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Bitbond, a Germany-based firm that provides blockchain enabled tokenization services, announced on Tuesday that it had become a member of the German bank association Bankenverband. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
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The People's Bank of China has officially added Chengdu, the capital of China's Sichuan province, to the list of regions carrying out fintech innovation supervision pilots, according to local news on July 20.Industry insiders believe that Chengdu's official approval will further accelerate fintech innovation and actively help Chengdu build a
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Revolut customers in 49 U.S. states can now buy, hold and sell bitcoin (BTC) and ether (ETH) on the digital bank’s crypto platform. The British fintech firm entered the U.S. in March and waited until it had already established its core products in the country before launching bitcoin services as well,
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Despite the prolonged U.S.-China trade tensions and Covid-19’s ravaging effects on the economy, China’s tech sector continues to grow, thanks to the nation’s push for tech self-reliance. As a result, China’s tech sector currently has an R&D war chest totaling US$616 billion — and with that, continued investments in blockchain
Read MoreFinHub, a fintech arm of the U.S. Securities and Exchange Commission (SEC) will now host digital meetings for industry players amid COVID-19 lockdowns."To facilitate ongoing communications, FinHub will host a series of thematically-based virtual P2P meet-ups over the next few months," the commission said in a June 11 statement, adding:"During
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[sociallocker id="55298"] Blockchain firms are increasingly dominating Hong Kong’s financial technology sector, with 39% of new firms launching in the country’s fintech industry last year operating with distributed ledger technology, or DLT.According to Hong Kong’s Financial Services and Treasury Bureau, DLT represents an increasingly dominant share of the country’s new
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Ten31, the FinTech arm of Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital.While the entities have yet to detail the specific projects they’ll work together on, a press release announced that the partnership will involve exploring blockchain applications within the context of banking and financial services.Anquan Capital
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Global Stock Exchange Group, a Gibraltar-based fintech firm that deploys blockchain solutions to drive interoperability between the cryptocurrency and traditional markets, launched its Grid tokenized securities platform in Estonia on May 7.The Grid facilitates the tokenization of new and existing debt securities and funds. The Global Stock Exchange group, or
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Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market.Baker-Taylor has over 20 years of experience in HSBC, Citi, and the Royal Bank of Scotland, and was the executive director of U.K.-headquartered blockchain and digital assets industry
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Bank of China launched its first fintech innovation regulatory pilot project in Beijing last year. The bank announced plans to expand its regulatory pilot projects in six more cities and districts on April 27.The bank plans to conduct pilot projects in Shanghai, Chongqing, Shenzhen, Hebei Xiong'an New District, Hangzhou and
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