Elering is an independent electricity and gas system operator in Estonia. Elering maintains and develops both electricity and gas internal transmission networks and external connections.
Brazil’s Securities and Exchange Commission (CVM) has prohibited local investment funds from investing in cryptocurrencies.
CVM issued a circular on Friday to all officers responsible for the country’s investment funds. The regulator stated in the circular that cryptocurrencies cannot be considered a financial asset,
Sberbank, a state-owned Russian banking and financial services company, has opened a blockchain lab to conduct research and collaborate with startups and other groups.
The bank said the new blockchain lab will focus on creating prototypes, pilot programs and business applications.
Bank Indonesia, the country’s central bank, has issued a warning against selling, buying or trading cryptocurrencies such as bitcoin. The central bank said cryptocurrencies are not legal tender in the country and cannot be used in transactions.
In a statement,
Chinese search engine Baidu has created a blockchain-as-a-service (BaaS) open platform.
Baidu is one of the largest Internet companies and one of the premier artificial intelligence (AI) users in the world. In December, 2016, Baidu ranked 4th overall in the Alexa Internet rankings.
Germany-based financial services firm JDC Group has created a blockchain lab to explore the utilization and application of the technology in the insurance industry. The lab is part of the third phase of its digitization strategy.
JDC Group operates as a financial services company primarily in Germany and Austria,
Global Blockchain Technologies Corp., is leading the investment in Kodak’s initial coin offering (ICO) pre-sale with a contribution of $2 million.
Earlier this week, photography giant Kodak announced its partnership with WENN Digital to create the KodakOne platform and KodakCoin,
The Bank of Korea (BOK), the central bank of South Korea, has established a special task force to study cryptocurrency and its effects on the financial system.
The cryptocurrency task force will be led by BOK deputy governor Shin Ho-soon and will be assisted by the central bank’s payment and settlement system department.
IZNES, the pan-European fund record-keeping platform based on blockchain technology, enables firms to enter into new relationships with investors and manage KYC (know your customer) processes.
Digital trading platform Cobinhood is adding 14 new coins to its roster and instituting a bi-weekly voting system that will allow new coins to be added by popular demand.
Concurrently, the zero-fee trading company has added Seattle Seahawks cornerback Richard Sherman as a spokesman and crypto ambassador for the US.