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Dutch central bank to start integrity supervision of crypto exchanges and wallet providers from January 2020
De Nederlandsche Bank (DNB), the central bank of the Netherlands, has announced it will start regulating firms engaged in the cryptocurrency sector. In a press release published today, the DNB said that cryptocurrency exchanges and wallet providers “are expected to become subject to [its] integrity supervision as of 10 January 2020.”
More Thai government departments look to blockchain to streamline work processes
Thailand’s Revenue Department and the Comptroller-General's Department are the latest government agencies that are poised to explore blockchain technology. Just recently, the Customs Department announced its plans to use TradeLens, a blockchain-based shipping solution jointly developed by IBM and Maersk, to develop Thai trade.
São Paulo to implement blockchain technology in public works projects
The government of Brazilian city of São Paulo has contracted a tech company as it seeks to use a blockchain registry for its public works projects, Cointelegraph reported. As per the report, the Municipal Secretariat of Urban Infrastructure and Works has contracted Construtivo to deploy a blockchain-based solution for city hall.
Burundi makes it illegal to trade cryptocurrencies
Burundi has declared cryptocurrencies such as bitcoin and ethereum as illegal in the country, Bloomberg reported. The announcement was made by Alfred Nyobewumusi, a director at the Bank of the Republic of Burundi’s (BRB) micro-finance department, who said that some citizens lost money while trading cryptocurrencies and had asked the government to intervene.
Research Studies
- U.S. and China account for 75% of all blockchain-related patents, hold majority of digital economy's wealth: UNCTAD
- Only 22% of blockchain business achieved sales in South Korea: Report
- Cryptocurrency-related consultations drop 14% in Japan: FSA
Company News
- LINE’s LVC Corporation receives license to operate cryptocurrency exchange in Japan
- Binance venture arm Binance Labs invests $5.7M in blockchain usability firm Dapix
- Norwegian bank Sparebanken Øst invests in crypto exchange owned by Bjørn Kjos
- HTC, Alibaba invest $3M in blockchain property rights startup Bitmark
- Blockchain analysis startup Elliptic scores $23M from Japan's SBI Holdings
- Baton Systems raises $12M for bank-to-bank blockchain-based payments infrastructure
- Binance acquires crypto-asset trading platform JEX amid continued interest in derivatives trading market
- Thai crypto exchange Bitcoin Co. Ltd. is shutting down after 5 years
Partnerships/Consortiums
- University of Gibraltar, Huobi University team up to advance blockchain education and research
- Digital Bazaar collaborates with GS1 US, SecureKey, and TradeLens to implement blockchain identity project
- Blockchain-based trade finance network Marco Polo welcomes Mastercard
- South Korean banking giants form ‘Technology and Service Alliance’ with blockchain firms: Report
Digital Currency Initiatives
- Nasdaq adds crypto data from Blockchain Investments & Co. to Quandl
- Paxos launches stablecoin PAXG, 'first asset redeemable for physical gold'
- Binance, Paxos to launch NYDFS-approved BUSD stablecoin
- Binance unveils two crypto futures platforms, lets users pick their favorite
- Hong Kong-based Legacy Trust announces crypto pension plan
- Bitcoin.com’s cryptocurrency exchange goes live
- Coincheck to launch reward points-to-crypto exchange service on September 10
Blockchain Initiatives
- Klaytn officially unveils blockchain variant of Samsung Galaxy Note10, price starts at $1,050
- Huobi to release blockchain smartphone 'Acute Angle' next week, can be bought using Huobi Token
- SK Securities partners with blockchain startup Kasa Korea to tokenize real estate
- Franklin Templeton seeks to use Stellar blockchain for new fund shares
- SAP partners with Chronicled for blockchain-based drug verification solution ‘MediLedger’
- TFA Labs taps Factom blockchain to secure energy grid as part of US government-funded project
- K-Pop music giant SM Entertainment eyes own blockchain and cryptocurrency
- Swiss retail giant Migros implements TE-FOOD’s blockchain-based food traceability system
- Abu Dhabi Commercial Bank to digitize trade finance using dltledgers blockchain
- HSBC completes first yuan-denominated letter of credit transaction via Voltron blockchain platform
- Brazil issues first-ever birth certificate using blockchain technology
- ING Collection purchases fractional ownership shares in digital artwork via blockchain
- Jaguar demonstrates proof-of-concept for tracing car energy using Iota’s DLT
- South Korean startup seeks to tokenize David Hockney’s work via blockchain
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