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Tether Plans to Launch CNHT, An Offshore Stablecoin in China
31.8.2019
Tether Holdings announced its plans to launch an offshore stablecoin in China which is to be backed by renminbi (Yuan). It is to be dubbed CNHT. After Bitfinex enabled trading of Tether on their platform in 2015, Tether’s USDT made a massive impact on the crypto economy of China. To date, it...
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Elwood Asset Management Plans to Attract Investors with Cryptocurrency Management Venture worth $1 Billion
30.8.2019
Presently, an asset management firm that deals with the crypto resources of Alan Howard, billionaire trader, is working on a cryptocurrency hedge fund platform that might reach 1 billion dollars in assets, as reported by the Financial Times. The platform built by London-based Elwood Asset...
Securities Exchange MERJ Plans ‘World’s First’ Security Token IPO
30.8.2019
Seychelles-based securities exchange MERJ plans what it claims is the world’s first initial public offering of securities tokens
More Crypto Regulations for Japan as Bank Reveals Wallet Plans
30.8.2019
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...
Thai Customs Department Plans to Use IBM’s Tradelens to Track Shipping
30.8.2019
Thailand’s Customs Department plans to use IBM’s Tradelens blockchain solution at ports
DeFi Startup Findora Weighs Funding Options, Plans First Apps in 2020
29.8.2019
John Powers. Source: Twitter, @FindoraOrg
Stanford-based Findora, a developer of a public blockchain for building financial applications, is in talks with investors as the startup is looking to announce their first apps and partnerships in the first quarter of 2020, John Powers, Chief Strategy...
Tether Plans to Issue CNHT — A Chinese Yuan-Pegged Stablecoin
21.8.2019
A Chinese yuan-backed stablecoin is on the horizon for Tether
Crypto Exchange Startup INX Plans to Raise $130 Million in Landmark IPO
20.8.2019
A crypto trade startup, INX Limited, plans to raise funds for 129.5 million dollars through an Initial Public Offering (IPO), in the sale of first security token enlisted with the U.S.SEC (Securities and Exchange Commission). Additionally, INX’s deal would be one of the largest, thoroughly...
China Outlined Plans for Development of Shenzhen Special Economic Zone, Which Includes Promotion of Digital Currency
19.8.2019
The Central Committee of the Communist Party of China on 18th August laid out the strategies for the future improvement of the Shenzhen Special Economic Zone, which includes the research and development of digital assets and the national cryptocurrency dependent on the renminbi. Especially,...
All-Crypto Retirement Accounts Will Be Fined: Australian Tax Office
16.8.2019
Investors who hold 90 percent of their retirement savings in cryptocurrencies may face penalties of up to 4,200 AUD
Binance Removes US Resident Ban, Plans US Launch in "a Month or Two"
16.8.2019
Source: a screenshot, Instagram/Binance
As Binance CEO confirmed that its American branch will open within “a month or two,” the exchange also appears to have removed the previously reported ban for U.S. residents on its main trading platform.
In an interview with Cheddar on Thursday, Binance...
R3 Announces Plans to Open New Office in Dublin in 2020
15.8.2019
The Enterprise blockchain software firm, R3 declares its plans to open the second European office in Dublin in 2020, as a significant part of its fast extension plans. The workplace will fill in as another of R3’s tech hubs and will be initially staffed by specialists in engineering who will...
India Plans to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses
10.8.2019
The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped...
Ripple in 'Multiple' M&A Talks, Plans 100 New Contracts in 2019
9.8.2019
Brad Garlinghouse. Ripple, a California-based major blockchain startup focusing on the banking sector, is in talks over "multiple" potential investments and acquisitions, CEO Brad Garlinghouse confirmed.
In an interview with Yahoo Finance UK on Friday, the CEO said that, when it comes to the areas...
Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide
9.8.2019
Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup...
ECB Says It Plans to Use More On-Chain Data to Monitor Crypto Assets
7.8.2019
The European Central Bank has issued a new report revealing plans to use more granular blockchain data to better monitor the crypto markets
South Korean Watchdog Plans Direct Supervision of Crypto Exchanges
7.8.2019
A South Korean financial watchdog under the Financial Services Commission aims to more closely supervise exchanges in line with FATF standards
Thailand Government Plans to Amend AML Laws to Prevent Illicit Activities using Cryptocurrencies
6.8.2019
Regulator of Thailand declared that the controller would make changes in the regulation to avoid crypto use for unlawful operations, a local news outlet said. Besides, he declared that AMLO would concentrate on revising existing anti-money evasion regulations to counteract the utilization...
Samsung Galaxy Note 10 to Feature Crypto Wallet, SDK in Plans – Report
6.8.2019
What the Note 10 Plus will reportedly look like. South Korean media outlets are confirming that Samsung’s newest flagship phablet, the Samsung Galaxy Note 10, will feature a cryptocurrency wallet.
The new device, a phone-tablet, is set to be released tomorrow (August 7), and will likely feature...