Singapore’s iSTOX to Launch a Regulated Digitized Securities Platform in 2020

Capital markets platform iSTOX has joined Singapore’s regulatory sandbox to launch digitized securities trading in late 2019, the firm announced in a tweet on May 24.

Following its addition to the Monetary Authority of Singapore (MAS)’s FinTech Regulatory Sandbox on May 1, the Singapore-based company will start providing service for the trading of digitized securities starting from Q4 2019,

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Latin America’s Largest Investment Bank to Launch Its Own Security Token

Latin America’s largest investment bank Banco BTG Pactual SA is releasing its own blockchain-based security token, Bloomberg reported on Feb. 21.

The token dubbed “ReitBZ” — which will be backed by distressed real estate assets in Brazil —  will reportedly enable the bank to provide its real estate business to international investors at lower costs than with traditional means.

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Japanese IT Giant GMO Confirms Launch of Yen-Backed Stablecoin GYEN in 2019

Japanese IT giant GMO Internet has confirmed that it plans to launch its yen-backed stablecoin GYEN this year, Cointelegraph Japan reported today, Feb. 12.

The news was revealed during an earnings presentation to investors held today, after GMO released financial results for the fiscal year ending Dec. 31, 2018.

The firm’s founder and CEO,

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UAE Exchange, Ripple to Launch Blockchain Remittances to Asia by Q1 2019

United Arab Emirates-based UAE Exchange has partnered with Ripple to launch blockchain-based cross-border remittances to Asia by Q1 2019, Reuters reports Dec. 13.

According to the report, UAE Exchange, a part of payments and foreign exchange company Finablr, is among the key players in the Middle East region, which sees high levels of remittance inflows from expatriate workers.

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Binance to Launch Its Own Blockchain ‘Binance Chain’ in ‘Coming Months’

Binance, the world’s largest crypto exchange by trading volumes, will launch its own blockchain “Binance Chain” in the “coming months,” as the company revealed in a tweet on Dec. 4.

The new Binance-backed blockchain aims to provide a basis for creating new cryptocurrencies and Initial Coin Offering (ICO) tokens, as the company said in the tweet:

“Binance is pushing for blockchain adoption and doing many things to help advancement of the industry.

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Visa Set to Launch Blockchain-Based Digital Identity System with IBM in Q1 2019

Visa is readying its blockchain-based digital identity system for cross-border payments for launch in the first quarter of 2019, according to a press release published October 21.

The system, dubbed Visa B2B Connect, will provide a blockchain-based digital identity solution for financial institutions to securely process cross-border payments. The system reportedly tokenizes sensitive business data – such as banking details and account numbers – granting them a unique cryptographic identifier that will be used for transactions on the platform.

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Alibaba's Ant Financial to Launch Blockchain Backend-as-a-Service Platform

Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is launching a blockchain BaaS (Backend-as-a-Service) platform, local news outlet China Money Network reports September 21.

The announcement was reportedly made by Ant Financial vice president Jiang Guoefei at the Ant Technology Exploration Conference (ATEC) in Hangzhou yesterday. The new BaaS platform is being launched in tandem with an enterprise-focused “ant blockchain partner program” that will reportedly enable small- and medium-scale businesses to implement and innovate new blockchain solutions.

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Uber’s Largest Shareholder to Launch Cross-Carrier Mobile Payments Service Based on Blockchain and RCS

Japanese tech giant SoftBank is developing a blockchain-powered cross-carrier mobile payments service, the company reported in an official press release published September 12.

SoftBank’s new proof-of-concept (PoC) development was announced in partnership with telecoms-focused blockchain firm TBCASoft and Synchronoss Technologies, provider of cloud, messaging, digital, and Internet of Things (IoT) services and platforms.

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Banking on Blockchain: World Bank Unpacks Launch of ‘BONDI’ Bond With Australia’s CBA

It’s been close to 10 years since Bitcoin came into existence, and in that time, major financial institutions have slowly come to grips with blockchain technology and cryptocurrencies.

Some have taken to the industry quicker than others, and some have outright turned their backs on the thought of using or investing in cryptocurrencies.

