“Enterprises will not go on to the public mainnet without privacy and security,” EY’s Paul Brody told Coindesk.
Forex Broker FXCM Launches Basket of 5 Cryptos for Retail Investors
Foreign exchange trading platform FXCM Group has launched a basket of five cryptocurrencies aimed at retail investors.
Token Investors May Sue After Former Korean Social Media Giant Shuts Down
A once hugely popular social media site, Cyworld’s abrupt closure brings uncertainty to holders of its recently launched crypto token.
Coinbase Eyes European Growth After Winning Irish E-Money License
Cryptocurrency exchange Coinbase has been granted an Irish e-money license that will bring it greater access to EU and EEA markets.
Trade Finance Blockchain Marco Polo Pilots First Russia-Germany Transactions
Marco Polo, the trade finance blockchain with over 20 global banks on board, is piloting its first trading arrangement between Germany and Russia.
Facebook’s Calibra Sued By Mobile Banking App Over Similar Logos
The complaint alleges the Calibra logo is too similar to Current’s, which the fintech firm has been using since August 2016.
Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents
Bank of America has begun hiring for blockchain positions, the first indicator that the bank plans to do much else with the tech besides filing patents.
Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself
Societe Generale has no plans to resell its $110 million ethereum bond, but future blockchain trials will involve external investors, an exec said.
Liquidity Provider B2C2 Launches Gold Derivative Settled in Bitcoin
The U.K.-licensed firm’s new product allows clients to synthetically trade gold against bitcoin and aims to capitalize on a growth in haven assets.
Swiss Central Bank to Explore Use of Digital Franc in Settling Trades
Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.
Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That
Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.
Microsoft, Intel Back Ethereum-Based Token to Reward Consortium Efforts
The Enterprise Ethereum Alliance has created a token to incentivize firms to participate in consortiums. The system is backed by Microsoft and Intel.
NBA’s Sacramento Kings to Reward Loyal Fans With Crypto Tokens
Based on the ERC-20 standard, the Kings Token will be a first for a U.S. professional sports team.
Meet the Russian Oligarch Launching a Metal-Backed Crypto Token
Vladimir Potanin, one of Russia’s richest people, tells CoinDesk about his plans for a palladium-backed token and a tokenized commodities exchange.
Coinbase in Talks to Acquire Rental Startup Omni’s Engineering Staff: Report
Th cryptocurrency exchange is said to be in talks to acquire the human assets of Omni, a Ripple-backed rental and storage firm.
Hyperledger Blockchain Group Weighs Changes to Fix Election Issues
The blockchain consortium’s powerful technical steering committee is discussing changes to its elections process to boost voter turnout and more.
DTCC Pushes Back Blockchain Project to Avoid Brexit Complications
The DTCC has pushed back the release of its blockchain-based post-trade system for derivatives by several months, in part because of Brexit.
Thai Bank Backs Series A Funding for Tokenized Securities Startup iSTOX
The Singapore Exchange-backed security token platform has raised an undisclosed investment from an investment bank based in Thailand.
Issuing Money Is for Governments, Not Private Firms: Apple CEO
Apple CEO Tim Cook has spoken out about whether his company would launch a cryptocurrency, and the answer is a firm no.
Coinbase-Led Crypto Ratings Council Draws Skepticism From Legal Experts
The Crypto Rating Council is dividing legal experts, with some praising the concept and others skeptical whether it will sway the minds of regulators.