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Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Rep. Maxine Waters, chairwoman of the United States House of Representatives’ Financial Services Committee is requesting that Facebook halt development...

IBM Announces New Multicloud Update to Blockchain

IBM has announced upgrades to its Blockchain Platform, according to a report by Ledger Insights on June 18. The new IBM...

US CFTC Brings Action Against $147 Million Bitcoin Investment Scheme

The United States Commodity Futures Trading Commission (CFTC) launched action against a reportedly fraudulent $147 million bitcoin (BTC) scheme, fintech...

Brazilian BTC Exchange Faces Numerous Lawsuits From Clients Unable to Access Funds

Clientele from multiple states in Brazil have filed lawsuits against bitcoin (BTC) investments firm Bitcoin Bank Group for inaccessible crypto...

Italy’s Banks to Use Blockchain to Boost Settlements and Improve Transparency

Italian banks will deploy blockchain technology to run reconciliations starting in March 2020, financial technology news outlet Finextra reported on...

Global Banking Giant HSBC Launches Tokenization-Based Receivables System for India

Major global banking group HSBC has implemented tokenization technology into its receivables infrastructure for corporate clients in India, according to...

Litecoin Foundation to Release Physical Cryptocurrency Debit Card

The Litecoin Foundation has announced a partnership with Bibox Exchange and blockchain firm Ternio to release a physical cryptocurrency debit...

Experts Cite Specialization as Key to Blockchain’s Incorporation Into Financial Services

Four experts discussed the future blockchain in financial services, agreeing on the importance of specialization in a panel on crypto...

French Minister of Economy to Ask for Guarantees From Facebook In Regards to Its...

French Minister of the Economy and Finance intends to “ask for guarantees” from Facebook in regards to its forthcoming digital...

Head of Facebook’s Libra Distances it from BTC: we’ll Share Information with Authorities

Head of blockchain at social media giant Facebook David Marcus said that the Libra Project will distance itself from bitcoin...

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