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Singapore Payment Services Act Now in Effect For Crypto Firms

Singapore Payment Services Act Now in Effect For Crypto Firms

The Monetary Authority of Singapore now requires cryptocurrency providers and exchanges to be licensed under some of the same regulatory elements as traditional financial service providers.

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia has been a victim of unreliable crop data, and this has hindered the optimality of its agricultural sector. This nation has been grappling with the lack of accurate data when it comes to issues, such as crop output. HARA, a Jakarta-based startup, seeks to address this challenge by deploying blockchain technology.

JPMorgan says MassMutual Bitcoin Investment Signals Institutional Demand Could Quickly Grow by $600 Billion

JPMorgan says MassMutual Bitcoin Investment Signals Institutional Demand Could Quickly Grow by $600 Billion

JPMorgan thinks growing institutional demand could see up to $600 billion flow into Bitcoin in the near future after insurance giant MassMutual invested $100 million into BTC.

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

eToro has unveiled a new insurance plan that will cover up to 1 million euro for customers, but cryptoassets are excluded from the policy.

Macro Investor Mike Novogratz Says MassMutual's Bitcoin Investment Could Be The Most Important One of 2020

Macro Investor Mike Novogratz Says MassMutual's Bitcoin Investment Could Be The Most Important One of 2020

Mike Novogratz recognizes MassMutual insurance company’s move to purchase $100 million in Bitcoin as the most important cryptocurrency news of the year 2020.

Allianz Advances with Blockchain-Based Token System

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.

The UK's HMRC Begin Tax Talks for Cryptocurrency

The UK's HMRC Begin Tax Talks for Cryptocurrency

November 2019 has seen newly published guidelines come into place, with Her Majesty’s Revenue and Customs (HMRC) collecting advice and consulting with third parties to create new principles on different taxes in the United Kingdom.

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Holdings has joined hands with blockchain firm ShareRing to deploy a blockchain-powered digital document and identity management solution.

KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow

KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow

KuCoin, a Singapore-based crypto exchange, has disclosed the suspicious withdrawal of large amounts of Bitcoin, ERC-20, and Ether.

Avo Receives First Virtual General Insurer License in Hong Kong

Avo Receives First Virtual General Insurer License in Hong Kong

Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.

Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

Gemini exchange excitedly announced the launch of its own cryptocurrency insurance company which turned out to be regarded as the most crypto custody with the widest coverage at the moment. Named Nakamoto, Ltd.

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