Latest Articles from : Max Yakubowski

After raising $103 million in September, a Swiss crypto bank startup expects a banking license from the Swiss financial regulator in the first half of 2019. The CEO of Swiss startup SEBA Crypto AG said in an interview that five “large asset managers” from both Germany and abroad have shown interest in their cryptocurrency bank, Swiss financial media outlet Cash reports Nov.
The “Guangdong, Hong Kong and Macao Dawan District Blockchain Alliance” has been established to promote and develop blockchain technology in China. The “Guangdong, Hong Kong and Macao Dawan District Blockchain Alliance” has been established to promote synergy and innovation and jointly promote the development of the blockchain technology, China News, the official state-run press agency, reported Nov.
The Crimean authorities are considering the creation of a blockchain-cluster within the special economic zones in Crimea. Crimean authorities are considering creating a blockchain-cluster in the form of a cryptocurrency investment fund to attract tech businesses to the territory.
The new shipping blockchain alliance includes nine of the world’s leading companies within the industry of shipping logistics and operations. Nine major terminal operators and shipping companies have signed a Memorandum of Understanding (MoU) to launch an open digital platform based on distributed ledger technology (DLT), The Maritime Executive, a major industry source for maritime and marine news, reported Nov.
South Korea’s government is set to triple its budget for 2019 to support blockchain industry. The South Korean government has agreed to invest $35 million in next year’s budget to develop blockchain technology and industry related to distributed ledger technology (DLT), South Korea's largest economic information service company Korea Economic Daily reported Nov.
The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble. The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble in a digital space, state-operated Russian news agency RIA Novosti reported Nov.
Leading South Korean cryptocurrency exchange Bithumb has partnered with Qoo10, an Asian e-commerce giant, to launch a joint payment service. South Korea's leading virtual currency exchange Bithumb has partnered with Asian e-commerce giant Qoo10 to provide a cryptocurrency payment service, according to an official announcement Nov.
The CEO of Dash, Ryan Taylor, told Cointelegraph that he believes that central bank-issued cryptocurrencies are the “inevitable future. ” The CEO of Dash Core Group, Ryan Taylor, told Cointelegraph in an interview Oct.
Crypto entrepreneur Vinny Lingham says global governments will push back against cryptos like Bitcoin, and many will issue their own coins. Bockhain entrepreneur and industry advisor Vinny Lingham told Cointelegraph in an interview Oct.
Rwanda’s tantalum mining traceability will be improved by British blockchain startup Circulor in tandem with Rwanda’s government. Rwanda has partnered with a U.
A division of Chinese e-commerce giant JD. com has opened a center for developing “smart cities” with blockchain technology and AI.
A new amendment from the South Korean government will exclude the sale and brokerage of digital assets from venture business classification. South Korean cabinet ministers have agreed to exclude digital assets trading companies from venture business classification, Business Korea reported September 27.
AT&T has announced a suite of blockchain solutions to provide security, transparency, and accountability for enterprise customers. U.
A Xinhua News Agency investigation revealed ways Chinese crypto investors are avoiding the country’s ICO ban. An investigation by the Xinhua News Agency has shown it is possible to bypass China’s Initial Coin Offering (ICO) ban, according to an article published September 26.
Chinese search engine Baidu has released a white paper for its so-called “Super Chain” technology. Chinese search engine and web services company Baidu has released the Baidu Blockchain White Paper V1.
Porsche has announced it will invest $176 million over the next five years in new technologies, including blockchain and AI startups. German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to a company press release published September 25.
Walmart will require its suppliers of leafy-greens to implement blockchain technology by September 2019. U.
The Spanish government plans to apply blockchain technology to develop the local forestry industry. The Spanish Ministry of Agriculture, Fisheries and Food plans to apply blockchain technology to develop the forestry industry, local news outlet EuropaPress reported September 21.
BofA has filed a new patent for managing the communication of data from Internet of Things devices. The U.
The French government is reportedly aiming to widen the legal framework for all crypto market participants by the end of September. The French government is reportedly planning to provide a legal framework for all “digital assets” providers, local news agency LesEcho.
