The U.S. SEC doesn’t seem to be convinced yet that the crypto market is safe for ETF-like derivative products.
Besides Bitcoin, a majority of the cryptocurrency tokens in the top-20 have shown excellent gains anywhere between 5-15%. The overall crypto market adds $10 billion in a single day.
LVMH, the Louis Vuitton owner plans to launch its AURA blockchain network by June 2019, and will onboard several competitor brands along with 60 subsidiaries.
The CFTC discussed several use cases of blockchain in the financial marketplace and how it can be used to optimize the existing process.
The BIS chief says that introducing CBDCs will leading to several fundamental alterations in banking business that could be detrimental for the system.
Western Union and Thunes plan for a greater financial inclusion especially for people deprived of basic financial services.
The launch of the KakaoTalk crypto wallet will happen in June 2019 along with the company’s Klaytn blockchain platform.
Australia aims to be the global leader in developing blockchain solutions that can streamline the services and process across industries like FinTech, Agriculture, Logistics, etc.
In a notice to traders, the U.S.-based derivatives marketplace said that it won’t be listing new futures contracts from this month onwards.
The Basel Committee asks banks to perform our diligence and assess the risks involved before getting involved into any crypto-related activity.