Category Archives: Crypto Currency

14 Thai Banks Back Blockchain Platform

Fourteen Thai banks have joined forces to create the Thailand Blockchain Community Initiative, which will digitize letters of guarantee on a shared blockchain platform, Thailand’s central bank
announced on Monday. The country’s top banks – Bangkok Bank, Krung Thai Bank, Siam Commercial Bank and Kasikornbank – will all participate in the initiative, which utilizes the Linux Foundation’s
Hyperledger Fabric as a technology platform. Continue reading 14 Thai Banks Back Blockchain Platform

US Federal Trade Commission Creates Blockchain Working Group

The US Federal Trade Commission (FTC) has created a Blockchain Working Group to identify and target fraudulent schemes which affect the FTC’s consumer protection and competition missions, according to a blog post published on the agency’s website March 16. Continue reading US Federal Trade Commission Creates Blockchain Working Group

Bitfury Gains Government Approval For $35 Mln Norway Datacenter

Blockchain technology company Bitfury announced it will open an “energy efficient” datacenter in Norway March 20 in a deal with the blessing of the government. In a blog post, the business confirmed it would open two sites around the town of Mo i Rana, investing 274 million kronor ($35 mln) in infrastructure and hiring 30 employees. Continue reading Bitfury Gains Government Approval For $35 Mln Norway Datacenter

Tether Has Banking Relationship with Puerto Rico-based Noble Bank

New research suggests that cryptocurrency startup Tether — creator of dollar-pegged stablecoin USDT — has a banking relationship with Puerto Rican financial institution Noble Bank. On Monday, BitMEX Research published a report examining newly-released data related to Puerto Rico’s financial system for the calendar year ended 2017. Continue reading Tether Has Banking Relationship with Puerto Rico-based Noble Bank