Sources say Coinbase is consulting with Wall Street investment management giant BlackRock to launch its own crypto ETF. U.
Winklevoss IP, a company owned by twins Cameron and Tyler Winklevoss, has filed a new patent for digital assets security transactions. Cameron and Tyler Winklevoss’ company has filed a new patent for “securely storing digital assets,” the U.
A South Korean government agency is to double its budget for 2019 to support blockchain pilot projects for the public sector. The Korea Internet and Security Agency (KISA), a sub-organization of the South Korean Ministry of Science and ICT, has announced plans to expand public blockchain pilot projects to revitalize the domestic blockchain market, ZDNet Korea reports September 4.
People’s Bank of China has launched the testing phase of their new trade finance blockchain platform. The People's Bank of China (PBoC) has officially launched the testing phase of a blockchain trade finance platform, local news outlet Shanghai Securities News reported September 4.
Japan’s financial regulator, the FSA, has enhanced the registration screening process for cryptocurrency exchanges. Japan’s financial regulator, the Financial Services Agency (FSA), will fortify the process of registration screening for cryptocurrency exchanges, local media outlet The Japan Times reports September 2.
Hip hop artist Royce Da 5’9’ has mentioned Bitcoin in a track featured on Eminem’s new album “Kamikaze. ” Bitcoin (BTC) got a new mainstream mention from U.
Security token trading platform OpenFinance has launched a regulated alternative trading system for security tokens. OpenFinance, a security token trading platform, has launched a regulated alternative trading system (ATS) for security tokens, according to information shared with Cointelegraph August 29.
Chinese municipal government to establish new blockchain company to develop the local forestry economy. A county in China’s northern Sichuan province has signed a strategic cooperation contract to establish a new blockchain company in an effort to develop the forestry industry, local news outlet China Net reported August 24.
A LG Corporation subsidiary, LG CNS, is to focus on seven strategic key areas, including its blockchain platform, with its new brandings. LG CNS, a subsidiary of South Korean multinational conglomerate LG Corporation, has announced a plan to strengthen its enterprise offerings in seven key areas including blockchain, according to an official press release published August 22.
Japan’s financial regulator commissioner said the approach to crypto exchanges must both protect consumers and promote technological innovation. The commissioner of Japan’s financial regulator the Financial Services Agency (FSA) said that the agency wants the cryptocurrency industry to “grow under appropriate regulation,” in an interview with Reuters August 22.
Leading insurance holding Ping An of China, has released a "White Paper on Smart Cities,” promoting blockchain tech, among others. China’s Ping An Insurance, one of the world's largest insurance company groups, has released a "White Paper on Smart Cities," advocating for blockchain tech, AI, big data, and cloud computing, People’s Daily reports August 22.
BIS Research report claims that the “myriad” benefits of blockchain mean that the automotive blockchain market will reach $1. 6 billion by 2026.
Steve Wozniak, co-founder of Apple, reveals plans to get “involved” in a blockchain startup for the first time, praises the technology. Apple co-founder Steve Wozniak has announced that he plans to get “involved” in a blockchain project in what is a “first” for him.
The Shanghai Stock Exchange has agreed to cooperate with a number of insurance firms on improving the industry with blockchain tech. The Shanghai Stock Exchange (SSE) and Insurance Asset Management Association of China (IAMAC) have agreed to cooperate on improving the insurance and pension industries with the use of blockchain tech.
The UEFA has used a blockchain-based mobile phone app for ticket distribution for their Super Cup soccer match between Real Madrid and Atletico Madrid. The Union of European Football Associations (UEFA) has successfully deployed a new ticketing system via mobile phones based on blockchain technology, according to an August 16 press release.
Silicon Valley’s Y Combinator launches new division in China, announcing former Baidu COO and blockchain bull Qi Lu as its Founding CEO. The Ex-COO of ‘Chinese Google’ Baidu and blockchain bull Qi Lu has joined Y Combinator (YC) to run the company’s new China-based division, according to a blog post August 14.
