Tag Archives: DLT

Crypto Assets on Gibraltar Blockchain Exchange Can Now Be Insured

Crypto Assets on Gibraltar Blockchain Exchange Can Now Be Insured

The Gibraltar Blockchain Exchange (GBX), a subsidiary of the island’s stock exchange, is now providing insurance coverage for crypto assets listed on its platform. The firm announced Monday that it has partnered with a local provider called Callaghan Insurance to provide the policy to cover both hot (online) and cold (offline) wallets listed on the […]

US CFTC Chairman: Distributed Ledger Technology May Help in Monitoring Trading Markets

US CFTC Chairman: Distributed Ledger Technology May Help in Monitoring Trading Markets

Christopher Giancarlo, the chairman of the US Commodity Futures Trading Commission (CFTC), recently said that distributed ledger technology (DLT) may help regulatory authorities monitor trading markets more effectively. Giancarlo’s comments regarding blockchain technology came as he delivered his speech (on November 7th) titled: “Quantitative Regulation: Effective Market Regulation in a Digital Era” – at the FinTech Week conference at Georgetown University’s […]

OKEx Named “Crypto Exchange of the Year” at Malta’s Cryptocurrency Conference

OKEx Named “Crypto Exchange of the Year” at Malta’s Cryptocurrency Conference

Popular cryptocurrency exchange OKEx, which recently started setting up operations in Malta, has recently been named “Crypto Exchange of the Year,” during the Malta Blockchain Summit’s Blockchain Awards. According to a recently published press release, the awards were organized to recognize businesses, experts, and leaders in the sector that have made an “outstanding contribution to the blockchain […]

Korea Blockchain Enterprise Promotion Association Calls on Government to Regulate Crypto

Korea Blockchain Enterprise Promotion Association Calls on Government to Regulate Crypto

The recently launched Korea Blockchain Enterprise Promotion Association has called on the state to adopt crypto and blockchain technology, local news agency Korea Joongang Daily reports Aug. 8. According to the report, the blockchain association has filed a demand with the government to regulate the new technology to benefit from its opportunities instead of focusing on its negative “short-term side effects.” […]

Charlie Lee to Advise Development of HTC Crypto-Compatible Smartphone Exodus

Charlie Lee to Advise Development of HTC Crypto-Compatible Smartphone Exodus

Litecoin (LTC) founder Charlie Lee tweeted July 29 that he will be an advisor for HTC’s new smartphone Exodus, which will support LTC and the Lightning Network (LN). In acknowledging Lee’s new advisory position, HTC tweeted: “One small step for @SatoshiLite. One giant leap for blockchain.” As previously reported by Cointelegraph, HTC is seeking to enter the crypto space with a mobile device […]

Blockchain May Add $5 Billion to Indian Economy In The Next Five Years, Expert Says

Blockchain May Add $5 Billion to Indian Economy In The Next Five Years, Expert Says

Distributed ledger technology may add $5 billion to Indian economy in the next five years, according to NASSCOM’s VP Industry Initiatives. The non-profit trade association, which represents the sector of software and services companies in the country, has backed blockchain technology for many years. NASSCOM Promotes Blockchain In India for Its Potential for Economic Growth […]

How Malta Is Becoming the Blockchain Hub of the World: A Talk With Leading Law Firm

How Malta Is Becoming the Blockchain Hub of the World: A Talk With Leading Law Firm

On July 4, 2018, the Parliament of Malta approved a regulatory framework for blockchain technology, making Malta one of the most ‘blockchain-friendly’ countries in the world. Cointelegraph talked to Simon Schembri, a partner at Ganado Advocates — one of the leading Maltese law firms that was involved in drafting the legislation — about what it means for […]

Bank of England To Test Blockchain Features For New Payment System

Bank of England To Test Blockchain Features For New Payment System

The Bank of England is undertaking a proof-of-concept (PoC) to understand how the renewed Real Time Gross Settlement (RTGS) service could be capable of interacting with Distributed Ledger Technology (DLT), according to the bank’s statement on March 27. Real Time Gross Settlement systems are special payment systems where the transfer of funds is conducted between banks in […]