“Token Day” in Singapore
Today, in celebration of the 10th year anniversary of cryptocurrency, Bizkey is launching ‘Token Day’ in Singapore. Held from October 31st to November 18th, Token Day is a campaign to familiarize the public with cryptocurrency in a retail setting. During this period, 30 retailers clustered around Chinatown in Singapore will accept various cryptocurrencies as payment. […]
Taiwan Financial Supervisory Commission Says it is Drafting ICO Regulations
The Financial Supervisory Commission (FSC) is drawing up national standards for initial coin offerings (ICOs) to make virtual tokens as easy to invest in as stocks and just as liquid, FSC Chairman Wellington Koo said yesterday. The draft is to be completed by June next year, he told a meeting of the Legislative Yuan’s Finance […]
ICO Portfolio is Down by 66% in the First Half of 2018
In the first half of 2018, 86% of the leading initial coin offerings (ICOs) that listed on a cryptocurrency exchange in 2017 are below their initial listing price and a portfolio of these ICOs is down by 66% since the peak of the market at the beginning of this year, according to a study from […]
NatWest to Launch R3 Corda Syndicated Lending Platform
NatWest has become the first bank to integrate with a new blockchain-based platform that aims to dramatically transform and streamline the global syndicated loans market. In 2017 syndicated loan deals worth over £3.5 trillion were brokered globally. The new platform is set to go live from November 2018. A syndicated loan is where the size […]
SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool
SimpleFX, one of the fastest growing CFD platforms, has just released a new version of SimpleFX WebTrader with the goal of becoming the fastest and easiest of all trading tools available at present. The company has also joined hands with the affiliate tracking platform Unilink.io to help its clients enjoy real-time revenue tracking benefit and […]
Korea’s Top Financial Regulator Reaffirms Negative Stance on ICOs
Korea’s top financial regulator has reaffirmed his negative stance on virtual currency transactions and initial coin offerings (ICOs), Business Korea reported Oct. 11. “The government does not deny the potential of the blockchain industry,” said Choi Jong-koo, the chairman of the Financial Services Commission, at the parliamentary audit session of his commission at the National […]
Securities Commissioner Issues Orders Against 3 Companies Promoting ICOs in North Dakota
North Dakota Securities Commissioner Karen Tyler has issued Cease and Desist Orders against 3 companies promoting unregistered and potentially fraudulent securities in North Dakota in the form of Initial Coin Offerings (ICOs). The Orders are the result of investigations being conducted by the Department’s ICO Task Force, convened by the Commissioner to identify ICOs and […]
South Korea’s Democratic Party Lawmaker Urges Authorities Allow to ICOs
A member of South Korea’s National Assembly has called on the state to “open up the road” to ICO by easing regulations, South Korean financial outlet Economy reports October 2. According to the article, Min Byung-doo, a Democratic Party lawmaker, will introduce a project of for ICO legislation at the next round of the National […]
500 Million HWG Cash will be Issued on everiToken Public Chain
Recently, Ho Wah Genting Group and everiToken announced the official signing of a strategic cooperation. Strategic Partnership Agreement: Ho Wah Genting Group & EveriToken AG Stablecoin Issuance at EveriToken Public Chain: USD 500 Mln HWG Cash. That means the Ho Wah Genting Group will issue a stable coin based on the everiToken public chain, and […]
Blockchain Technology Could Reduce Uncertainty in Foreign Trade
In its new policy brief, the Austrian Research Center International Economics (FIW) has examined the possible effects of digitization, including blockchain technology, on the export economy, Cointelegraph auf Deutsch reports today, September 28. The report was prepared by Bernhard Dachs from the Austrian Institute of Technology on behalf of the Austrian Federal Ministry for Digital and Economic Affairs and draws a positive […]
LINE Officially Announced the First 5 Decentralized Apps
The company said in a press release Friday that prediction, question-and-answer, product review, food review and location review dapps will launch in the coming weeks as the company works to build up its own token economy. As part of that effort, LINE will also begin offering its link token to markets outside Japan through its […]
DBX – The Blockchain For Real World Apps Launches Official ICO
September 19th, 2018, Singapore – The technology company that’s leveraging Blockchain to build applications and businesses with transparency and control of data in its core, begins ICO. DBX made headlines this week with the announcement of their ICO launch that is expected to shake up the Blockchain ecosystem. The ICO, which is now open, intends […]
500 Cryptocurrency Startups Have Found a Home in Switzerland
In an effort to maintain its status as a cryptocurrency hub, Switzerland has taken steps to help blockchain companies access the traditional financial system by making it easier for them to open corporate bank accounts. Faced with an exodus of cryptocurrency projects from the country due to falling access to the banking sector, the Swiss […]
New Generation of Mobile Crypto-Fiat Trading Solution
Tap’s internal Alpha was released earlier this week and the initial reaction from those that have seen it is pure excitement. Knowing how complicated managing your crypto portfolio is and how difficult it is to utilize your crypto in everyday situations, it was a breath of fresh air to see how simple, intuitive and complete the […]
Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold
Eidoo has become the latest cryptocurrency startup to seek to create a more stable token by tying it to the price of gold. The Switzerland-based startup says the ERC-20-compatible token, dubbed the ekon, will sit alongside its multicurrency wallet and decentralized exchange. But perhaps more notably, each token will be redeemable for one gram of […]
Paris Saint-Germain Soccer Club to Launch Fan Token
French soccer club Paris Saint-Germain (PSG) is partnering with blockchain platform Socios.com to launch a token ecosystem, according to a press release shared with Cointelegraph September 11. PSG plays in the highest tier of France’s soccer league and has been hailed as the country’s “most popular” team. Socios describes itself as a digitized, tokenized form […]
LINE Launches $10 Million Token Venture Fund
Japanese messaging giant LINE has launched a token venture fund with a capital commitment of $10 million via its recently established subsidiary called Unblock Ventures. The publicly traded firm announced the fund in a release on Wednesday and said it aims to invest in blockchain startups in an effort to boost technological development. While Unblock […]