Bitfinex to End Services in the US Next Month

Announcements, News, Regulation | October 20, 2017 By:

Hong Kong digital currency exchange Bitfinex , the third-largest by volume, will terminate all services for US customers by November 9. The exchange has urged all US-based customers to withdraw their holdings before the deadline.

In August, Bitfinex announced it was canceling service to US customers on its platform because of impractical regulations and policies imposed by the US Securities and Exchange Commission.


Japan Tech Giant GMO Internet Releases Blockchain KYC Software

Announcements, Blockchain, Innovation | October 20, 2017 By:

Japanese Internet conglomerate GMO Internet has released an open source know-your-customer (KYC) software based on blockchain technology. The KYC software is part of the fifth phase of the GMO Blockchain Open Source Software Project (GMO Blockchain OSS).

GMO said the new KYC software reduces human and financial costs of identity verification through use of the blockchain.


Swiss Companies Form Trade Association for Blockchain Asset Management

Announcements, Blockchain, Group | October 18, 2017 By:

Twenty financial and blockchain companies have joined forces to form a trade association in Switzerland, with the goal of establishing a unified, industry-wide voice for tackling issues in the asset management industry.

Called Multichain Asset Management Association (MAMA), the Swiss trade association was announced at the first  M-0 conference in Zug,