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Swiss bank Sygnum receives FINMA permission for crypto trading
The world’s first crypto bank, Sygnum, located in Switzerland, has received approval from the National Financial Markets Supervision Authority (FINMA) to launch a crypto trading platform. The service will help not only to carry out the primary issue, storage of the asset, but also provides an opportunity for secondary trading in securities.
UAE food security will be ensured by blockchain technologies
Agricultural producers from India will now be able to sell their goods to companies from the United Arab Emirates using the Agriota E-Marketplace blockchain platform.
Brad Garlinghouse: Fed policy contributes to the popularity of cryptoassets
The Federal Reserve System by its actions helps to attract the attention of investors to cryptocurrencies, according to the head of Ripple Brad Garlinghouse. In the course of a recent speech by the head of the regulator, it was noted that the Fed decided to “target average inflation” and keep the key rate at a near-zero level.
Coinbase CEO Confirms Development of IEO Token Launch System
The head of the Coinbase trading platform Brian Armstrong confirmed information that appeared last year that his company is currently working on designing an application for organizing initial exchange offerings (IEO).
BMW will track car data via blockchain
German auto giant BMW has announced a partnership with blockchain company VeChain to design a platform for collecting vehicle information and protecting it from tampering and price manipulation.
Bitcoin dominance in Japan exceeds 87%
The dominance of the first cryptocurrency in the Japanese market continues to grow: the bitcoin rate rose above 80% in the summer of 2019, although previously the dominance belonged to the asset Ripple (XRP) with an indicator of 40% of the monthly trading cost, said analyst of the Bitbank crypto exchange Yuya Hasegawa.
BitMEX CEO Arthur Hayes: I’m interested in DeFi tokens
Arthur Hayes, head of the BitMEX cryptocurrency derivatives exchange, spoke about why decentralized tokens have become popular and are now attracting his attention.
Bank for International Settlements: Cryptocurrency is only an addition to Fiat
The Bank for International Settlements (BIS) has provided another report on digital currencies.
Iran suspends 1,100 unregistered mining farms
The work of 1,100 mining farms in Iran was terminated by the decision of the national energy holding Tavanir. The ban on the continuation of cryptocurrency mining activities was received by companies that did not receive an appropriate license from the authorities.
Digital yuan to be tested at the 2022 Olympics
The head of the monetary policy department of the Central Bank of China, Sun Guofeng, said that the authorities intend to test the national cryptocurrency during the Olympic Games in Beijing in 2022. Writes about this edition of Reuters.
