Netherlands Labels Fiat-to-Crypto as High Financial Crime Risks

The Dutch Central Bank and the Netherlands Authority for the Financial Markets are suggesting that fiat-to-crypto exchanges and solution providers should be labelled as cryptocurrencies carry high financial crime risks, according to a report published this week. The report embraces the concern regarding the use of cryptocurrencies for money laundering practices and terrorism financing through […]

A New Crypto Exchange in Hong Kong Powered by London

Hong Kong-based finch company ATOM Group announced that the London Stock Exchange technology will power its AAX cryptocurrency exchange platform that is planned to be launched the first half of 2019, according to press releases published by both companies. LSEG technology Millennium Exchange will be the provider of prices, data and information for the AAX […]

Indonesian Farmers go Blockchain with Hara and SingularityNET

Netherlands based artificial intelligence company SingularityNET and Singapore agriculture firm HARA announced a joint venture to bring Blockchain to farmers in Indonesia according to press releases published by both companies. The venture will provide Indonesian farmers with a blockchain powered platform to get more accurate and efficient data about grain price, land ownership, soil quality, […]

Falcon Bank to Offer Direct Withdrawals Crypto-Fiat

Swiss financial institution Falcon Private Bank has launched support for transfers from cryptocurrencies to traditional coins according to a press release published by the bank. So, Falcon provides both private and institutional clients with a crypto wallet that supports Bitcoin, Ethereum, Bitcoin Cash, and Litecoin where users can withdrawal funds in fiats. “With immediate effect,” […]

Securitize Joins IBM Accelerator to Change Debt Market

IBM is on fire when it comes to Blockchain. Digital security platform Securitize will join the IBM Blockchain Accelerator Program in 2019, a joint program between IBM and Columbia University recently launched, according to a report by Forbes. As previously reported by Cryptimi, IBM and Columbia University launched back in November two technology accelerators focused […]

Algeciras Goes Blockchain With IBM Shipping Platform

US-based technology company IBM and the Port Authority of the Bay of Algeciras in Spain have reached an agreement to deploy blockchain-powered shipping platform called Tradelens, according to a report from Europa Press. According to the Port Authority of the Bay of Algeciras, APBA, they will implement the solution developed by IBM and Maersk. TradeLens […]

Crypto Payment Alive; Bitpay Processed Over $1B in Transactions in 2018

Atlanta based cryptocurrency payment service company BitPay moved one billion dollars in transactions in 2018, according to a press release published by the company. Its B2B business grew around 255% the past year. BitPay also reported the company added new critical customers like the State of Ohio, hackerOne, and Dish networks. The crypto and blockchain […]

UPS and Inxeption to Use Blockchain in B2B Processes

The United States-based multinational package delivery and supply chain management company UPS has invested in the American blockchain startup Inxeption as they will partner to improve supply chain and B2B businesses according to a press release published by the company. “Inxeption Corporation, the pioneer of blockchain-for-business, today announced that UPS Strategic Enterprise fund has made […]

South Africa is the New Pro-Crypto Country in the Neighbourhood

In a recent consultation paper, the government of South Africa hinted it has no intention to ban cryptocurrencies neither crypto companies at least in the middle term, as previously speculations were raised. In the paper “Consultation Paper on Policy Proposals for Crypto Assets,” the South African Reserve Bank (SARB) stated that a regulatory framework on […]

$2.4 million for Digital News Startups in NewsPack, by WordPress

Digital platform WordPress and its parent company Automattic has secured $2.4m for a project called Newspack that will develop a next-generation publishing platform according to a press release published by the company. Companies including Spirited media, News Revenue Hub, WordPress, Google, Consensus, The Lenfest Institute for Journalism and The John S. and James L. Knight […]