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HSBC Used Voltron Blockchain in a Letter of Credit Transaction Using Yuan


On Tuesday, HSBC used the technology of the Voltron blockchain platform and completed a transaction between Hong Kong’s MTC Electronics, sending LCD parts to its parent company in Shenzhen. It was a letter of credit transaction, done using Chinese renminbi (Yuan). Letters of credit or bankers...

The People’s Bank of China (PBoC) Keeps a Tighter hold on FinTech


The most recent news declares that PBoC (The People’s Bank of China) is looking forward to keep a tighter grip on the country’s FinTech, digital lending markets, and Blockchain. Additionally, China’s national bank stated that it expects to use the technology to upgrade the flow...

Doors To The Cryptocurrency Accounts Opened For European Citizens by Bitwala


Bitwala has announced the launch of their bitcoin banking app for iOS and Android. Bitwala is a  Berlin-based crypto banking startup with customers in about 31 of the European countries. All of these residents can now apply for a German account in the banks, with functionalities like bitcoin wallet...

More Crypto Regulations for Japan as Bank Reveals Wallet Plans


Japan’s regulatory Financial Services Agency (FSA) looks set to beef up its policing of the country’s cryptocurrency exchanges. Per a report from Japanese media outlet Crypto Watch, the FSA wants to revise more laws and bolster cooperation with overseas authorities. Exchanges will be cheered by...

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