Etf daily news

General News The Financial Action Task Force (FATF) said the establishment of a global set of anti-money laundering (AML) standards for crypto’s should be expected by October. Poland’s largest bank, PKO Bank Polski, will launch a blockchain solution via a partnership with UK-based Coinform “in the coming days,” providing blockchain-issued paperwork to its five million account holders. Russian banks have expressed their strong interest in working with the industry of crypto and blockchain during a closed-door meeting held at the Moscow Exchange. However, banks are not able to meet it due to the lack of clearly defined regulations. Representatives of Russia’s largest banks have talked to regulators from Japan, Luxembourg and Singapore to adapt their experience to local realities and to propose new guidelines to the government. Switzerland has agreed to collaborate on financial technology, … [Read more...] about Cryptocurrency Daily News Bulletin: September 21_ 2018

General News Coinbase is looking to create a crypto ETF with the help of BlackRock. Business Insider reports that Coinbase has reportedly “held conversations” with the $6 trillion asset manager. ConsenSys has partnered with online education platform Coursera to offer a blockchain technology course, titled “Blockchain: Foundations And Use Cases.” Meanwhile, the Linux Foundation has opened enrolment for its new advanced training course for Hyperledger Fabric blockchain technology. Goldman Sachs CFO, Martin Chavez, said that recent reports about the company abandoning its plans to open a cryptocurrency trading desk are “fake news.” Although, Chavez did suggest that excitement over a potential trading desk may have been premature. Huobi exchange has acquired controlling stock interest (73.73 percent) in Hong Kong-based publicly listed company, Pantronics Holdings Ltd. This could be a reverse takeover, with Huobi gaining automatic inclusion on a stock … [Read more...] about Cryptocurrency Daily News Bulletin: September 7_ 2018

General News China: Alipay and its parent company Ant Financial announced a partnership with local Chinese authorities to use blockchain for ensuring the authenticity of rice, local media report Aug. 28. A major player in the Chinese market, Alipay boasted 400 million users in August 2017. The company is owned by Alibaba affiliate Ant Financial. According to Global Times, the deal with the municipal government in Wuchang in Heilongjiang Province aims to stop counterfeit versions of the well-known Wuchang rice making it into the market. North Korea has attempted to mine Bitcoin (BTC), Yonhap News reported Aug. 27, citing a report compiled by a research unit from South Korea's state-run Korea Development Bank (KDB). Yonhap notes that the mining attempt – which was allegedly conducted “on a small scale” between May and July 2017 – appears to have been unsuccessful, although the reasons for this remain unclear. According to Yonhap, the KDB report claims North … [Read more...] about Cryptocurrency Daily News Bulletin: August 29_ 2018

General News China: Regulatory agencies in China have jointly issued a warning against illegal fundraising and trading activities related to blockchain and cryptocurrency as a crackdown continues. The warning was issued on Friday by six high-level watchdogs: the People's Bank of China, the Banking Regulatory Commission, the Securities Regulatory Commission, the Ministry of Public Security, the Central Cyberspace Affairs Commission, and the State Administration for Market Regulation. It notably takes aim at cryptocurrency projects that set up operations using overseas IP addresses but solicit investment from Chinese residents and use mobile and internet payments tools to facilitate cryptocurrency trading. Meanwhile, Ant Financial, the payments affiliate of Alibaba, is cooperating with Chinese regulators to scrutinize peer-to-peer cryptocurrency trading using its Alipay mobile app. Beijing News reported Ant Financial is now beefing up efforts to monitor both merchant and customer … [Read more...] about Cryptocurrency Daily News Bulletin: August 24_ 2018

General News China: Chinese regulators are moving to block more than 100 overseas crypto exchanges offering trading services to domestic investors. Shanghai Securities Times, a mouthpiece of the Chinese financial authorities, reported on Thursday the China National Fintech Risk Rectification Office has so far identified 124 trading platforms with overseas IP addresses but are still available in the country. The office now plans to step up its efforts in monitoring the space and to block internet access to these trading platforms, the report said. Meanwhile, Shopping malls, hotels, restaurants, and office buildings in downtown Beijing have been ordered not to provide venues for activities that promote cryptocurrencies. A document, first circulated online on Wednesday, indicates that the district government has now banned commercial properties from hosting events relating to "cryptocurrency talks and promotion." In other news, China’s Ping An Insurance, one of the world's largest … [Read more...] about Cryptocurrency Daily News Bulletin: August 23_ 2018