Facebook's ambitious cryptocurrency project called Libra is getting a lot of attention, especially from regulatory point of view. Leaprate recently reported that there are a lot of regulatory bodies now looking at Libra and wondering how this upcoming "global" currency will affect the entire world. One of this not so enamored with the project regulatory bodies…
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Many would agree that some cryptocurrency and blockchain startups have ambitious goals. However, one Canadian startup is defying the odds by aiming to convert regular ATMs into cryptocurrency ones. The exact verb here should not be "convert", but rather "upgrade". The startup is called Coinsquare and has acquired a special software that allows regular ATMs…
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While many wonder when the Bitcoin ETF will become a reality, the Swiss fintech company Amun AG does not waste any time in disrupting the crypto exchange traded products (ETP). The company listed the world’s very first Bitcoin Cash ETP with ticker sign ABCH on the SIX Swiss Exchange on July 5th, 2019. Roger Ver…
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Bitcoin has been used for almost all kinds of online and offline transactions: from buying coffee and pizza to cars. Now, this brewery allows people to invest in the business through bitcoin. BrewDog is a Scotland-based brewery that recently announced that it will extend its crowdfunding round in something called “Equity for Punks”. The round…
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Fujitsu Laboratories creates artificial intelligence and innovative computing solutions for their clients. The company has recently announced that it will develop a digital identity exchange based on the technology of blockchain that will prove reputation and the validating of users. The idea is to enable stakeholders in different online transactions to verify the other party’s…
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It is a week for holiday travel in the United States, as its Independence Day falls on a Thursday. Since the majority of “non-fake” Bitcoin volume tends to be U.S.-centric, analysts are quick to note any variations that may occur when analysts and traders alike are taking time off to travel to see family or…
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It is always nice to be first at something, and Prime Factor Capital Ltd., a London-based investment management firm, achieved this relatively unique status by becoming the first firm to receive the “green light” from the Financial Conduct Authority (FCA) for its crypto-focused hedge fund. The fund will also fall within the auspices of the…
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CoinEX is one of the leading exchange platforms in the cryptocurrency space. Back in July 2018, Leaprate reported that CoinEX has surpassed Binance by trading volume. The exchange incorporated the so-called “trans-fee” mining model. The model allows exchanges to issue its own tokens and pay these to users in exchange for the regular transaction fees…
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As The Business Times reports IBM and the three largest banks in Australia have joined efforts to test retail financing by the technology of blockchain. The new product is a bank-guarantee platform that is used by shopkeepers. The platform has a shared database. If the project is successful, this will be the very first application…
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The UK’s regulatory watchdog was in the press again yesterday. Per its press release: The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of derivatives and exchange traded notes (ETNs) referencing certain types of cryptoassets. The FCA considers these products are ill-suited to retail consumers who cannot…
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