Accounting and Consulting Firm Armanino Launches Blockchain-based Software Tool

California-based Armanino, an accounting and business consulting company, has introduced a new blockchain-powered software tool. Launched on Wednesday, the company’s distributed ledger technology (DLT)-based tool can reportedly perform firm-originated financial audits within seconds. Dubbed the TrustExplorer 2.0, Armanino’s new product is among several others that have been designed to streamline Read more…

Paxos Receives “No-Action” Letter from SEC to Settle Blockchain-based Equities

Paxos is planning to streamline equities settlement by using a regulatory compliant blockchain-based process. The Paxos Trust Company received a no-action relief letter from the US Securities and Exchange Commission (SEC) on October 28, in order to conduct equity securities trading on a blockchain-enabled platform designed specifically for broker-dealers.  Paxos’s Read more…

Facebook’s Libra Charter Signed By 21 Organizations During Meeting in Geneva, Switzerland

The Libra charter has been signed by 21 organizations, just days after several high-profile payment processing and e-commerce companies withdrew from the controversial stablecoin project led Facebook. The Libra Association named its board of directors and formed the consortium’s executive team during a conference held in Geneva, Switzerland. Facebook is Read more…

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