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business news
Chat App Kik Launches 'Crypto-Economy' With Kin Token Integration
Messaging app Kik's users can now begin earning and spending its kin token with the launch of its "crypto-economy," the company said Wednesday.
Crypto Startup Uphold Moves to Become Licensed U.S. Broker-Dealer
Digital money platform Uphold is looking to become a Finra-registered broker-dealer following a new acquisition, the company says.
Hong Kong Seeks to Widen DLT Use in Trade Finance
Hong Kong's banking regulator is planning to widen its works on cross-border trade finance using distributed ledger technology.
Congress Advances Bill to Study Crypto Use in Drug, Sex Trafficking
Lawmakers in the House of Representatives have passed a bill that would approve a study of the use of cryptocurrencies in the sex and drug trades.
Banks Are Trying to Launch Crypto Assets with R3 Tech
Stealth project Cordite, led by the Royal Bank of Scotland, promises the equivalent of an ERC-20 token standard for R3's open-source Corda platform.
Pharma Giant Merck Eyes Blockchain for Fighting Counterfeit Meds
International shipping giant Merck may be looking to blockchain technology to protect against counterfeit goods, according to a patent application.
AlipayHK Opens Blockchain Remittance Corridor to the Philippines
The payment affiliate of China's e-commerce giant Alibaba has launched a blockchain-based remittance service between Hong Kong and the Philippines.
How Commerzbank Is Throwing Out the Business Blockchain Playbook
The German bank is building on five different blockchains, and not just to hedge its bets – it sees a multi-chain future.
Crypto Tourism Is Growing – For Better or Worse
From luxury cruises to Middle East startup tours, crypto enthusiasts are traveling the world, but it's not always seen in a positive light.
Bitfinex's Chief Strategy Officer Leaves Crypto Exchange
Crypto exchange Bitfinex's chief strategy officer Phil Potter is leaving the firm, Reuters reported Friday.
