Cryptocurrency Analysis and News Portal
OCBC has become the first Singapore-based bank to join JPMorgan Chase’s interbank blockchain network.According to a Business Times Singapore report on Sept. 20, a total of 134 banks from the Asia-Pacific region are now participants in JPMorgan’s blockchain-powered interbank information network (IIN).OCBC is the second-largest bank in Southeast Asia by assets
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American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading.According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution.As such, the company will not have to put its dividend shares on
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Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, CryptoX Japan reports.FSA approval receivedFollowing regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly launched crypto platform today.In accordance with previous announcement, Bitmax will initially
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LINE, provider of Japan’s most popular messaging app, has just been approved for a cryptocurrency business license in the country. The news, reported by CoinDesk Japan on Friday, means it will be able to offer its crypto exchange services
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LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant LINE, has obtained a crypto exchange operating license from Japan’s financial regulator.The news was reported by CryptoX Japan on Sept 6.Trading for 5 major cryptocurrenciesAs previously reported, LVC Corp.’s trading platform, to be dubbed BITMAX, will enable
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The second-largest fantasy sports provider Fanduel has revealed customers can make deposits on the platform using cryptocurrency. Fanduel members can now top up their accounts with BCH or BTC via
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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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American asset management firm Franklin Templeton Investments has filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a government money market fund with a focus on blockchain-based shares.According to a Sept. 3 SEC filing, Franklin Templeton’s fund will make investments in a range of
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Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, partnered with American distributed ledger technology (DLT) firm Adjoint to launch a blockchain financial management and insurance solution.Telecommunications industry news outlet CommsMEA reported on Sept. 2 that the solution is the first of its kind. With this service, clients
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PNC Treasury Measurement revealed that it was going to employ RippleNet’s blockchain technology for processing its cross-border payments.PNC, one of the leading banks in the U.S., has partnered with the major crypto firm Ripple, which specializes in cross-border payment and operates the Ripple (XRP)trade cryptocurrency, to enable the bank building
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