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The major standalone investment bank of South America Banco BTG Pactual of Brazil has announced on February 21st. It will be getting into the digital currency market with its own blockchain based digital token, ReitBZ. The bank has the target of raising $15 million through an ICO. The token is going to be supported by […]
Top insurance companies have come up to protect the investors against the cryptocurrency theft. The companies are willing to protect against the volatility and yet to be a regulated market, but it has no doubt the business in this sector is proliferating. As of now, only a few insurance companies sell such insurance namely XL […]
Efforts to regulate the crypto assets is an area of discussion for many countries in the world, CySEC is also doing its part by putting in efforts to regulate it. They have revealed new details about it, and more discussions are taking place. CySEC wants to integrate EU antimoney laundering regulations into Cypriot laws thus […]
The major crypto exchange of United States, Coinbase has announced they have acquired blockchain based analytics startup Neutrino. The acquisition was mainly done to proactively prevent the illegal activities that revolve around the fund of the exchange. Neutrino is a blockchain based intelligent startup based in Italy. Coinbase has acquihire the talents of the company […]
The Korean government had decided to invest more than USD 1 billion for the development of Fintech and blockchain startups by 2022 for the capital city of Seoul. As per the official announcement published on 18th February. As per the announcement made on Monday, the government will use the Seoul Innovation Growth Fund to help […]
The largest economy of Europe, Germany has joined the bandwagon to explore the blockchain technology for various industries. As per the sources, the government of the country has opened the consultation process to understand the potential of the blockchain technology so they can come up with a policy before the summer. The tech hub Berlin […]
The second largest bank of Oman by its market value, Bank Dhofar has joined the Ripple Net technologies, a Fintech startup of California and a global payment network. They have joined the payment network for their cross-border transaction with India as announced by Mr. Naveen Gupta, the managing director and MENA at Ripple via a […]
The development team of Neo has made an announcement that they will be opening an office at Seattle, Washington. A former Microsoft employee, John deVadoss will lead the new regional office of Neo. He worked for Microsoft for about 15 years during this period he became the General Manager of Microsoft digital branch. He is […]
According to the latest update from e-commerce giant of Japan, Rakuten Inc., they are planning to strengthen their support for cryptocurrency by adding exchange services to their existing mobile app in a coming month. They are planning to add the cryptocurrency payment in conjunction with traditional currency according to the earnings report published by the […]
One of the leading telecom company of South Korea KT corporation has been given the opportunity to create a local virtual currency for the South Korean city of Gimpo. As reported by the local media ZDNet published on the 14th of February. In today’s world cryptocurrency is getting introduced to the financial ecosystem in various […]
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