Fintech company Calastone to shift fund network to blockchain

Fintech company Calastone to shift fund network to blockchain

Calastone, an investment funds transaction network, said on Monday it will shift its entire system to blockchain in May, a move that could slash costs for the sector by billions of dollars a year.
SEC, EtherDelta founder settle charges over operating unregistered exchange

SEC, EtherDelta founder settle charges over operating unregistered exchange

The U.S. Securities and Exchange Commission (SEC) said on Thursday it settled charges against Zachary Coburn, the founder of cryptocurrency token trading platform EtherDelta, over operating an unregistered securities exchange.
China will likely publish rules for new tech board in January: 21st Century

China will likely publish rules for new tech board in January: 21st Century

China will likely publish rules for Shanghai's planned "technology innovation board" in January, and will launch the new tech board before June, the 21st Century Business Herald reported on Tuesday, citing unidentified sources close to the Shanghai Stock Exch…
As bitcoin trading shifts shape, big money stays away

As bitcoin trading shifts shape, big money stays away

Bitcoin's value has plunged by three-quarters this year, sending the original and biggest cryptocurrency back to levels not seen before its bubble. And price isn't the only aspect of trading that has changed.
France hopes to lure crypto-issuers with Gallic stamp of approval

France hopes to lure crypto-issuers with Gallic stamp of approval

With hundreds of cryptocurrencies being issued every month, countries face a choice: ban them, leave them unregulated, or come up with rules to tame them.
Swiss exchange SIX expects blockchain-platform to rule in 10 years

Swiss exchange SIX expects blockchain-platform to rule in 10 years

Swiss exchange SIX expects its traditional trading platform to be overtaken within a decade by an alternative it is launching that will be based on blockchain technology.
Itaú and StanChart launch blockchain platform for loans in Latin America

Itaú and StanChart launch blockchain platform for loans in Latin America

Banks Itaú Unibanco Holding SA and Standard Chartered have partnered to develop a blockchain-based platform for small syndicated loans, both companies said on Monday in a statement.
Fintech company Calastone to shift fund network to blockchain

Fintech company Calastone to shift fund network to blockchain

Calastone, an investment funds transaction network, said on Monday it will shift its entire system to blockchain in May, a move that could slash costs for the sector by billions of dollars a year.
South Korean lawyers press govt for cryptocurrency laws, investor protection

South Korean lawyers press govt for cryptocurrency laws, investor protection

South Korea's lawyers lobbied the government on Thursday to quickly establish a legal framework to help develop the blockchain-based virtual currency industry and protect investors.
Blockchain platform goes live for North Sea crude oil trading

Blockchain platform goes live for North Sea crude oil trading

Oil majors and trading firms can start finalising crude oil deals on a live blockchain-based platform for the first time, in a move that could revolutionise the market.
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