Coinbase Index Fund announces it is reducing its annual management fee from 2 to 1 percent, as well as adding Ethereum Classic. Cryptocurrency exchange and wallet service provider Coinbase has announced updates to its Index Fund in a blog post published today, August 13.
The Tezos Foundation will support four big research institutions “in their efforts to advance the Tezos protocol and ecosystem. ” The Tezos Foundation has announced it will be issuing financial grants to research institutions for blockchain tech and smart contracts development, according to an official press release published August 9.
Singapore-based Golden Gate Ventures will launch a $10 million global fund for blockchain and cryptocurrency companies. Singapore-based venture capital firm Golden Gate Ventures will launch a $10 million fund for investments in blockchain and cryptocurrency companies, Reuters reported August 10.
The Bank of China is to increase investments in technological development, with blockchain among top priority areas, local news reports. The commercial, state-run Bank of China, not to be confused with the People’s Bank of China, announced its plans to invest further in fintech innovation, according to local news outlet The Paper August 9.
According to ICORating research for the second quarter of 2018, the amount of funds raised through ICOs has more than doubled. The Initial Coin Offering (ICO) market has more than doubled in a year according to ICORating’s ICO market report for the the second quarter of 2018, published August 8.
A new report from KB Financial Group says that only around 2 percent of South Korean assets holders would like to invest in cryptocurrencies. South Korean financial holding company KB Financial Group Inc.
Maerki Baumann has become the second Swiss bank to accept cryptocurrency assets, following Hypothekarbank Lenzburg. The Maerki Baumann private bank will become the second Swiss bank to accept cryptocurrency assets, financial news outlet International Investment reports August 6.
A new global alliance has been established by the UK’s Financial Conduct Authority to promote fintech collaboration. The UK Financial Conduct Authority (FCA) has announced the creation of a global initiative to improve collaboration on fintech innovations — like blockchain — between regulators and companies, according to an official August 7 press release.
West Virginia military personnel serving abroad will have the option to vote on a blockchain-based mobile app in this fall’s midterm elections. U.
Leading South Korean cryptocurrency exchange Bithumb is set to reopen services for a limited number of coins after a massive hack earlier in June. South Korea's leading virtual currency exchange Bithumb is set to reopen withdrawals and deposits today, according to an official announcement August 4.
Cryptocurrencies are not “real money,” but blockchain tech is worth experimenting with, said a Dutch Central Bank executive. An executive at the Dutch Central Bank has said that while cryptocurrencies are not “real money,” the bank has no plans to ban them, local news outlet Dutch News reported August 3.
Nobel Prize winning economist Paul Krugman calls himself a “crypto skeptic” in a New York Times opinion piece. Nobel Prize winning economist Paul Krugman has expressed his skepticism about the value of cryptocurrencies in a New York Times Opinion piece published July 31.
Billon and FIS have signed a Letter of Intent to explore blockchain integration for the global financial markets. UK fintech firm Billon has signed a letter of intent (LOI) with international financial services tech provider Fidelity National Information Services Inc.
Crypto exchange and wallet Coinbase has hired former Wall Street exec and banking regulator Jeff Horowitz as its new Chief Compliance Officer. Major U.
Nasdaq held a closed-door meeting this week with around half a dozen different companies to discuss cryptocurrency legitimation. A closed-door meeting was held by Nasdaq Inc.
Major banks from BRICS member states; Brazil, Russia, India, China, and South Africa, will study blockchain tech implementation. Five major banks from each BRICS member state signed a Memorandum of Understanding (MoU) on the development of distributed ledger technology (DLT), according to an official press release July 26.
CEO of Russian payments company Qiwi has claimed that one of his former employees used company’s equipment to mine 500K bitcoins back in 2011. The CEO of Russian payment services provider Qiwi Sergey Solonin has claimed that an ex-employee of the company used its payment terminals to mine bitcoins in 2011.
