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Financial Giant Fidelity Pilots Tokenized Employee Rewards Initiative

28.11.2019
Fidelity’s research and development division has completed a proof-of-concept process with security token expert Tokensoft, says the latter’s Head of Operations Lawson Baker in a recent blog post – creating a tokenized rewards system for Fidelity employees. Fidelity is the fourth largest asset...

Accounting Giant KPMG Unveils Blockchain-based Track & Trace Platform

28.11.2019
World-class consultancy firm, KPMG has unveiled a promising blockchain-oriented track and trace revolutionary solution in strong financial economies of Japan, China, and Australia. Launched by the name of KPMG Origins, the platform integrates the expertise of blockchain technology, Internet...

Giant Indonesian Market Gets 'First' Regulated Local Crypto Exchange

27.11.2019
Source: iStock/Bicho_raro An Indonesian cryptocurrency exchange platform named Tokocrypto says it has become the first platform to officially register with the country’s financial regulator, the Commodity Futures Trading Regulatory Agency (known locally as Bappebti). Recently introduced legislation...

XRP Friendly Japanese Giant SBI Goes STO, Invests in Securitize

27.11.2019
Japanese financial giant SBI Holdings has entered another crypto business by investing in major U.S. based security token platform Securitize. SBI "strongly believes in the future of digital securities," SBI Holdings CEO Yoshitaka Kitao was quoted as saying in a statement. "Japan’s economic...

HSBC Closes Account Used to Support Hong Kong Protesters

22.11.2019
For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...

Bitcoin Mining Equipment Giant Canaan Fails to Raise USD 100 Million

21.11.2019
The second largest producer of Bitcoin mining equipment, China-based Canaan, has finally completed its initial public offering (IPO) after the third attempt, raising less than estimated. While many have estimated that the company will raise USD 100 million at a USD 1.6 billion market...

The Bank of Google Wants Your Spending Data

16.11.2019
The multinational technology giant Google has plans to get into the banking industry according to multiple reports that reveal the firm intends to work with Stanford Federal Credit Union and Citigroup. However, analysts assert that Google is not jumping into banking for revenue purposes and...

Banking Giant With 16 Million Clients, RBC, Goes Crypto - Report

12.11.2019
The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, is set to open a cryptocurrency exchange, according to a report from The Logic. The media outlet claims it has learned that the RBC wants to allow customers to trade in cryptocurrencies such as Bitcoin and Ethereum...

Japanese Giant SBI Makes Millions With Crypto, Praises Ripple

31.10.2019
Japanese financial giant SBI Holdings has revealed that its cryptocurrency ventures are making a profit – and its influential CEO Yoshitaka Kitao has played down the potential of Bitcoin (BTC) and other altcoins, while singing the virtues of Ripple (XRP). According to mid-financial year figures...

Mining Giant Bitmain Confidentially Files for U.S.-Based IPO

30.10.2019
According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement...

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