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Hong Kong Stock Exchange: Fintech firms are best regulated
As per Hongkong Stock Exchange, nothing else could regulate the fintech firms and blockchain entities as the current financial law is regulating them already.
The informative outcomes
The authority made the above statement based on a recent research report, which was published on Oct 18. In the report, the HKEX’s Chief China Economist’ Office & innovation Lab take a deep dig...
Mastercard takes a major step towards decentralization by winning the Blockchain patent
Mastercard has moved ahead in the blockchain ecosystem as it garnered a win for its third patent in the blockchain system. While this is not a traditional blockchain patent, it is a step advanced and can process multiple types of transactions. MasterCard, the global lending and the payment solutions multinational company filed the first version of this patent in...
Forbes joins Civil Network to regularly publish content on Blockchain
Civil a journalism platform that evolved as a decentralized marketplace will be publishing Forbes articles on its blockchain platform starting from 2019.Announcing the partnership, Forbes declared that Civil would be its media blockchain partner going forward. Civil will publish content on blockchain as it is doing currently. Civil has sustained as a decentralized marketplace for journalism that works in...
France Legalizes Crypto with new legal guidelines for ICO
France has introduced a new set of legal framework for ICOs. With this, France legalizes crypto and seeks to turn as a haven for the cryptocurrency.The Zest to Stand Out From the CrowdIt is not the first attempt that France has made in crypto space. Earlier, the country also reduced the tax rate on profits earned by digital trading....
OKCoin expands in the United States with its token-to-token services
OKCoin International has decided to spread its wings in the 20 states of US. The firm has already opened its virtual doors to California earlier in this year. Now, the platform is eyeing to spread its functional periphery from Alaska to Wisconsin along with Massachusetts.
OKCoin’s plan to achieve the objective
To become a Mogul in the crypto space, OKCoin expands...
GAW Miners and Ponzi Scheme Scam come to an end as the Josh Garza Sentenced to 21 Months
Justice has shown its power as the main culprit behind the much-hyped and sensational GAW Miners and Ponzi Scheme Scam, CEO of GAW Miners, Homero Joshua Garza, went the bars for good 21 months. The local news agency, Hartford Business reported it on Thursday, September 13.The chastisementThe verdict came in the regional Hartford Federal Court upon finding Garza...
Crypto Exchange Huobi enters the Hong Kong Stock Exchange in a $77 million deal
Cryptocurrency exchanges running into partnerships with stock trading organizations to be part of mainstream trading has become a trend. Huobi, the Singapore based cryptocurrency exchange officially announced on 29th August the acquisition of controlling stock interest in Pantronics Holdings Ltd.Pantronics is a Hong-Kong based holdings organization and is listed on the Hong-Kong stock Exchange (HKEx). Since August 22nd the...
Iran gives green signal to cryptocurrency mining in iran
The world’s third largest oil producer, Iran has finally given green signal to the cryptocurrency mining to cope up with the economic sanction damage. The initiative was inspired by Venezuela's digital currency, Petro. In the coming three weeks, the country is likely to be a part of the crypto world with its digital currency.The cryptocurrency mining in Iran has...