Huobi Korea to Strengthen Anti-Money Laundering Protections
Huobi Korea reviews its AML protection and launches an inter-exchange hotline to prevent identity theft and various types of fraud Go to Source Powered by WPeMatico
Month: February 2019
Cryptocurrency Exchange Exmo Opens Branch in Turkey
Digital asset exchange Exmo, a leading crypto trading platform in Eastern Europe, has recently registered a subsidiary in Turkey. The company is setting up an office in Istanbul, the financial capital of the country situated on the Bosphorus. Also read: Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments Traders Offered Pairs With … Read more
SK Telecom, Deutsche Telekom to Build Blockchain Identity Platform
South Korea’s largest wireless carrier, SK Telecom, is partnering with the world’s fifth largest telecoms firm, Deutsche Telekom, to develop a blockchain-based identification solution Go to Source Powered by WPeMatico
Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries
Money laundering scandals involving some of the world’s largest banks have grown this week. Switzerland’s largest bank, UBS, has been fined 3.7 billion euros (~$4.2 billion) for money laundering. Amid a $226 billion scandal, Estonian authorities have ordered Denmark’s largest bank to terminate its operations in the country. Danske Bank is also shutting down in … Read more
Big Four Firm KPMG Partners With Blockchain Co. Guardtime to Develop Tools for Businesses
Strategic partnership between Big Four auditor KPMG and Guardtime will see sharing of various services for blockchain expansion Go to Source Powered by WPeMatico
Ohio County Auditors to Explore Blockchain-Based Real Estate System
The County Auditors’ Association of Ohio has announced the formation of a working group to study the use of blockchain for the effective transfer of property deeds Go to Source Powered by WPeMatico
How to Use Cryptocurrency to Send Money Abroad
The global remittance industry is huge. World Bank data shows that over $148 billion was sent abroad from the U.S. alone in 2017. As people leave nations gripped by hyperinflation, or simply move to look for better opportunities abroad, sending cash back home becomes a necessity. As the people in Venezuela are discovering, this can be … Read more
ConsenSys Backs Ethereum-Based Unlisted Infrastructure Investment Startup Allinfra
ConsenSys has invested in startup Allinfra, which aims to tokenize the infrastructure investment area Go to Source Powered by WPeMatico
Korean Telecom Giant KT to Launch Blockchain-as-a-Service Platform in March: Report
Report suggests BaaS platform is next blockchain project for South Korea’s telecoms giant, KT Corporation Go to Source Powered by WPeMatico
Japanese Banking Giant Mizuho to Launch Its Yen-Pegged Stablecoin in March
Japan’s banking giant Mizuho Financial Group will launch its digital currency platform for payments and remittance services in March Go to Source Powered by WPeMatico