Launched in April 2018, the Bank of Russia’s regulatory sandbox offers FinTech companies the chance to test new financial services and technologies without the risk of violating domestic law.
UK FinTech firm Revolut has added Bitcoin Cash (BCH) and Ripple’s XRP to its cryptocurrency trading app.
Revolut is a digital banking alternative that includes a pre-paid debit card (MasterCard), currency exchange, and peer-to-peer payments. The company currently supports spending and ATM withdrawals in 120 currencies and sending in 25 currencies directly from its mobile app.
Founded in 2013, CoinJar enables the buying and selling of cryptocurrencies and allows merchants to accept crypto payments. It allows online businesses to accept cryptocurrencies in various categories such as bitcoin tools,
Dubbed Insurwave, the platform leverages blockchain and distributed ledger technologies, Microsoft Azure infrastructure, and ACORD data standards.
Union Bank of the Philippines has launched a blockchain initiative to help rural banks integrate with the country’s main financial network.
Called Project i2i, the initiative is utilizing Kaleido, a blockchain platform developed by ethereum startup ConsenSys, to enable the linkage of rural banks to Union Bank.
Cryptocurrency platform Circle has added a new feature to its Circle Invest app that is targeted at new users.
The Circle Invest app was rolled out in 46 states across the US in March of this year. The app provides retail investors with exposure to Circle Trade,
Cryptocurrency exchange Coinbase has acquired crypto trading relay platform Paradex to enhance its new product Coinbase Pro.
Paradex is a peer-to-peer relay where users from all parts of the world can buy and sell ERC20 tokens on the ethereum blockchain in a decentralized fashion.
The United Nations Office for Project Services (UNOPS) has signed a memorandum of understanding (MoU) with blockchain network IOTA to explore how IOTA’s technology can increase the efficiency of its operations.
The UNOPS helps the United Nations (UN) and its partners provide peace and security,
Bank of Ayudhya (Krungsri), Thailand’s fifth largest bank by total assets, successfully completed a cross-border payment pilot using blockchain technology.
Krungsri conducted the blockchain pilot with Japan’s Mitsubishi Corporation (MC), MUFG Bank and Standard Chartered Singapore bank. The pilot,
Taiwanese lawmakers have formed a new parliamentary group to drive the growth of blockchain technology and cryptocurrency in Taiwan.
The Taiwan Parliamentary Coalition for Blockchain (TPCB) aims to unite politicians from different parties to decide on a clear, “friendly,” and robust regulatory framework for the blockchain sector.