Bitcoin Purchases Roll Out to 2,200 US Coinstar Kiosks as Partnership Expands

Bitcoin ATM operator Coinme has expanded its bitcoin (BTC) purchasing options for United States residents to cover 21 states, the company confirmed in a press release on May 22. Coinme, which began as the U.S.’s first licensed bitcoin ATM provider in 2014, will now serve around 2,200 locations in the country via its existing partnership with coin kiosk operator Coinstar. As Cointelegraph reported, Coinstar first started selling bitcoin for USD in January this year, so far restricting the feature to the U.S. market. “Bitcoin and other digital currencies offer unique…

Sports Blockchain Venture Chiliz Announces Strategic Partnership With Binance Chain

Sports blockchain venture Chiliz has announced a strategic partnership with Binance Chain, the mainnet of major cryptocurrency exchange Binance. The news was revealed in an official press release on May 17. As previously reported, Chiliz ($CHZ) is a sports industry-oriented digital currency that powers the tokenized fan engagement platform and blockchain-powered mobile app, Socios.com. High-profile Socios partners to date have included major soccer teams Paris Saint-Germain and Juventus, who plan to use the platform to launch fan token offerings for their club-branded tokens, which will confer voting rights for club-related…

Binance Unveils Latest Compliance Partnership Targeting Anti-Money Laundering

Cryptocurrency exchange Binance has partnered with blockchain monitoring solutions provider Elliptic to boost its regulatory compliance as part of its international expansion, industry news outlet CoinDesk reported May 2. As part of plans to ensure smooth operations in new countries with varying regulations on cryptocurrency, Binance will use Elliptic to ensure it can comply with various demands from authorities. Specifically, CoinDesk references Binance’s chief compliance officer Samuel Lim as saying that the latest deal will focus on Anti-Money Laundering (AML). Last month, the exchange also teamed up with blockchain analytics…

Binance’s Compliance Drive Continues With New Elliptic Partnership

Cryptocurrency exchange Binance is continuing to ramp up its regulatory compliance efforts. The exchange has just partnered with blockchain analytics startup Elliptic to boost its compliance and security capabilities, Elliptic announced Thursday. The new partnership – the third relating to compliance in the last two months – will help Binance combat money laundering as it grows into new jurisdictions, the exchange’s chief compliance officer Samuel Lim said. Elliptic’s software helps identify potential transactions linked to illicit activities such as money laundering and terrorist financing, and is claimed to have monitored risks…

English Premier League Soccer Club West Ham to Launch Fan Token in Partnership With Socios

London-based West Ham United — a soccer team that plays in the English Premier League — is partnering with blockchain platform Socios.com to launch a fan token ecosystem. The news was revealed in a press release shared with Cointelegraph on April 30. As previously reported, the Socios tokenized voting platform and blockchain-based mobile app is operated by sports blockchain venture chiliZ, which has the backing of high profile crypto industry players that include crypto exchange Binance and OK Blockchain Capital. West Ham United, currently ranked 11th in the Premier League,…

Tron CEO Justin Sun Hints at Partnership With Liverpool FC

The Tron Foundation, the firm behind the 11th biggest cryptocurrency Tron (TRON), will reportedly partner with British professional football club Liverpool, Tron CEO Justin Sun revealed in a tweet on April 24. While Sun did not include any specific details about the nature of the upcoming partnership, the tweet features a short video invitation from Liverpool Football Club (LFC), with the Tron logo appearing in the video. The Tron CEO claimed that he is looking forward to explore this new partnership, adding that it is an official partnership and that…

Resona Bank Ends Partnership With Ripple-Based Payment App MoneyTap

Major Japanese bank Resona will withdraw from Ripple-powered blockchain payment project MoneyTap on May 13, the bank announced on April 11. A subsidiary of Resona Group, the fifth largest banking group in Japan as of 2012, Resona Bank joined the project in October 2018, along with SBI Sumishin Net Bank and Suruga Bank. Launched on Oct. 3, MoneyTap payment service uses Ripple’s blockchain solution xCurrent, which claims to offer instant domestic bank-to-bank transfers. The project was co-developed by Japanese financial services giant SBI Holdings and blockchain firm Ripple, the firm…

Emurgo-Ledger Partnership Fuels Cardano (ADA) Demand, up 23 Percent

Cardano price up 21.9 percent from last week’s close Ledger Nano S now supports ADA A breakout above 6 cents at the back of high transaction volumes means bulls are in control Ledger Nano S now supports Cardano (ADA) after Yoroi’s integration with the hardware wallet maker. Because of their superior market share, Ledger’s support is beneficial for ADA since more users would be willing to invest and securely hold their assets. Meanwhile, increasing demand could further drive Cardano (ADA) prices above 9.5 cents towards 20 cents. Cardano Price Analysis…

OKEx Founder Reveals OK Group’s Partnership With US Trust Firm, Plan to Launch Stablecoin

Star Xu — founder of exchange services provider OKCoin and the world’s 6th largest crypto exchange OKEx — has announced OK Group’s partnership with blockchain-focused trust company Prime Trust, prospectively allowing the firm to launch its own compliant stablecoin. The news was revealed in a tweet from Star Xu on March 28, retweeting an earlier March 27 tweet from Prime Trust announcing the partnership. Star Xu has written that the new partnership will see OK Group undertaking “an in-depth collaboration and offer[ing] diverse, secure and regulatory compliant services with Prime…

New Partnership Purports to Create First Approved Crypto Exchange in Vietnam

Vietnam’s largest distribution company Linh Thanh Group has signed a memorandum of understanding (MOU) with Swiss blockchain company KRONN Ventures AG to establish a cryptocurrency exchange, according to a press release published on March 22. The collaboration is designed to facilitate the production of digital currency and the creation of a cryptocurrency exchange in Vietnam, to which the companies have supposedly received an appropriate license. According to the press release, the new exchange will be the first authorized crypto exchange to operate in Vietnam. The establishment of an authorized cryptocurrency…