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Federal Reserve Bank of New York launches Fintech Advisory Group
The Federal Reserve Bank of New York last week launched the Fintech Advisory Group that will focus on providing insights into existing and emerging financial technologies. The group will primarily aim to present views and perspectives on the emerging issues related to financial technologies, their application and market impact, and their potential impact on the New York Fed’s ability to achieve its missions.
US CFTC Technology Advisory Committee discusses cryptocurrencies and DLT adoption
The Technology Advisory Committee (TAC) of the U.S. Commodity Futures Trading Commission (CFTC) discussed cryptocurrency regulation and the adoption of distributed ledger technology (DLT), among other things, on Wednesday, March 27, Cointelegraph reported. During the meeting, the TAC subcommittees highlighted relevant issues in their presentations for the TAC’s consideration.
Taiwan’s National Development Council to establish blockchain alliance
The National Development Council (NDC), the policy-planning agency of Taiwan, has announced that it currently in the process of setting up a blockchain alliance, Taiwan News reported referring to a report from Liberty Times. The agency has already held consultations with a number of government departments as well as experts and academics to describe the mission of the alliance, NDC Minister Chen Mei-ling said.
Indian Commerce Ministry launches blockchain-based e-marketplace app for coffee
The Ministry of Commerce and Industry of the government of India has launched a blockchain-based e-marketplace for coffee. The objective is to help farmers integrate directly with markets in a transparent manner, allowing them to realize fair prices for their produce.
Company News
- Arrington XRP Capital acquires crypto-focused private fund ByteSize Capital
- eToro acquires smart contract startup Firmo
- TRON acquires blockchain app store CoinPlay
- Kakao invests in Irish blockchain startup Festy
- Crypto firm Pantera Capital inches closer to $175M target for third venture fund
- Blockchain insurance startup B3i secures $16M in latest funding
- Crypto exchange DragonEx to provide loss data from recent hack in a week
- Bitcoin mining firm Bitmain announces leadership changes following lapse of IPO application
- Blockchain firm R3 announces co-founder Jesse Edwards’ exit and plans to support early stage companies
- Crypto broker Tagomi Trading receives BitLicense from NYDFS
Partnerships/Consortiums
- Quant Network, Securitize and others join Hyperledger blockchain project
- The Hershey Company joins blockchain advertising consortium AdLedger
- CULedger, IBM, and others join Sovrin Alliance to collaborate on blockchain-based self-sovereign identity
Digital Currency and Blockchain Initiatives
- Crypto exchange Huobi’s US arm HBUS sets up new team to launch institutional products
- Boerse Stuttgart to establish joint venture for digital asset trading with Axel Springer and finanzen.net
- Rakuten to launch cryptocurrency exchange in April
- Bitcoin nonprofit BitGive teams up with US-Based NGO to provide aid to Venezuela
- French luxury goods giant LVMH to launch blockchain provenance platform in May: Report
- BMW, Intel, Neilsen partner with blockchain accelerator Tribe
- OKEx to launch its own blockchain and decentralized exchange
- UniCredit completes transaction via we.trade blockchain platform
- Ledger, Legacy Trust partner to offer crypto custody services for institutional investors
- AlphaPoint targets institutional clients with enhanced security token tech solutions
- 'The Big Issue' Korea adopts blockchain-based content management system PUBLISHsoft
- PUBLISH, Inc, joins IPTC to develop world's first standard for news dissemination using blockchain
- BitTorrent Live streaming app to incorporate blockchain technology
- Blockchain network Marco Polo successfully completes first trade finance pilot
- India’s Federal Bank partners with Ripple for blockchain-powered cross-border remittance services
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