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Blockchain Startup Havven to Launch Stablecoin on EOS This Year

A blockchain startup that sets out to offer cross-blockchain payments has announced it is planning to bring its existing stablecoin – a cryptocurrency tied to a stable asset – to the EOS network.

Called Havven, the Australia-based project said in a release on Wednesday that it is expecting to issue its nUSD stablecoin on EOS by the end of this year.

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Canaan Creative Launch World’s First TV with Bitcoin Mining Capabilities

The second largest manufacturer of Bitcoin mining hardware has announced a new product aiming to bring Bitcoin mining to people’s homes once again. Canaan Creative are hoping to promote greater decentralisation on the Bitcoin network with the launch of a television set with mining capabilities.

Are Devices Like the AvalonMiner Inside Going to Help Further Decentralise Bitcoin?

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Japanese Firms Jointly Launch Corporate Crypto Accounting Tool

Taxes

Cryptolinc Co. Ltd, which develops and provides cryptocurrency management and calculation systems, and Miroku Information Service Co. Ltd, a financial and accounting system management and information service, have jointly created a crypto corporate accounting tool for corporate cryptocurrency accounting.

Also Read: Japan Tax Agency Says Individuals Earning $1,800+ in Crypto a Year Will Declare Tax

Cryptolinc Corporate Accounting Shares Data in Collaboration with Accounting Firm

Through a collaboration,

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UDAX Digital Asset Exchange to Launch in Hong Kong after Flagship Exchange in South Korea


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company,

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Huobi Informs Users on Decision to Launch P2P Trading in India

Exchanges

Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee. The email notice published by local media promises zero transaction fees for exchanging BTC,

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Thai Bond Market Association to Launch Blockchain-Based Registrar Bond Service Platform

The Thai Bond Market Association (TBMA) will deploy a blockchain-powered solution on its registrar service platform, local news agency Bangkok Post reports July 28.

The new registrar service platform, which is scheduled to be introduced this year, intends to provide a faster bond certificate issuance and, in turn, boost the liquidity of the secondary market,

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Venezuela to Launch Petro-Pegged Fiat Currency Next Month


Venezuela, a country battling one of the deepest economic recessions on record, is set to launch a new fiat currency pegged to its oil-backed “petro” cryptocurrency next month, according to President Nicolas Maduro.

Venezuela to Create Fiat Currency Pegged to Cryptocurrency That is Pegged to Oil

As reported by local news outlet Telesur,

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Major Chinese Social Network Tianya to Launch Native Cryptocurrency Token

One of China’s top twenty-five websites, social network Tianya Club, announced it was releasing an internal blockchain-based token July 25.

In a blog post, Tianya said its 90 bln Tianyan Tokens (TYT) would function as a kind of rewards system and run in parallel to its existing Tianya Diamond token, which is not cryptographic. 

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Another $1 Billion Blockchain Fund to Launch With Government Backing

Another Chinese city is launching a fund worth over $1 billion in order to support the development of blockchain-focused enterprises.

The district government of the Jiangbei new area in Nanjing city announced the plan to launch the 10 billion yuan (around $1.4 billion) blockchain fund last Friday. The project will be funded through a public-private partnership,

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Hong Kong Asset Management Firm Preparing to Launch Crypto Vault for HNWIs

An asset management firm from Hong Kong is preparing to launch a cryptocurrency custody service. The Fusang Vault, as the service will be called, is the brainchild of the Fusang Investment Office.

Fusang Vault Will Provide Custody Services for High Net-Worth Individuals

The Fusang Vault is expected to be launched in the fourth quarter of 2018.

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Asian Asset Management Firm to Launch Crypto Custody for Family Offices


Asian asset management firm Fusang Investment Office is set to launch a crypto asset custody service called Fusang Vault in Hong Kong.

The firm, which usually focuses its operations on private family offices in Hong Kong, Singapore and Malaysia, credits heightened interest in cryptocurrencies from high-net-worth individuals and institutional clients for the move.

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BINEX.TRADE Unveils Alpha Launch: A New Era for Crypto Trading


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company,

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Hong Kong Monetary Authority to Launch Multi-Bank Blockchain Trade Finance Platform

Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15.

The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants,

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