A joint report from a Chinese scientific research institute and Tencent Holdings finds blockchain can positively impact the financial sector. A Chinese scientific research institute and value-added Internet service provider Tencent Holdings have jointly released a July 24 report emphasizing the impact of blockchain on the transformation of traditional financial services.
The Catalonian Government has revealed a plan to implement blockchain technology to improve the activity of its public administration. The Generalitat de Catalunya (Government of Catalonia) has revealed a plan for blockchain tech implementation in its public administrative activity, according to the official press release July 24.
The Computing Technology Industry Association aims to demystify blockchain technology with its new guidebook produced for public sector officials. The Computing Technology Industry Association (CompTIA) has published a guidebook on blockchain technology, aimed at the public sector workers.
ConsenSys will help China build a “next generation smart city” in Xiongan by consulting on blockchain tech applications. China’s Xiongan New Area government has signed a Memorandum of Understanding (MoU) with ConsenSys to bring blockchain technology to the “smart city,” the South China Morning Post reported July 23.
The Libertarian Party gubernatorial candidate for Wisconsin will accept BTC donations, even as the Ethics Commission deliberates on its legality. The Libertarian Party candidate for Wisconsin governor will accept Bitcoin (BTC) donations despite the state’s Ethics Commission’s finding them a “serious challenge” to compliance with state law, local news agency the Milwaukee Journal Sentinel reported July 23.
A recent study by the Bank of Canada on the possibility of cheating in blockchain finds that double spending is “unrealistic. ” The Bank of Canada (BoC) has published a study on the “incentive compatibility” of blockchain technology this week, finding that double spending is an “unrealistic” outcome.
The newly founded Global Media Blockchain Alliance will reportedly work on creating a “healthy public opinion environment” for blockchain tech. The Global Media Blockchain Alliance has been established in Hong Kong to create a “healthy public opinion environment” for the blockchain industry, Taiwanese newspaper China Times reports July 20.
The final arguments in the Supreme Court regarding the Reserve Bank of India’s (RBI) crypto banking ban will be held in September. The Supreme Court of India’s hearing on the central bank’s ban on crypto dealings, originally scheduled for July 20, has been moved to September, according to a July 19 Twitter post by a team of Indian lawyers involved in crypto regulatory analysis.
JPMorgan has filed a new patent for obligation-backed virtual receipts on a distributed system technology like blockchain. JPMorgan Chase & Co has filed a new patent for a system that leverages blockchain for the management of virtual receipts backed by assets or bonds, according to a US Patent and Trademark Office (USPTO) patent filing published July 19.
An administrative district in southwest Seoul, Yeongdeungpo-gu, aims to improve the integrity of the proposal evaluation process by using blockchain tech. South Korea’s Yeongdeungpo-gu district has established a "Proposal Evaluation System" based on blockchain to improve the fairness and integrity of administrative procedures, according to a July 19 governmental press release.
Malta’s Stock Exchange and crypto exchange OKEx have launched a new platform for secure digital asset exchanges. The Malta Stock Exchange (MSE) in collaboration with digital asset exchange OKEx will create a new institutional grade security-tokens trading platform, says a MSE press release shared with Cointelegraph on July 19.
China will lead a joint working research group on IoT and blockchain within their international standards organizations. China will lead an international research group on the standardization of the Internet of Things (IoT) and blockchain technology, local news outlet Science and Technology Daily reports July 18.
Mastercard has filed a new patent for a payment system linking blockchain-based currency accounts with fiat accounts. Mastercard has filed a new patent for consumer protection and payment transactions based on blockchain technology, according to a US Patent and Trademark Office (USPTO) patent filing published July 17.
Britain could become a leader in blockchain technology and the crypto economy, according to a new report. A new report states the UK has the potential to become a leader in blockchain technology and the crypto economy by 2022, The Guardian reported July 16.
The Bank of Thailand’s governor says the bank is considering blockchain technology for multiple applications. The Governor of the Bank of Thailand (BoT), said that the bank is considering blockchain technology for various applications during a speech at the the Bloomberg ASEAN Business Summit on July 12.