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Liquid Exchange Taps Market License to Offer Crypto Derivatives in Japan
Digital currency trading platform Liquid Exchange has tapped the Japanese license that now qualifies it as a Type I Financial Instruments Business under the Financial Instruments and Exchange Act.
Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform
Mitsubishi Corporation has launched a blockchain platform to streamline and digitize metal trading via its metals and minerals subsidiary.
Toyota Reveals Blockchain Lab to the Public After Almost a Year of Development
Japanese automotive company Toyota Motor Corporation, in collaboration with Toyota Financial Services Corporation announced its Blockchain Lab involving six Toyota Group companies. The Lab plans to focus on exploring the future of the automotive industry, and said it aims to become a “Mobility Company.”
MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative
The Malaysia Digital Economy Corporation (MDEC) has given Multimedia University (MMU) the mandate of establishing the first national industry competency center on big data and blockchain.
Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry
TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.
General Motors Files Patent for Blockchain-Based Autonomous Vehicle Navigation Map
Major car manufacturer American multinational corporation General Motors filed a patent on October 1, 2018, which uses the application of blockchain technology and integrates vehicle sensors to build a much-improved navigation map for autonomous vehicles.
Digital Currencies and Tokenization Might be a Dominant Factor in the Future, says DBS CEO
Piyush Gupta, the CEO of Singaporean multinational banking corporation DBS, believes that the digital currencies and tokenization of assets is now a reality, which might be a dominant factor in the future.
Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth
The government of Hawaii has recently announced its establishment of a regulatory sandbox for digital currency companies. The partnership between the Department of Commerce and Consumer Affairs, Division of Financial Institutions (DFI) and Hawaii Technology Development Corporation (HTDC) will see the launch of Hawaii’s first pilot program aimed for digital currencies.
Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?
The impetus behind Bakkt was to create a safe and regulated environment where larger institutions, corporation and investors would feel comfortable leveraging for access to the nascent crypto market. The trading volume or lack thereof seems to indicated that these larger investors are still weary of cryptocurrency.
Max Keiser Expects Other Enterprises to Acquire Bitcoin Following MicroStrategy’s Lead
Max Keiser believes that shareholders will demand other corporations and big companies to convert their cash reserves into Bitcoin, just like MicroStrategy corporation has done.
India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?
India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.
Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban
NEC Corporation, a Japanese multinational information technology and electronics company, has partnered Persol Career, a job-hunting firm, to pilot its blockchain app to help corporate Japan recruit Indian tech engineers. Nearly 2000 Indians are expected to be hired via the app in the next three years,
Singapore’s Court of Appeal Finds Crypto Exchange Culpable of Malice in Momentous Ruling
In a landmark ruling, the Court of Appeal in Singapore noted that Quione, a cryptocurrency exchange, was disloyal to reverse several transactions on its network. This action constituted a breach of contract; hence the law had to take its discourse.