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Singapore Stock Exchange Taps Blockchain for Settlement Layer Infrastructure

The Singapore Stock Exchange (SGX) has partnered with investment firm Temasek to explore the use of blockchain technology for the settling of asset trades. Temasek remains a prominent player in Singapore's expanding utilization of decentralized ledger technology (DLT) with several collaborations with both public and private establishments in the city-state.…

Australia , Singapore , Pradyumna-agrawal , Singapore-stock-exchange , Temasek , Monetary-authority-of-singapore , Singapore-stock-exchange-taps-blockchain , Settlement-layer-infrastructure , Anthonia-isichei , Build-blockchain-settlement , Nikkei-asia , Lee-beng-hon

Thailand's Stock Exchange Excludes Cryptos from Upcoming Digital Asset Exchange Platform

Reading Time: 2 minutes
by
Anthonia Isichei
on
January 20, 2021 Regulation
Thailand’s stock exchange is preparing to launch a new trading platform that would not include cryptocurrencies.
Crypto Exempted From SET’s Planned Trading Platform
According to the
Bangkok Post on Wednesday (Jan. 20, 2021) the Stock Exchange of Thailand (SET) announced plans to launch a digital assets trading platform. The upcoming platform will include different tokens except cryptocurrencies.
The Thailand bourse noted that the tokens must meet certain criteria before they would be listed on the platform. The requirements include:
“First, the token must have an underlying asset that investors can analyze on value. Second, it must be a valuable product that supports economic activities. Third, the product must have benefits to society and the environment.”

Thailand , Thai , Exchange-commission , Kasikorn-business-technology-group , Stock-exchange-of-thailand , Upcoming-digital-asset-exchange-platform , Thailand-stock-exchange-excludes-cryptos , Stock-exchange-excludes-cryptos , Anthonia-isichei , Bangkok-post , Stock-exchange

Research: China Still Dominating the Cryptospace Despite Regulatory Bottlenecks

Reading Time: 2 minutes
by
Ogwu Osaemezu Emmanuel
on
January 20, 2021 Regulation
The latest research report released by Messari has revealed that the Asian region still dominates the cryptocurrency markets, with China leading the pack, despite the country’s overly strict, albeit draconian digital assets regulation.
Asia Remains the World’s Crypto Giant
Japan’s mysterious Satoshi Nakamoto started the cryptocurrency movement and it’s not a surprise that 12 years down the line, the Asian continent still occupies the frontline in the revolution, with bitcoin (BTC)-hating China leading the pack.
Specifically, “Asia’s Crypto Landscape,” a report released by Messari analyst Mira Christanto, has revealed that the continent is still the world’s biggest crypto market and the Chinese people have found a way to trade digital currencies in spite of the existing blanket ban on exchanges by the government.

China , Japan , United-states , Russia , Venezuela , Chinese , America , Satoshi-nakamoto , Mira-christanto , Ogwu-osaemezu-emmanuel , China-still-dominating , Cryptospace-despite-regulatory-bottlenecks

IOTA's Mat Yarger Hints at the Jaguar Land Rover Partnership

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by
Wayne Jones
on
January 19, 2021 Altcoins
A Twitter user recently asked IOTA’s Mat Yarger about the Jaguar Land Rover partnership. Yarger, Head of Mobility and Automotive at the IOTA Foundation, said that the collaboration is still very active. He added that there would be some significant updates within the next two quarters, and he is pretty excited about it.
What to Expect on the Alliance
In the third quarter of 2020, the public distributed ledger (DLT) IOTA announced the IOTA Access‘s launch, an open-source framework that builds access control systems. An example is a car owner’s ability to enable someone to access and use their car remotely.

Austria , Berlin , Germany , Romania , Toni-barck , Dominik-schiener , Stmicroelectronics , Economic-affairs , Austria-federal-ministry-for-digital , Jaguar-land-rover-partnership , Yarger-hints , Wayne-jones

Netherlands: Bitstamp Users Must Now Undergo KYC to Withdraw to External Wallets

Reading Time: 2 minutes
by
Ogwu Osaemezu Emmanuel
on
January 19, 2021 Regulation
Bitstamp crypto exchange has now made it mandatory for its users who want to withdraw funds to external wallets to first undergo a know-your-customer procedure. The firm says the new measure is in a bid to comply with Netherlands anti-money laundering regulations.
Bitstamp Ups its KYC Game
While cryptocurrency big whales and enthusiasts in the United States are still battling against the idea of the outgoing Treasury Secretary Steve Mnuchin and his team to introduce KYC procedures for self-hosted crypto wallets (non-custodial wallets), the draconian regulation is already live in the Netherlands.

