Blockchains are now enabling customers to avail privacy-enhanced service offerings, starting with Nebula Genomics’ Anonymous Sequencing. As per a blog post, customers can submit their genome sample without any other personal information, September 19, 2019. Payments for the service are also excited using a pre-paid debit card or cryptocurrency. Harmony in Technology and Science People
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According to a press release dated September 19, 2019, published on Nasdaq.com, U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton believes bitcoin needs further regulatory infrastructure before being listed on major exchanges. Sec Addresses Bitcoin Regulatory Weaknesses A few days after having brought to the court ICOBox, SEC comes back talking about cryptocurrencies, and
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The Bitcoin ATM scene continues to see impressive growth figures pointing to increasing demand and profitability of the business. Bitcoin mapping platform “bitrawr” says there has been a six-fold increase in the total global crypto ATM count since September 2019. Meanwhile, regulators are beginning to shine the spotlight on crypto kiosks over fears of money
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Overseas Chinese Banking Corporation (OCBC) has joined JP Morgan’s Interbank Information Network (IIN) as the first Singaporean bank in the consortium. Business Times reported that OCBC joins a long list of 112 APAC banks that have joined this network, September 20, 2019. Singapore in on JPM Blockchain Service Close to 343 global banks have already
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The International Monetary Fund (IMF) published a new staff paper on September 19, saying stablecoins can cause significant disruptions to the current global payments framework. However, the organization also admits that this type of cryptocurrencies can contribute to improving financial inclusion across the world. Disintermediation of the Finance Sector According to a recent post on
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Coinbase, a leading U.S-based crypto exchange has announced plans to add support for 17 new cryptocurrencies on a jurisdiction-to-jurisdiction basis. The digital assets include Telegram’s Gram token, Polkadot, Dfinity, Filecoin, and several others. This according to a blog post on September 19, 2019. Bolster the Roster In line with its goal of providing its customers
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Ex-Overstock CEO, Patrick Byrne, has liquidated his $90 million stake in the company in order to fund investments in bullion and cryptocurrency. According to Bloomberg, Byrne did this to “battle the deep state” that he reportedly helped in an investigation against a Russian activist who is currently in prison for attempting to influence United States
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According to a report published by swissinfo.ch on September 19, 2019, Arab Bank Switzerland has joined the list of established banks which offer access to digital asset products. A New Bank in the Crypto Sphere Arab Bank Switzerland, a bank specializing in private banking and trade financing, has partnered with blockchain technology firm Taurus, to
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Hash power on the Bitcoin network has been soaring since May of this year. In the last month alone, Bitcoin has gone from a hash rate of 63.79 million EH/s to 102.85 EH/s. This massive increase directly signals major interest in mining as the block reward halving approaches with less than a year to go,
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According to a press release published on September 19, 2019, U.S. financial institution Bank of America is joining Marco Polo, a network that aims at enhancing international trade affairs thanks to the blockchain technology. Bank of America Joins the DLT Trade Consortium U.S. banking giant Bank of America, a long-standing provider of finance solutions with
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