Europe

STO platform registers with traditional bank to help move security tokens forward

STO Platform “Blockpulse” Registers with Bank of France to Move Security Tokens Forward

Security Token Offering (STO) platform, Blockpulse, registers with the ACPR Bank of France just in time with the aim to move security tokens forward. “Registration of Blockpulse at ACPR Banque de France with its partner, Lemonway, which is the leading European digital payment solution for investment platforms, completes successfully,” Blockpulse COO Marien Irzykiewicz told the […]

Blockchain system to track individuals not infected with high-risk viruses

Blockchain System to Track Individuals without any Virus Infection

Public Health Blockchain Consortium (PHBC) based in Netherland announces the release of a blockchain-based system that can track individuals without any infections from high-risk viruses like COVID-19. The motive behind the development is crystal clear which is to help healthy people stay away from potentially life-threatening diseases. The PHBC announced the release on March 19. […]

UK adds further regulation to already strict 5AMLD guidelines

UK Adds Further Regulation to Already-Strict 5AMLD Guidelines

To combat the alleged risks associated with crypto-assets and their networks, Her Majesty’s Treasury, the United Kingdom’s finance and economics department, has added additional measures. The new Money Laundering Regulations, or MLRs position the U.K’s Financial Conduct Authority (FCA) as the Anti-Money Laundering (AML) overseer for certain crypto objectives, Director of Retail and Regulatory Investigations, […]

MFSA releases feedback on security tokens

Malta Finance Authority Releases Industry Feedback on Security Tokens

The Malta Financial Services Authority (MFSA) has released feedback on the definition of security tokens and challenges such assets face in Maltese markets. In a paper published on Feb 25, the agency gave feedback on security token offerings (STO) from 18 industry stakeholders, including national agencies, regulated businesses, technology providers, law and consultancy firms, among […]

Revolut raises $500M in a fresh funding round & hits $5.5B market cap

Crypto-Friendly Fintech Firm Revolut Raises $500M at a $5.5B Valuation

United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb 25, makes the crypto-supporting app one of Europe’s most valuable fintech firms. Since late 2017, Revolut’s app has enabled its users to complete transactions in […]

european space agency funds blockchain project to record satellite data

European Space Agency Funds Blockchain Project to Record Satellite Data

While Bitcoin (BTC) might not be ready for the moon yet, its underlying technology of blockchain is being increasingly adopted in space. The European Space Agency (ESA), a major intergovernmental organization dedicated to space exploration, is funding a new blockchain project aiming to boost the world’s mining industry. A known contributor to blockchain technology applications, […]

bank of england

Bank of England to Explore Potential Use Cases of Digital Currencies

The Bank of England on January 21st, 2020, has officially announced that it will be exploring the use cases of central bank digital currencies (CBDC). However, the bank will work with a group of other central banks from around the globe. Moreover, each bank will share their learnings to educate each other on the potential […]

cryptocurrency exchange platform binance

Binance Adds Support for AUD and GBP Faster Payments Service

The cryptocurrency exchange platform, Binance, adds two new features on its platform. First, it enables support for the UK’s faster payments scheme for British Pound (GBP) transfers. Second, it extends its support for the Australian Dollar (AUD) for its direct fiat-to-crypto buying facility. New Features Released by Cryptocurrency Exchange Platform Binance via Banxa According to […]

First BTC FX

First BTC FX, People on Alert as FCA Warns About The Clone Firm

The Financial Conduct Authority (FCA) has warned people about a new clone firm. The clone firm’s name goes by First BTC FX. It is impersonating a legitimate company authorized by the FCA First Global(UK) Limited…