United-states , Netherlands , American , Dutch , Scott-perryr-penn , Tom-emmerr-minn , Steve-mnuchin , Ogwu-osaemezu-emmanuel , Twitter , Nederlandsche-bank , Bitstamp-users-must-now-undergo , External-wallets

Ecuadorian Presidential Candidate Floats National Cryptocurrency Idea

Reading Time: 2 minutes
by
Aisshwarya Tiwari
on
January 18, 2021 Regulation
Ecuadorian presidential candidate wants the country to join in the CBDC bandwagon.
Making Ecuador Crypto-Friendly
According to a recent report by
Decrypt, Ecuadorian presidential candidate for 2021 and the current president of the Ecuadorian-Chilean Chamber of Mining, Geovanni Andrade, recently stated that he has plans to develop a national cryptocurrency to enable transactions within Ecuador.
The presidential hopeful, in a recent interview with the digital newspaper
Primicias shed light on his government plan, stating that a national cryptocurrency would make internal transactions easier and facilitate their audit.
In addition, Andrade said the national cryptocurrency project is an essential part of his vision for Ecuador.

Japan , Netherlands , United-kingdom , China , Ecuador , Sweden , Chile , South-korea , Ukraine , Chilean , Ukrainian , Geovanni-andrade

Russia: Palladium Producer Nornickel Joins IBM's Responsible Sourcing Blockchain Network

Reading Time: 2 minutes
by
Aisshwarya Tiwari
on
January 18, 2021 Blockchain
The world’s largest producer of palladium is the latest to join the Responsible Sourcing Blockchain Network (RSBN).
Norilsk Nickel Joins RSBN
According to a report by
Ledger Insights on January 16, Russian nickel and palladium mining and smelting company Nornickel has now officially joined the RSBN with aim to tap the solution for nickel and cobalt.
For the uninitiated, RSBN allows its member entities to share data with other selected members and gives them a permanent, non-disputable supply chain record of mineral production to trace and verify responsible sourcing practices in mining.

Finland , Norilsk , Krasnoyarskiy-kray , Russia , Russian , Ogwu-osaemezu-emmanuel , Volvo , Blockchain-network , Ibm , Linux-foundation-hyperledger-fabric , Volkswagen , Organization-for-economic-cooperation

Enjin (ENJ) Allies with Miss Bitcoin to Launch the First NFT Project in Japan

Gracone Inc, an educational platform highlighting the use of blockchain and non-fungible tokens, particularly in charity, is partnering with Enjin to launch the first Japanese NFT charity project via Kizuna, a hub that aims to change the society through sustainable development goals by leveraging on the blockchain, an announcement on…

Osaka , Japan , Japanese , Mai-fujimoto , Noriaki-imai , Sanpo-yoshi , Witek-radomski , Maxim-blagov , Gracone-inc , Miss-bitcoin , Dalmas-ngetich , Cryptocurrency-news

Popular K-Pop Girl Band To Mint Digital Collectibles on Polkadot

On Jan 16, 2020, the parent company of K-pop sensation girl band Mamamoo revealed that it would release non-fungible tokens (NFT) on Hong Kong-based exchange Xeno. K-pop Merch Going Digital The move by RBW (Rainbowbridge World), a South Korean entertainment company that represents top K-pop bands, will enable music fans…

Japan , Hong-kong , South-korea , South-korean , Jae-woong-wang , Hong-kong-based , Rainbowbridge-world , Woong-wang , East-asian , Anthony-di-franco , Cryptocurrency-news

Arxnovum Files Bitcoin ETF in Canada With Gemini as Sub-Custodian

Cryptocurrency exchange and custodian Gemini has plans to sub-custody a Bitcoin ETF in Canada, which was filed on Jan 11. The filing was done by Arxnovum, a Canadian investment firm, and if approved, will be listed on the Toronto Stock Exchange under the ticker “BIT.U.” Bitcoin ETF Still Needs to…

Canada , Toronto , Ontario , Canadian , Shaun-cumby , York-state-department-of-financial-service , Iq-corp , Canada-ontario-securities-commission , Toronto-stock-exchange , Arxnovum-files-bitcoin , Canada-with-gemini , Evan-ezquer