Facebook will be using this funding to back its Facebook Coin tokens just like the way stablecoins are backed by physical dollars in bank accounts.
A Chinese government agency has recently included bitcoin mining on a list of industries and activities that need to be shut down in the future.
Malta and Singapore have recently signed a memorandum of understanding (MOU), meant to solidify collaboration on developing blockchain technology and improving digital innovation.
All the fund amount will be directed towards the university’s College of Business as a support to its students to become the “changemakers of local and global entrepreneurial and fintech ecosystems.”
The latest guidance from the SEC puts some light on the rules under which the issuance of new digital tokens will be subjected to federal security laws.
Cambridge Blockchain is a U.S.-based startup that leverages the distributed ledger technology to give people a better control over their digital identities.
Legacy rust will leverage Ledger’s multi-signature wallet cryptocurrency wallet management product, Ledger Vault, to provide secure custody of digital assets.
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.