License Required For Crypto Businesses In Austria, Ripple In New Partnership
[Policy]
1. Crypto companies operating in Austria have to apply for a license to the nation’s financial watchdog as the new Anti-Money Laundering (AML) regulations come into effect;
2. The European Securities and Markets Authority (ESMA) has announced its intentions to focus on the data security of the financial industry, especially for crypto assets.
[Cryptocurrency]
1. SBI Holdings Inc. and Japanese Internet-service provider GMO Internet Inc. are about to start extracting Bitcoin at the world’s largest crypto mine, located in the industry’s new hotspot, Rockdale, Texas.
[Exchange & Wallet]
1. Bithumb is considering investing 10 billion won, about 8.62 million dollars, in the Busan-based Blockchain Special Zone;
2. Binance’s derivatives platform, Binance JEX, has announced the launch of a ‘test run’ on Futures insurance, which is scheduled for Jan 9.
[Others]
1. Thailand’s oldest bank Siam Commercial Bank (SCB) has partnered with Ripple to create a mobile application powered by blockchain to deliver instant, low-cost cross-border payments;
2. Former Bakkt CEO who was recently sworn in as Georgia’s new Senator, Kelly Loeffler is now assigned to assist overseeing CFTC;
3. Ethereum research scientist Virgil Griffith has now been formally charged for allegedly assisting North Korea in learning more about blockchain and cryptocurrencies;
4. New York governor Andrew Cuomo wants to give the Department of Financial Services (NYDFS) more powers in regulating certain licensed entities, including cryptocurrency startups;
5. Voice announced that it has appointed Forbes’ global Chief Digital Officer, Salah Zalatimo, as Chief Executive Officer, effective January 20, 2020.
Published at Thu, 09 Jan 2020 22:45:26 +0000
{flickr|100|campaign}
