The FCA (Financial Conduct Authority) of the U.K. has declared the making of a worldwide program to enhance partnership on fintech innovations (such as blockchain) between companies and regulators. This is as per an official press release issued this week. The FCA claims that the new treaty, GFIN (Global Financial…
Thailand’s central bank has announced the rules under which financial institutions, including commercial banks and their subsidiaries, can participate in cryptocurrency services. These include securities, asset management, and insurance. This follows the crypto-regulatory structure, which was brought into action in the previous month. The Central Bank of Thailand, Bank of…
A social media application that is powered by bitcoin cash that was reported earlier in April has grown in multiple ways with more functions, extensions, and users. When the project was launched, immediately after a few weeks later, a similar platform with the name Blockpress appeared, but about a month…
Ethereum (ETH) has got into an accord with an end-to-end domain services provider MMX (Minds + Machines Group Limited) that will enable ENS (Ethereum Name Service) obtain a top-level domain name, as per a press release. Within the accord, consumers of ETH will be capable of registering their addresses with…
Bitmain Technologies Ltd. this week declared the rollout of its latest blockchain mining facility and data center in a rural part of Texas in the U.S. The firm’s declaration stated: The Milam County cryptocurrency mining facility and blockchain data center represents a major component of expansion plans and tactical investment…
Chinese blockchain research team at Fudan University has developed a blockchain-based system that will assist in optimizing the power grid of China. The technique that Chinese blockchain research team has developed takes advantage of the ability of blockchain to allow automatic micro-payments. A patent has been filed by the researchers…
Coinjar, a financial services and cryptography company based in Australia and the United Kingdom, claiming more than $1.2 Billion in virtual currency transactions, announced the launch of first cryptocurrency index fund in Australia. The Coinjar Digital Currency Fund is an index fund for wholesale investors. To be eligible, investors must…
According to the documents published by the US Patent and Trademark Office (USPTO) on August 2, Japanese electronics giant Sony has applied for two patents to stimulate blockchain-based ecosystems. With these patents, Sony intends to advance the design and organize the blockchain hardware by bringing in new circuits in the…
Coinbase, the leading cryptocurrency trade exchange, earlier this week, declared that it is now functional on the final parts for testing support for ETC (Ethereum Classic). Coinbase, in June, disclosed that it had intentions to include Ethereum Classic to its registered assets with reports to follow and at present, in…
Details of 760,000 diamonds are been placed on blockchain as stated by a subsidiary of the foremost web-only insurer of China, ZhongAn Insurance. ZhongAn Technology—that is publicly registered in Hong Kong—declared the rollout of its gem-tracking blockchain app, stating that the development was made to attain a higher level of…