Wyoming Introduces Bill Permitting Tokenization of Stocks

Wyoming Introduces Bill Permitting Tokenization of Stocks A bill allowing corporations to issue blockchain-based tokens that represent stocks was introduced in Wyoming on Jan. 16, according to the official state legislature site. House Bill 185 is sponsored by Representatives Olsen, Brown, Hunt, Lindholm, Western and Zwonitzer and Senators Driskill and Rothfuss. If passed, the bill will become effective on…

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Barclays and Clearmatics Call on Coders to Help Blockchains Talk to Each Other

Barclays and Clearmatics Call on Coders to Help Blockchains Talk to Each Other U.K. bank Barclays and London-based startup Clearmatics are inviting coders to come up with ways to connect ethereum with made-for-enterprise blockchains such as Hyperledger Fabric. The interoperability challenge is being hosted by Clearmatics and will use a template involving its open-source interoperability…

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UPS Unveils Equity Investment and Partnership With Blockchain B2B Firm Inxeption

UPS Unveils Equity Investment and Partnership With Blockchain B2B Firm Inxeption The investment arm of logistics giant UPS has made an undisclosed equity investment in United States enterprise blockchain company Inxeption, the firm confirmed in a press release Jan 16. Inxeption, which began operations in 2017, aims to use blockchain technology to improve various processes for businesses, including product design, manufacturing and supply chain management. Neither party…

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Circle’s USDC Stablecoin Fully Dollar Backed, Says Latest Auditor’s Report

Circle’s USDC Stablecoin Fully Dollar Backed, Says Latest Auditor’s Report Crypto finance startup Circle’s USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton. The auditor published an attestation report on Wednesday, stating that Circle had $251,211,209 held in custody accounts as of Dec. 31, 2018, against the 251,211,148…

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South Africa’s Central Bank Proposes Rules for Crypto Companies

South Africa’s Central Bank Proposes Rules for Crypto Companies Crypto exchanges and wallet providers would have to register with regulators under rules proposed by South Africa’s central bank. In a consultation paper published Wednesday, the South African Reserve Bank (SARB) said that regulatory action on crypto assets needs to be prioritized to protect consumers and investors, stating…

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Swiss Crypto Industry Leader Says Next Crypto Wave Will Be Stablecoins, Security Tokens

Swiss Crypto Industry Leader Says Next Crypto Wave Will Be Stablecoins, Security Tokens Bitcoin Association Switzerland board member Luzius Meisser says he believes the next wave of crypto innovation will focus on stablecoins and security tokens. Meisser made his remarks during an interview with Cointelegraph’s correspondent during the Crypto Finance Conference in St. Moritz, Switzerland on Jan.…

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