Asia’s leading digital asset platform received approval for an automated trading and market license for digital assets. This is a big step forward for crypto-adoption in Hong Kong. Hong Kong’s Financial Services Authority made the general decision to grant Asia’s Digital Asset Platform OSL the license to conduct crypto-related business. This decision is the first […]
One million South Koreans have given up their physical driver’s licenses in favor of a Blockchain-driven digital alternative. According to current usage statistics, Blockchain driving licences are already enjoying great popularity. The program – to be able to use Blockchain driving licenses from now on – was only launched in May. Nevertheless, one million South […]
Since a change in the law in March 2020, digital assets are recognized as such in South Korea. KB Kookmin Bank has now entered into strategic partnerships to further develop this emerging market and provide crypto-custody services. More and more major banks are focusing their strategy on digital assets. In 2017, the South Korean government […]
The Tel Aviv Stock Exchange (TASE) plans to launch the country’s first central securities lending platform on November 2. The system is based on Blockchain technology and is currently being tested. Currently, there is no central platform for securities lending on the Israeli market. Instead, it is carried out via interbank mechanisms. However, this means […]
This week, the US supervisory authority, Office of Comptroller of the Currency (OCC), announced in an open letter that nationally licensed banks are allowed to offer custody services for crypto-currencies. The regulatory environment in the United States regarding the provision of trading and services in digital assets is not uniformly regulated. The legal situation is […]
A few weeks ago, the government of Beijing published a two-year plan in which they describe their goals with regard to the integration of the blockhain. The Chinese capital is to become an international “blockchain hub” and also integrate the technology into its administration. The government’s main goals are defined in the 145-page action plan, […]
In line with its recently communicated strategy for digital assets, InCore Bank is now the first financial institution in Switzerland to offer banking services to Kraken clients. Zurich/Schlieren, 3 July 2020 – Kraken is the largest crypto currency exchange in Europe in terms of euro volume. With this integration Kraken offers its customers another simple […]
Within the scope of a cooperation between the Australian shoe producer “Chase Shiel” and the retailer “The Kickz”, a limited production of sneakers including placement on the Blockchain is planned. The shoes, inspired by the Nike Air Max 1, can be tracked with the help of VeChain’s ToolChain Suite and the Thor Blockchain. Chase Shiel […]
The world’s leading issuer of crypto ETPs, 21Shares AG, is launching the 21Shares Bitcoin ETP on the regulated market of Deutsche Börse on July 2, 2020. 21Shares AG – headquartered in Zug, Switzerland – has listed the world’s first crypto basket (HODL) on the SIX Swiss Exchange in November 2018. Since Zug became the global […]
The current economic crisis and the ultra-loose monetary policy of central banks raise many questions. Structural change seems unstoppable. What role will digitalization, block-chain technology, digital currencies and assets play? Dr. Cyrus de la Rubia, Chief Economist of Hamburg Commercial Bank, answers these and other questions. De la Rubia has 25 years of financial market […]
