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business news
India's Defense Minister Touts Blockchain, AI Role in Warfare
India's defense minister Rajnath Singh highlighted the potential use of blockchain technology in the defense industry on Monday.

Microsoft Unveils Platform for Minting Enterprise-Ready Crypto Tokens
Microsoft has revealed a new platform aimed to make building blockchain tokens in the cloud as easy as plugging in a printer.

UK Tax Authority Issues Crypto Guidance for Businesses
After clarifying how individual taxpayers should deal with cryptos last year, the U.K.'s HMRC has now issued guidance for enterprises.

Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit
Gregg Bennett had never heard of SIM swapping before. Then, one night in April, he learned in the worst way one can.

Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China
After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.

Harbor Now Has Both Broker-Dealer and Transfer Agent Licenses in the US
Security token startup Harbor has been granted a transfer agent license by the SEC, a month after getting the green light from the CFTC.

Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa
Huobi Cloud has announced its plan to provide local financial institutions with white-label exchange services in the Middle East and Africa.

Pre-Brexit, Koine Wins E-Money License From UK's FCA, Now Seeking Luxembourg, UAE, US Permissions
Digital asset custodian Koine secured an e-money license from U.K. regulators, while it now looks abroad to prepare for a future Brexit.

UK Banking Pilot Aims to Streamline Compliance Using Factom Blockchain
Crypto startup Knabu is launching a 30-day pilot today to put regulatory reporting on the blockchain.

Longtime Bitcoin Advocate Launches Broker-Dealer for Crypto Firms
Longtime bitcoin advocate Bruce Fenton has created a new broker-dealer for digital asset firms and financial advisors called Watchdog Capital.
