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Burundi Bans Cryptocurrency Trading Due to Lack of User Protection

The Republic of Burundi in central Africa has banned the trading digital currencies in the country due to associated risks.As Bloomberg reported on Sept. 4, some Burundian citizens urged the government to take action regarding cryptocurrency trading after they lost money while dealing with virtual currencies. The government subsequently

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TruTrace Partners With Deloitte to Track Cannabis Using Blockchain

Blockchain tracking startup TruTrace Technologies Inc. partnered with Big Four auditing firm Deloitte to track cannabis using blockchain technology.Investing news outlet ProactiveInvestors reported on Sept. 4 that TruTrace is launching its StrainSecure product in partnership with Deloitte. The system in question reportedly employs blockchain technology to track cannabis from

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Luxembourg Branch of Accounting Giant PwC to Accept Bitcoin Payments

One of the “Big Four” accounting firms PwC, the Luxembourg branch, will accept Bitcoin(BTC)trade payments from clients beginning October 1st.PwC Luxemburg, a subsidiary of the world’s second-largest professional services firm, has announced on September 2nd that the firm will start accepting Bitcoin as a method of payment from its clients

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IMF Chief Christine Lagarde Encourages Open Cryptocurrency Regulation

European Central Bank (ECB) president candidate and International Monetary Fund (IMF) chief Christine Lagarde stated on Sept. 4 that central banks and financial supervisors should protect consumers but also be open to innovation such as cryptocurrencies.Changes are opportunitiesDuring her opening statement, shared with CryptoX in an IMF press release,

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Marshall Islands Official Explains National Crypto With Fixed Supply

An official from the Marshall Islands has published an essay explaining the country’s national cryptocurrency project ahead of the Invest: Asia 2019 conference.The issuance of the Marshallese sovereign (SOV) was discussed in an essay by The Honorable David Paul — Minister In-Assistance to the President and Environment of the

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Binance Buys Crypto Derivatives Exchange JEX to Enter the Futures Market

Binance has published an announcement on September 2nd, disclosing the acquisition of the little-known crypto derivatives platform JEX. One of the world’s largest crypto exchanges and trading platforms is planning to step into the derivative market and JEX might open the doors of crypto futures and options markets for Binance.Binance

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SK Group’s Securities Arm Teams Up With Blockchain Real Estate Firm

SK Securities, a branch of South Korea's largest telecom SK Group, has partnered with a local blockchain firm for a digital real estate beneficiary platform.The securities operator has signed a business agreement with Kasa Korea, a Seoul-based startup developing a digital securities blockchain platform for thereal estate market, Korean

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