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Revolut bank license bags
The Crypto Friendly application of FinTech Revolut for a European banking license was approved by the European Central Bank.
"This license will help us in our goal of creating an account where users can manage every aspect of their financial life, with the best value and using the best available technology," reads a blog post.
🥳 Today we received our application for an approved European banking license. https://t.co/ho22TQbtfm
– Revolut (@RevolutApp) December 13, 2018
The globes join the blockchain journey of Kakao Investment
Kakao Investment has invested in the Orbs hybrid blockchain platform.
"With Kakao's consumer applications with over 50 million active users worldwide, Orbs' investment represents significant support for the long-term potential of our technology," says Daniel Peled, CEO and co -founder of Orbs.
"Kakao Investment's relationship with Orbs reflects our regional strength and the potential we offer to make blockchain a powerful growth engine for its business units – Kakao was among the first major technology companies to recognize that blockchain is the future, and Orbs is thrilled to be a more important part of that journey. "
PwC and Bitfury announce the Russian blockchain initiative
PricewaterhouseCoopers (PwC) has partnered with Bitfury Group to create a blockchain accelerator for Russian companies, a press release announced.
Hello Tractor in AI, blockchain partnership with IBM Research
IBM Research – Africa has partnered with Hello Tractor in Africa to drive an AI-based digital portfolio and blockchain. Check out this blog post for more details.
AriseBank solves the ICO scam charges
Crypto Venture AriseBank is about to shell out about $ 2.7 million in fines to settle the ICO fraud charges, according to an announcement from the US Securities Exchange Commission (SEC).
SolarisBank in cryptographic partnership with German stock exchange
The German group FinTech SolarisBank and Stuttgart Exchange is developing an infrastructure for an encryption site, which will be launched in the first half of 2019.
"With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital resources.The SolarisBank Blockchain Factory supports us in taking the cryptocurrency and token business to the next level. and setting new standards in terms of transparency and reliability ", says Alexander Höptner, CEO of Boerse Stuttgart.
We are excited to announce our partnership with @boersestuttgart today! Together we are developing a cryptocurrency trading facility to be launched in 2019. Read the full press release here: https://t.co/9m6Z52HiRG
– solarisBank (@solarisBank) December 12, 2018
Encryption account on behalf of BlockFi
BlockFi, a crypto-to-USD creditor, has raised $ 4 million while looking at the launch of new products, including an encrypted crypto account and credit and credit cards with crypto. The company plans to distribute the savings account in the first quarter of 2019.
Bitwala claims an important moment for the banking and encrypted sectors
In what claims to be an industry in the first place, Bitwala has launched a German banking solution for cryptocurrency users.
"This is an important moment for the banking and cryptocurrency industries: money has always changed with time.With the spread of digitalization, the world is now entering a hybrid future in which the currencies supported by the Blockchain and the state are complemented by each other, "says Jörg von Minckwitz, President and Co-founder of Bitwala.
"Our team of 30 people has done a stellar job in developing a service within the boundaries of banking regulation as a bridge between traditional and crypto economies, with over 40,000 customers and counting already signed up for the new Bitwala account. "
Cubits a victim of "serious criminal act"
Crypto payment platform Cubits entered the administration after having fallen victim to "a serious criminal act perpetrated by the outside of the organization, which had a critical impact on its business". Further details here.
[UPDATED LINK] https://t.co/k5ACe68k18 pic.twitter.com/hXVAmLsxW9
– Cubits (@CubitsHQ) December 13, 2018
Vermont deals with blockchain operations, challenges
Four state agencies in Vermont have set up a working group to study the opportunities and challenges presented by blockchain technology, according to an announcement this week.
It is BCH for OKEx
Change of cryptocurrency OKEx is to list Bitcoin Cash ABC under the original Bitcoin Cash ticker (BCH) according to an official statement released this week.
KFC Venezuela responds to the rumors of Dash
The boss of KFC Venezuela, Antonio Sampayo, denied a recent one ad that will start accepting Altcoin Dash.
KFC discussed with Dash, he said, but nothing was finalized. The processing of payments with Dash "is not a fact, nor has the publication of any news about it been authorized," he insisted.
Gemini introduces into a moving crypt
Gemini has launched a mobile application for cryptography.
Presentation of the Gemini Mobile app! Crypto on the Go! Download our app here: https://t.co/7rtrYMWM3B and check out our blog post here: https://t.co/PDtcyG55WU
– Gemini (@Gemini) 11 December 2018
Tyson Hackwood leads the growth of Crypto.com Pay
The cryptocurrency payment platform, Crypto.com, has appointed former PayPal / Braintree executive, Tyson Hackwood, as senior vice president, responsible for global acquisitions.
Galaxy Digital offers a good price
The digital banking platform initiative, Good Money, raised $ 30 million in a Series A funding round led by the Galaxy Digital encrypted bank.
State Farm's blockchain solution "has many advantages"
The US insurance company State Farm is testing a blockchain-based solution for car claims subration, announced this week.
The UNICEF Innovation Fund announces investments in blockchain
The UNICEF Innovation Fund will invest up to $ 100,000 in six companies, Atix Labs, Onesmart, Prescrypto, Statwig, Utopixar and W3 Engineers to solve global challenges using blockchain technology. Further details here.
ErisX carries a great beater like CSO
Cryptographic exchange ErisX has announced the appointment of Matt Trudeau as Chief Strategy Officer.
"ErisX is a necessary evolution for the way individuals and institutions exchange digital resources and I am pleased to be part of this initiative," says Trudeau, who led and assisted in 10 global market launches, including Instinet, Chi-X, IEX and Tradewind. "By offering spot and regulated futures contracts on a single platform, ErisX is a pioneer of a solution that links digital and traditional investment classes."
Facebook on blockchain hiring spree
The social media giant has added several blockchain-related jobs to his career page in recent weeks.
Bitmain interrupts Israeli activity
Bitmain is closing its development center in Israel and fires 23 employees, reports Globes.
The specialized Australian insurer supports the blockchain process
Truck and Transport Insurance National Transport Insurance (NTI) participates in a chain trial that aims to strengthen food security, improve animal welfare and monitor export safety for Australian meat. Further details here.
NTI is proud to announce the support of @ BeefLedger1
NTI's CEO, Tony Clark, says the reasons for supporting the blockchain process are varied, but it is the alignment with NTI's commitment to supporting Australian businesses that really hit the organization. https://t.co/27LcJ1RqCD– Australia (@ntiAustralia) 10 December 2018
Shinhan Bank announces the blockchain initiative
Shinhan Bank of South Korea is working on a blockchain-based work process project, according to The Korea Times.
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