Decentralized crypto exchange Bancor announced that US users are banned from crypto trading on its platform starting from July 8. The announcement cited the uncertainty in the US crypto laws as the reason behind this strong decision. This announcement comes from the official blog post of the company. The post stated that this move would […]
US-based retail giant Target has announced to launch an open source blockchain based supply chain tracking. The company would integrate its components into the Hyperledger Grid project framework. This news comes from the official blog post of the company. According to the VP, the retailer worked with the blockchain technology called ConsenSource since mid-2018. However, Target […]
A big-time crypto exchange Bittrex announced it will block 32 crypto assets for US-based users. This news comes from an official Bittrex blog post. The users will get an email that will provide guidance on what they can and cannot do with such tokens before the change comes into effect The users will not be […]
After declaring itself as liquidated, Cryptopia is now all set to refund its account holders. However, the liquidators of the firm have filed for User Data Protection in the US court. As per the filing, the firm is appealing to the US that it is preserving the info it has stored on the servers of […]
The Marshall Islands, a US associated state near the equator in the Pacific Ocean, has signed an agreement with Tangem, a blockchain-enabled smart card company, to introduce Sovereign (SOV), the world’s first decentralized digital currency in physical banknotes form. However, the International Monetary Fund (IMF) has opposed the state’s plans to launch SOV. In September 2018, it urged the island not to create a national digital currency, due to the associated concerns such as macroeconomic and money-laundering.
Apple Inc. has announced that it is planning to provide Health Records feature on iPhone to enable veterans view their health records and other medical info via a single app. The app will allow users to check all their health-related information in a summarized health profile format. Details such as immunizations, conditions, allergies, prescriptions, procedures and lab test reports etc. will be displayed on the app.
WISeKey, a Switzerland-based blockchain and cybersecurity company, has opened a Blockchain Center of Excellence in Geneva, to focus on Fintech domain. The center is intended to promote the research and development of blockchain. As per the company, the opening of the center is the result of its partnership with the Blockchain Research Institute, which also aims to come up with more centers in the US, China, India, and Africa.
Jim Condos, the Secretary of State and Michael Pieciak, Financial Regulation Commissioner of Vermont, have signed a Memorandum of Understanding (MoU) to explore the potential benefits of using blockchain in the captive insurance industry. The project is expected to reduce intermediary costs and allow secure recordkeeping as compared to formal methods.