Facebook’s Libra faces more scrutiny
Since its announcement in June, Facebook’s crypto currency “Libra” has faced many questions. Now even more questions are being asked by banks across the globe. Currently, Libra representatives [...]
BVI Forms Partnership with LIFElabs for Emergency Cryptocurrency
The BVI has formed a partnership with LIFElabs.io for the purposes of providing rapid cash response in emergency situations and creating an alternative digital currency payment method to [...]
Blockchain is gaining traction in a significant way
HSBC has confirmed that it settled $250 billion worth of forex trades using blockchain – the technology underpinning cryptocurrencies – in 2018, which suggests that the heavily hyped [...]
New York creates cryptocurrency task force
New York became the first US state to create a cryptocurrency task force. The governor Andrew Cuomo signed the bill dubbed “The Digital Currency Study Bill” into law on Dec. 21, 2018, the aim of [...]
Security Token vs Utility Token: The distinction is crucial
The issue of whether a token is a security token or a utility token is a crucial one. The U.S. Securities and Exchange Commission now has an opinion. Where the token is a security token then [...]
Wall Street to Officially Provide Cryptocurrency Solutions
Fidelity has become the first Wall Street firm to officially provide cryptocurrency custody solutions. The service is being provided through a separate entity called “Fidelity Digital Asset [...]
British Virgin Islands Ranked #2 in the global cryptocurrency and ICO market
For the near future, cryptocurrency and blockchain technology is creating one of the most innovative ways of raising third-party funding in the form of an initial coin offering (ICO). The [...]
