,’ Boasts Over 51000 Transactions and 34 Projects

The PLA Could Get Blockchained

This article is contributed by our content partner, Nexchange NOW. The Chinese military could benefit from the blockchain, the Global Times reports citing the People’s Liberation Army (PLA) Daily. The PLA could reportedly use the technology to store military personnel data including basic information, career path, and missions undertaken. It could theoretically boost training, too … Continue reading The PLA Could Get Blockchained

Less Than 10% of Chinese Blockchain Companies Actually Have Blockchain

This article is contributed by our content partner, Nexchange NOW. Here’s something unsurprising, The Block, citing China’s “Focus Report,” says that over 90% of China’s 32,000 blockchain companies don’t have the technology: On Monday, “Focus Report” released a full episode on the prevalence of fraud in China’s blockchain and cryptocurrency space. Titled “Blockchain is not … Continue reading Less Than 10% of Chinese Blockchain Companies Actually Have Blockchain

Japan’s SBI Acquires Stake in Securitize

This article is contributed by our content partner, Nexchange NOW. Two months after it raised $14 million from Santander, MUFG, and a few others, San Francisco-based Securitize gets another big investment. According to CoinDesk, Japanese financial services giant SBI Holdings has invested a “seven-figure sum” in the company. In a statement, SBI Holdings CEO and … Continue reading Japan’s SBI Acquires Stake in Securitize

Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

This article is contributed by our content partner, Nexchange NOW. Cue the conspiracy theories! According to the Block, hedge funds were inordinately short CME bitcoin futures compared to their peers the past week. So much so that net short positions among the hedge funds trading the product were at an all-time high the past two … Continue reading Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

BNY Mellon Joins Marco Polo Trade Finance Consortium

This article is contributed by our content partner, Nexchange NOW. The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:” The $373-billion asset bank is evaluating Marco Polo’s … Continue reading BNY Mellon Joins Marco Polo Trade Finance Consortium

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Tim Draper’s venture studio has launched a new WordPress plugin, which makes it possible for anyone to create a cryptocurrency exchange on a WordPress-based website. Established in 2018, Goren Holm Ventures is an incubator/accelerator firm based in Santa Monica, California. A well-known investor and venture capitalist, Tim Draper partnered with Goren Holm Ventures in 2019 … Continue reading Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.  Russian Parliament: How It Works  Russian legislative system is separated in different readings for different bills, to determine the criteria for law adoption of each proposed regulatory rule. Each bill undergoes three readings as it transitions from a draft to adoption phase. The third reading, … Continue reading Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany’s Federal Ministry of Finance (BMF) and the Federal Ministry of Justice and Consumer Protection (BMJV) have introduced a bill that highlights the adoption of digital securities as a crucial element of Germany’s blockchain strategy. Germany’s official blockchain strategy will feature the adoption of digital securities at its core according to a new draft bill … Continue reading Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

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