Singapore, Canada Central Banks Conduct First Cross Border Blockchain Digital Currency Exchange
The Monetary Authority of Singapore (MAS) and the Bank of Canada have set the trend becoming the first central banks to use DLT for a digital cross border payment. MAS linked up with its Canadian counterpart Project Jasper via its own pilot payment network Project UBin in a cooperative attempt to lower the cost of […]
Mastercard, Coinbase, Among 40 Firms in $42 Million Lobbying Deals in Q1 2019
Political news portal Roll Call reported this week that some 40 corporate entities had spend a total of USD 42 million in the first quarter of 2019 to lobby for blockchain and crypto related causes. It based its report on data from the Federal Election Commission. While crypto industry names such as Coinbase may not […]
GrayScale Investments Hoists Bitcoin in #DropGold Campaign
Digital currency and crypto asset management firm Grayscale Investments LLC has launched a new campaign calling for Bitcoin to replace gold as a store of value in the new global digital economic model. The #DropGold campaign was unveiled with a TV commercial, which has now gained over 88,000 views on Twitter in the past day. […]
Australian Labor Party Unveils Plans for National Blockchain Academy
The Australian opposition Labor Party has announced plans to establish a national blockchain academy to be based in Perth in Western Australia, should it be elected at the next general election. The AUD 3 million (USD 1.5 million) investment was announced by Ed Husic, Labor’s shadow minister for assisting small business, this week and is […]
Amazon Managed Blockchain Goes Live
Amazon has just announced its new managed service enabling users to be able to create manage scalable blockchain networks. The service called Amazon Managed Blockchain is currently available in North Virginia after the company announced the blockchain-as-a-service (BaaS) at its AWS re:Invent conference in November 2018. Jeff Barr, chief evangelist at Amazon Web Services commented […]
Gold Investment into Bitcoin Could Improve Performance, Enhance Diversification
Digital asset management company Grayscale Investments goes more public with Bitcoin investment in its recent ‘Drop Gold’ campaign, according to a press release. In what appears to be an attempt to laud Bitcoin as the future replacement of gold investment, Grayscale Investments has raised a clarion call for investment portfolios to reflect that Bitcoin has […]
ITIF Launches Blockchain Bible for Policymakers
The Information Technology & Innovation Foundation (ITIF) has released a policymakers’ guide for blockchain regulations, as reported by CoinTelegraph. The independent non-profit has been providing guidelines and recommendations for the handling of new technology since being founded in 2006. ITIF has prepared a range of proposals for better regulation of blockchain in this new guide, basing it […]
Massachusetts Regulator Forms Fintech Advisory
Startup Founder has reported on a new financial technology (fintech) advisory group formed by the office of the Commonwealth Secretariat of Massachusetts, which oversees the US state securities regulator. Among those forming the group are representatives from Boston’s Eastern Bank, blockchain startup Arwen, and legal and academic experts as well as other commercial firms. The […]
