Blockchain

The Chinese company Future FinTech Group is introducing QRO codes to its juice subsidiary to prevent counterfeit.

Mikhail Fedorov, deputy prime minister of digital transformation in the Ukraine, is set to collaborate with the country’s finance ministry to launch a new legal framework for cryptocurrencies.

With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.

It seems as if the Libra Association has ramped up its efforts to get Libra off the launchpad. However, now the European Central Bank has published a research paper warning that stablecoins like Libra could badly impact the markets.

After several high-profile Twitter accounts were compromised in a bitcoin scam, crypto traders worry that it will put the industry in a bad light.

Chat app developer Kik Interactive has entered into a settlement with the Securities and Exchange Commission for the unlawful sale tokens in 2017 and has agreed to pay $5m in fines.

Blockchain payments company Wyre has been given a $5m investment from the Stellar Development Foundation.

Brooklyn-headquartered blockchain technology firm ConsenSys raised $65m from major banks and financial services players including JP Morgan, Mastercard Inc and UBS Group AG to fund its growth and global expansion.

UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.

The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.