New York sets customer service standards for virtual currency entities

IBM, CSIRO’s Data61 and law firm Herbert Smith Freehills have partnered on a new Australian consortium to build a cross-industry blockchain-based smart contracts platform for enterprises, according to a press release published August 29.Data61 is a digital innovation center that forms part of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) – an Australian government…

The Hong Kong Monetary Authority (HKMA) has revealed it is conducting research into applications for a central bank digital currency (CBDC).Ejinsight reported on the news — announced during the Hong Kong Fintech Week — on Nov. 7. HKMA reportedly aims to release a major report on its findings in Q1 2020. Collaboration with the People’s Bank…

Billionaire Kjell Inge Rokke believes BTC will become an important feature of the new monetary system. 844 Total views 7 Total shares Norweigan energy service provider Aker Solutions is spinning up a new business dedicated to Bitcoin (BTC) after its CEO, Kjell Rokke, talked up the importance of the digital asset in a recent shareholder…

The global supply chain has become an area of intense focus over the past couple of years and pressures from the pandemic and backlogged ports have led to a massive range of shortages for everyday items. One protocol that is focusing on optimizing supply chain management and building strength based on data from Cointelegraph Markets Pro…

The Bank decided to launch a pilot program for “digital yen” in April, after finishing its Proof of Concept testing, that has begun in 2021. 228 Total views 5 Total shares Own this piece of history Collect this article as an NFTJapan, a nation where foreign stablecoins like USDT are prohibited, plans to begin its…

The partnership with the "super app enabler" will allow users to pay for taxi services and food deliveries with crypto using Binance Pay. 183 Total views 5 Total shares The world’s largest cryptocurrency exchange, Binance has partnered with Splyt, a “super app enabler,” to bring payment options to the Binance application. Payment options made for…

After stealing $5 million in cryptocurrency from 40 victims through SIM swapping, 20-year-old Joel Ortiz, pleaded guilty to theft and accepted a plea deal of 10 years in prison as reported by Motherboard, a division of news outlet VICE, on Feb 1.Ortiz accepted the plea deal last week, according to Erin West, the Deputy District…