Liquid Federation Announces 10 New Members

Blockstream’s Liquid sidechain settlement network welcomed 10 new members to the Liquid Federation on March 27. The new additions bring the Liquid Federation’s membership up to 45 — including crypto exchange trading desks, and financial institutions. New members come from diverse backgrounds The new members include hardware wallet manufacturer Ledger, peer-to-peer exchange Hodl Hodl, crypto trade firm MerklePro, cryptocurrency manager Point95, Wiz, Blockchain tool developer Wyre, blockchain marketplace STOKR, and crypto fund manager ListedReserve. Daniel Pickering, ListedReserve’s chief investment officer, emphasizes that ensuring capital can circulate quickly is essential to…

Bitcoin Cash Meetups Go Virtual in Japan to Combat Virus, Allowing Members to Choose

Due to the spread of the COVID-19 virus, BCH meetup groups in Tokyo and Osaka, Japan, have announced they will be offering a virtual option for those wishing to avoid crowded places and to participate digitally, while still supporting merchants. In Tokyo, physical venues will still be booked for those opting to meet face-to-face, allowing bitcoiners to choose their own experience. News.Bitcoin.com asked organizers some questions about the announcement, how it will work, and difficulties in coming to consensus on how to best navigate this challenge. Also read: These Online…

Libra Members Hedge Their Bets by Joining Rival Stablecoin Project

Some of the biggest names in Facebook’s embattled Libra Association have joined a rival stablecoin project, which touts its mission as the promotion of financial inclusion using the blockchain. Dubbed the “Celo Alliance for Prosperity,” the project was unveiled on March 11, with key Libra backers Coinbase Ventures, Andreessen Horowitz, Anchorage Mercy Corps and Bison Trails Co. joining the ranks of its 50 founding members.  The combined reach of the Alliance members at launch is ostensibly estimated at 400 million people. Aside from veterans of the Libra Association, high-profile members…

Dell Among Founding Members of IOTA Working Group

American computer giant Dell is among 15 companies joining an IOTA working group to explore how the firm's "Tangle" technology can be integrated into commercial solutions. IOTA and Eclipse Foundation, the open-source software foundation, announced Tuesday the new Tangle EE working group will begin working on projects that can help develop viable commercial use-cases for IOTA's technology. Tangle is IOTA’s scalable distributed ledger (DLT) network that, unlike blockchains, employs a system where users confirm transactions as they send new ones. A total of 15 companies have joined the working group…

Hong Kong Institute of Bankers Onboards Six Virtual Banks as Members

The Hong Kong Institute of Bankers (HKIB) has onboarded six virtual banks as corporate members, according to a Jan. 2 press release. The HKIB is a non-profit institution that provides training and certification to the banking organizations in Hong Kong. The last banks joining the HKIB are Airstar Bank Limited, Fusion Bank Limited, Livi VB Limited, Ping An OneConnect Bank (Hong Kong) Limited, SC Digital Solutions Limited and WeLab Bank Limited. New era in Hong Kong’s banking sector Commenting on the news, Carrie Leung, CEO of the HKIB, said that…

R3’s Marco Polo Runs Largest Trade Finance Trial With Over 70 Members

The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial. Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the largest global trade finance trial that involved over 70 organizations from 25 countries including financial giants like Japanese SBI Holdings, according to an official announcement on Dec. 12. 100% of respondents in the trial believe that blockchain has the potential to improve their industries As the trial has involved more than 340 participants from multiple industries ranging…

Office of Chinese Crypto Exchange BISS Closed, Staff Members Arrested

Chinese authorities shut down local cryptocurrency exchange BISS and arrested 10 people suspected of being involved in its operations. Local media Sohu reported on the actions undertaken by Chinese authorities on Nov. 22. However, the date at which the event itself took place is unclear. The same day, founding partner of blockchain-based investment company Primitive Ventures Dovey Wan said on Twitter that the local cryptocurrency community had known of the development for two weeks. However, the news was published much later. She also claimed that the Beijing-based exchange in question…

BRICS Coalition Plans to Develop a Cryptocurrency for Settlements Between Members

BRICS, a collaborative group with five members of major emerging nations – Brazil, Russia, India, China and South Africa – has proposed developing a digital currency for payment transactions between these countries. The CEO of Russian Direct Investment Fund (RIDF), Kirill Dmitriev, detailed the developing plan on Thursday at the BRICS forum. RIDF is a $10 billion wealth fund of the country created by the Russian government. The announcement was reported by RBC Group, a Russian news outlet. Dmitriev asserts that members of BRICS plan to develop a singular digital…

Former FATF Members Join Board of Advisors at Blockchain Company

Former members of the Financial Action Task Force (FATF) have joined the Shyft Network’s advisory team. In a press release shared with Cointelegraph on Oct. 28, public blockchain protocol Shyft Network announced that it was adding the former head of the Canadian delegation to the FATF, Josee Nadeau, and former FATF executive secretary Rick McDonell as members of its board of advisors.  The FATF is one of the most important financial regulatory organizations worldwide. While it cannot enforce recommendations, adherence to its guidelines is important for financial inclusion in major…

ריפל מוסיף ארבעה חברים לצוות הרגולציה, מצטרף להתאחדות הבלוק

הפעלת שרשרת הבלוק המבוססת על סן פרנסיסקו ריפל הודיעה על שלושה מינויים חדשים בצוות הרגולציה הגלובלי שלה ושהחברה תצטרף להתאחדות החסימות. עבור הודעה בבלוגשל אוקטובר 22, ריפל עלה על ארבעה חברים חדשים-קרייג פיליפס, מישל בונד, רון האמונד וסוזן פרידמן-לצוות הרגולציה העולמי שלה, שבסיסה בוושינגטון מישל בונד, ישב גם במועצת המנהלים של התאחדות הבלוק. מתקנות עם רקעים לרגולציה של המגזר הפיננסי פיליפס הצטרפה לריפל ממחלקת האוצר של ארצות הברית, שם שימש כיועץ למזכיר ועבד במסדר ההנהלה 13772, צו הנהלה נשיאותי הקובע סדרה של תקנים המיועדים לניהול פעולות רגולטוריות המשפיעים על המגזר…