News & Blog

Coronavirus blockchain AI
Blockchain and AI Techs Called to Arms Against Coronavirus 1024 500 Crypto Rand Group

Blockchain and AI Techs Called to Arms Against Coronavirus

An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic.  Syren Johnstone —  executive director of the master in laws (compliance and regulation) program at the University of Hong Kong — published a post for the Oxford University Faculty of…

Sony securitize
Sony Investing in Crypto Security Tokens Company, Securitize 1024 500 Crypto Rand Group

Sony Investing in Crypto Security Tokens Company, Securitize

Sony looks set to get on the security token bandwagon and has indirectly made an undisclosed investment in Securitize, a San Francisco-based platform that issues and managing digital securities. The investment arm of the music and electronics giant joined a funding round that raised USD 14 million. Per a joint Sony-Securitize press release shared with…

Bitmex Xrp
Bitmex listing XRP perpetual swap, up to x50 leverage 1024 500 Crypto Rand Group

Bitmex listing XRP perpetual swap, up to x50 leverage

Crypto derivatives exchange BitMEX is set to roll out a new perpetual swap contract for the XRP cryptocurrency. The XRP/USD swap contract is going live on February 5 at 4:00 UTC, BitMEX announced on Twitter. The product was first revealed in January.  “Is it called Ripple, XRP, or dogshit? Who knows, who cares. It’s worth…

car token
Collectible Cars are Getting Pegged to a Crypto Token in Liechtenstein 1024 500 Crypto Rand Group

Collectible Cars are Getting Pegged to a Crypto Token in Liechtenstein

Investment platform CurioInvest and Seychelles-based digital asset exchange MERJ Exchange Ltd. will jointly begin offering a token backed by collector luxury cars. The so-called Car Token (CT1) token is set to be pegged to the value of collectible cars giving more people a chance to have a fraction of an asset, BNN Bloomberg reported on…

Winklevoss patent
Winklevoss Brothers Obtaining Six New Crypto Patents 1024 500 Crypto Rand Group

Winklevoss Brothers Obtaining Six New Crypto Patents

Tyler and Cameron Winklevoss, the founders of the Gemini cryptocurrency exchange, have obtained six stablecoin-related patents, according to filings with the United States Patent and Trademark Office.  Three of the patents — the first, second and the fifth on the list — all describe systems for changing the supply of a public blockchain-based stablecoin. The…

SBI XRP cryptocurrency
SBI Holdings Shareholders Receive XRP Cryptocurrency as a Benefit 1024 500 Crypto Rand Group

SBI Holdings Shareholders Receive XRP Cryptocurrency as a Benefit

Japan’s crypto-friendly financial services company SBI Holdings will give shareholders the option to receive the XRP cryptocurrency as a benefit. SBI announced on Friday shareholders could either take the benefit in XRP or another product offered by health food and cosmetics subsidiary SBI Alapromo. Under the scheme, new shareholders on the company’s registry as of…

Mercedes blockchain
Mercedes Tracking Carbon Emissions on Blockchain 1024 500 Crypto Rand Group

Mercedes Tracking Carbon Emissions on Blockchain

Major car manufacturer Mercedes Benz and blockchain startup Circulor are jointly rolling out a pilot aimed at the tracing carbon emissions in the cobalt supply chain. According to a Jan. 30 press release, the project by Mercedes and Circulor comes as part of the Startup Autobahn initiative, aimed at identifying next-generation automobiles. The companies will…

Cambodia Payment
Cambodia National Bank Plans on Releasing Crypto Payment Solution 1024 500 Crypto Rand Group

Cambodia National Bank Plans on Releasing Crypto Payment Solution

The National Bank of Cambodia (NBC) will launch a Blockchain-based, peer-to-peer payment and money transfer platform in the next few months, its director-general Chea Serey told The Post on Monday. Dubbed ‘Project Bakong’, the scheme already has the support of 11 banks, with many more expected to join soon, Serey said. Bakong, essentially a quasi-form…

Binance exec
Binance Hiring Huobi’s Exec, Part of An Expansion Plan 1024 500 Crypto Rand Group

Binance Hiring Huobi’s Exec, Part of An Expansion Plan

Binance, the second-largest cryptocurrency exchange by 24-hour volume, has hired an exec from one of its foremost competitor exchanges, Huobi. According to an announcement shared with Cointelegraph on Jan. 30, Binance has hired exec Josh Goodbody as its new director of European and Latin American growth and institutional business.  Prior to joining Binance, Goodbody worked…

Coinbase FCA
Coinbase’s Financial Services Provider Granted a Licence by the FCA 1024 500 Crypto Rand Group

Coinbase’s Financial Services Provider Granted a Licence by the FCA

A company that provides financial services for cryptocurrency companies including Coinbase, Bitstamp and Galaxy Digital has been awarded a payments license by the U.K.’s Financial Conduct Authority (FCA). London-based BCB Group announced the news Wednesday, saying its subsidiary, BCB Payments Ltd., is now the “first and only crypto-focused” company to have be registered as an…

Swiss IPO
First Swiss Blockchain IPO Approved by Regulators 1024 500 Crypto Rand Group

First Swiss Blockchain IPO Approved by Regulators

Swiss regulators have given the go-ahead for what is purportedly the country’s first fully compliant initial public offering (IPO) on a blockchain. Swiss blockchain firm Overfuture will launch a compliant IPO and offer ordinary class-A shares natively on the Ethereum blockchain, using smart contracts provided by Zug-based EURO DAXX (the European Digital Assets Exchange), a…

India Rupee
A State-run Crypto Rupee is in The Making 1024 500 Crypto Rand Group

A State-run Crypto Rupee is in The Making

A draft of India’s national strategy on blockchain and distributed ledger technology suggests a central bank digital currency (CBDC), the digital Indian rupee, and a national blockchain. The National Institute for Smart Governance (NISG), a non-profit public body incorporated by the government of India, has published a draft document on the country’s national blockchain strategy.…

Singapore AML
Singapore Publishing New Crypto AML Rules 1024 500 Crypto Rand Group

Singapore Publishing New Crypto AML Rules

The Monetary Authority of Singapore (MAS) is updating its regulatory framework for digital payments with new AML rules. Announced Tuesday, Singapore’s Payment Services Act 2019 (PSA) brings so-called Digital Payment Token (DPT) services – effectively covering all crypto businesses and exchanges based in Singapore – under current anti-money laundering (AML) and counter-terrorist-financing (CTF) rules. As…

Australian exchange
Large Australian Exchange Expands to Singapore 1024 500 Crypto Rand Group

Large Australian Exchange Expands to Singapore

Independent Reserve, one of the largest cryptocurrency exchanges in Australia, is expanding to Singapore after an “overwhelmingly positive” response from the regulator. Adrian Przelozny, CEO and founder of the Sydney-based exchange, announced Friday it had expanded its trading services to users in Singapore, saying in a statement that his team “felt the time was right…

Japan cryptocurrency
Japan looking to issue their own cryptocurrency 1024 500 Crypto Rand Group

Japan looking to issue their own cryptocurrency

A group of ruling party lawmakers are working on a proposal for Japan to issue its own cryptocurrency, one of the members said, in a sign of alarm Tokyo is feeling about Facebook’s Libra and China’s drive to create a digital yuan. The digital currency could be a joint initiative between the government and private…