Ripple-backed crypto wallet BRD ventures into enterprise blockchain market, aiming to serve banks and others

BRD, a cryptocurrency wallet provider that is backed by Ripple and Japanese financial services giant SBI Holdings, has ventured into the enterprise blockchain market. The new venture, dubbed “Blockset,” aims to serve banks, financial services institutions and consultancy firms, among others, BRD announced Friday. Blockset provides “ready-to-use” tools, which help Read more…

We spoke with the former CFTC chief about digitizing the dollar and how the private sector will be key to adoption

Quick Take Former Commodity Future Trading Commission Chair Christopher Giancarlo announced plans for the “Digital Dollar Project,” a group intended to be a thought leader on the digitization of the U.S. dollar Giancarlo is interested in modernizing the U.S. financial infrastructure in a variety of different areas The project is Read more…

Elliptic’s Liat Shetret: Congress risks losing the tech war to China if it imposes stringent regulations on crypto

The U.S. risks losing its innovative edge if regulators create too much resistance to emerging blockchain applications like privacy coins, crypto compliance analyst Liat Shetret told Congress during a Wednesday hearing. On Jan. 15, the House of Representatives’ Tom Lantos Human Rights Commission hosted a Congressional hearing that revisited the 2000 Read more…

Gemini ventures into insurance business – launches ‘Nakamoto’ to provide $200M crypto coverage

Cryptocurrency exchange and custodian Gemini has launched a “captive” insurance company, dubbed “Nakamoto.” Captive insurance is an alternative to self-insurance in which a company creates a licensed insurance company to provide coverage for itself. Gemini’s Nakamoto is licensed by the Bermuda Monetary Authority, according to an announcement published Thursday. Nakamoto Read more…

NBA’s Sacramento Kings partner with ConsenSys to launch sports gear auctions on Ethereum

NBA’s Sacramento Kings has partnered with blockchain software development studio ConsenSys to release a sports gear auction platform built on the Ethereum blockchain. Launched on Jan. 15, the new system utilizes the Consensys-backed supply chain platform, Treum, to authenticate every auctioned item and establish a transparent audit trail recording the Read more…

The Block 2020 Research Outlook

What’s in this reportThe Block analyzes market data and industry participant surveys and highlights the Genesis research team’s outlooks across our coverage to provide a snapshot of the current state of the digital asset market. Includes perspectives on: market performance, investment/funding trends, industry surveys, Open Finance/DeFi, 2020 regulatory outlooks, predictions Read more…

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