Blockchain Startup Black Insurance Receives Investment From Fineqia

Blockchain, Investing, News | July 10, 2018 By:

Blockchain startup Black Insurance has received an undisclosed equity investment from Fineqia Internationals.

Black Insurance is a blockchain-based digital insurance company that allows token holders to invest directly into insurance risk. The company intends to become a licensed insuer and enable the underwriting of new insurance policies via insurance syndicates akin to the Lloyd’s market.

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Philippines’ Economic Zone To Issue 25 Crypto Licenses

News, Regulation | July 3, 2018 By:

Raul Lambino, Administrator and CEO of the Philippines’ Cagayan Economic Zone Authority (CEZA), has revealed plans to issue 25 licenses to cryptocurrency firms.

CEZA is a government-operated economic zone in the northern tip of the Philippines. It is a major trans-shipment point for trade in the Asia-Pacific rim due to its strategic location between the Pacific Ocean and the West Philippine Sea.

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Crypto Platform Uphold To Acquire New York-Based Broker-Dealer JNK Securities

Announcements, News | June 28, 2018 By:

Cryptocurrency platform Uphold will be acquiring New York-based broker-dealer JNK Securities to expand its service offering.

Uphold, formerly Bitreserve, is a cloud-based financial services platform enabling users to convert deposits to their account via bank account, credit card, and cryptocurrencies into reserve-backed currencies and commodities.

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