10/28/2019
FCA new webpage on Cryptoassets: AML/CTF regime
The MLRs apply to businesses in a range of sectors at risk of facilitating money laundering or terrorist financing
Bitcoin, Blockchain & AI
10/28/2019
Bahamas to Introduce their own Fiat Digital Currency to Solve Post Disaster Economic Issues
The central bank aims to regulate the currency fully by bringing in policies to prevent money laundering, terror financing, and other illicit activities.
10/28/2019
UAE Accepts Crypto Regulation, Blockchain Projects Stand to Benefit
With the focus usually on China, Japan or the United States, the Middle East is an area that doesn't often get the attention it deserves when it comes to blockchain and cryptocurrencies.
10/28/2019
Crypto Capital Official Nabbed in Money Laundering Probe
A Crypto Capital principal, Oz Yosef, also known as Oz Joseph, has been indicted by a grand jury in New York on charges of conspiracy to commit bank fraud, bank fraud and conspiracy to operate an unlicensed money transmitting business
10/27/2019
China studying blockchain application for forex - regulator
China's parliament on Saturday passed a new law on cryptography, as the country gears up to launch its own digital currency.
10/27/2019
UAE Accepts Crypto Regulation, Blockchain Projects Stand to Benefit
However, barring a few highly restrictive countries, such as Iraq and Kuwait, the region generally exhibits a very progressive and supportive stance when it comes to the blockchain industry.
10/25/2019
Major Korean Banks Back Bitcoin Startup Coinplug’s $6.4 Million Round
The new funding is described as a Series B2 round and comes four years after it raised $5 million in the Series B round, also backed by Mirae Asset Venture Investment and KB Investment at the time.
10/25/2019
Central Bank exploring ‘early introduction’ of digital currency on Abaco post-Dorian
The digital currency roll-is a key element in the Central Bank’s drive to modernize The Bahamas’ payment system, move consumers away from reliance on cash to electronic payments, and improve access to financial services – especially in r
10/25/2019
Thailand’s SEC Approves ICO Platform – Leading the Region in Progressive Token Regulations
According to the Reference letter Seamico Securities Public Company Limited (the “Company”) informed the Stock Exchange of Thailand that SE Digital Company Limited (“SE Digital”)
10/24/2019
CIMB Singapore and iTrust link up for trade finance blockchain transaction
The platform aims to address many of the fraud risks facing trade finance, such as phantom cargoes, fabricated documents and theft, by making the end-to-end trading process more transparent.
10/23/2019
Leading Japanese Bank SMBC Completes Blockchain Cross-Boarder Test Using R3’s Marco Polo
After Indorama Ventures, Mitsui & Co and Bangkok Bank successfully finalized a cross-border proof of concept payment, Sumitomo Mitsui Banking Corporation (SMBC), who is Japan’s third biggest bank for assets under management, plans to leverage R3
10/23/2019
Major Japanese bank takes the leap into blockchain; decides to use Marco Polo
The bank has stated that they expect the platform to launch within the third quarter of 2019 to become a leading provider of next-generation global trade finance solutions.
10/23/2019
The New Face of Currencies
In this instance, our objective is to aid in demystifying the marginal distinction between the two types of digital currencies that currently exist
10/22/2019
Dubai Chamber and Emirates NBD to issue blockchain-powered trade finance solutions
The DCCI has now also signed a Memorandum of Understanding with Emirates NBD
10/22/2019
Blockchain Firm Algorand Announces Sharia Certification for Islamic Finance
Cointelegraph reported in August that Dubai-based fintech company Wethaq partnered with enterprise software firm R3
10/22/2019
Indonesia issues world's first blockchain sukuk
Islamic financial firms are incorporating social elements, such as environmentally-friendly and sustainable practices, to widen their appeal beyond religiously-minded customers in the Gulf and Southeast Asia.
10/20/2019
China’s cryptocurrency plan has a powerful partner: Big Brother
The system emerging in China looks very different from bitcoin and other cryptocurrencies that enthusiasts have championed as tools of emancipation from big banks and governments.
10/20/2019
International Intelligence Could Be Set For A Revolution With Bitcoin
The investigators were able to trace Bitcoin transactions that the key suspect has been using to manage the finances of the illegal activities.
10/20/2019
Fidelity’s search for the technology of tomorrow
Buffeted by falling fees and rising costs, the asset manager is investing heavily in an effort to remain competitive
10/20/2019
Who Is Going To Make Money In AI? Part I
We are in the midst of a gold rush in AI. But who will reap the economic benefits? The mass of startups who are all gold panning? The corporates who have massive gold mining operations? The technology giants who are supplying the picks and shovels? And wh