[ad_1] Ripple Labs Inc. has announced it has reached a settlement “of all outstanding litigation” between R3 HoldCo LLC, R3 LLC, and XRP II, LLC, according to a press release published September 10. Per the statement, the details of the settlement will remain confidential while “both sides look forward to putting these disputes behind them.”The litigation between Ripple Labs and R3 Consortium began in September 2017, when the consortium filed
[ad_1] As been reported by TechCrunch Sept. 6, stock and cryptocurrency trading platform Robinhood is planning to launch an initial public offering. Now the company is looking for a chief financial officer (CFO). Robinhood CEO Baiju Bhatt added that the startup is undergoing a spate of audits from the U.S. Security and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) in order to ensure regulatory compliance.After raising $363
[ad_1] For several years now, the Organization for Economic Co-operation and Development (OECD) has been cautiously enthusiastic about blockchain technology. Beginning with a 2014 working paper titled, "The Bitcoin Question" the intergovernmental organization has been considering the economic possibilities opened up by distributed ledgers and cryptocurrencies — and, on the whole, it has found these possibilities exciting, even if such working papers "do not necessarily reflect the official views of
[ad_1] Great were the worry lines on the forehead of many crypto fans for whom government interventions are sort of the beginning of the end for the cryptocurrency market. Whether regulations would make sense, superfluous or annoying, put it there. For the time being, the EU Commission will not take any extensive measures. First analyze and then think about the need for action In the run-up to the meeting of
[ad_1] On Sept. 4, the government of Bahrain, a constitutional monarchy in the Persian Gulf, emphasized the importance of blockchain for the country’s economy. While the kingdom seems to be taking a rather positive approach toward crypto, the Middle East at large has proven to be a difficult region for virtual currencies, as a large chunk of countries there have banned crypto trading. Nevertheless, the Middle East seems to be
[ad_1] Competition in the business of facilitating cross-border payments has just gotten tighter. Until recently, the primary fintech challenger to the reigning SWIFT international payment system has been Ripple Labs and its various products designed for the institutional banking sector. The first week of September saw the game-changing news break, as IBM announced promotion of its DLT-powered payment system, Blockchain World Wire (BWW), from beta to a ready-for-use product.Operating on the
[ad_1] Less than a year after the launch of the first ever futures contracts for Bitcoin, Ethereum could be the second cryptocurrency to be traded on regulated futures exchanges.It’s understood that the Chicago Board Options Exchange (CBOE), the same platform that launched Bitcoin futures in December 2017, is waiting for the green light from the Commodities Futures Trading Commission (CFTC) to launch Ethereum options by the end of 2018.The CBOE
[ad_1] Distributed Ledger Technology (DLT) is changing the way energy ecosystems work at the city level. The IOTA Foundation and ENGIE Lab Crigen, a research center run by ENGIE, have partnered to produce new, intelligent energy ecosystems using blockchain. IOTA, IoT and energy ecosystems Under the agreement, ENGIE’s Computer Science and Artificial Intelligence Lab (CSAI Lab) will experiment with IOTA Tangle to develop joint proof-of-concept solutions for improving business processes
[ad_1] Over the past two days, the valuation of the cryptocurrency market has plunged to $201 billion as Bitcoin lost 13 percent, moving closer to its yearly low at $192 billion.Since Sept. 6 when the price of Bitcoin dropped by more than 10 percent within a one-hour period, the cryptocurrency market has been on a continuous decline. Tokens bled out more intensely than they previously did in April and June,
[ad_1] BlackRock is one of the pioneers in the ETF market and a heavyweight in global finance. The company manages more than $ 6 trillion worth of assets. Since the development of the crypto market did not leave BlackRock without a trace, the company also has its own blockchain department. As Business Insider reports, Coinbase is working on its own crypto ETF and wants to get support from BlackRock. As
