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On March 3rd, German financial watchdog BaFin announced that Bitcoin and other cryptocurrencies are now officially classified as legal financial instruments in Germany. So far, the country’s Federal Financial Supervisory Authority had only accorded security tokens this classification. This new status is part of a move...

Announcing the Hong Kong Blockchain Ecosystem by Blockchain.News! What is it? Powered by Blockchain.News, the Hong Kong Blockchain Ecosystem is the bridge connecting blockchain startups and leading financial institutions in Hong Kong! The ecosystem map will be updated on a monthly basis, and businesses can utilize our...

The German parliament today passed a bill allowing banks to sell and store cryptocurrencies from next year. The new legislation will come into force on 1 January 2020, and will require current custody providers and crypto exchanges operating in the country to take steps, before the end of...

The Ontario Securities Commission has approved a security token trading platform for Ontario residents only. The pilot program, called ‘FreedomX,’ will run until April 17th 2021. KYC/AML processes is required and, if successful, will expand to other areas. The company responsible for filing the request for approval...

Security-token management platform Securitize today announced a $14 million strategic round raised from investors including Banco Santander, Mitsubishi UFJ Financial Group, and, Nomura Holdings, signaling banks’ heightened interest in the cryptocurrency and digital securities markets. The San Francisco-based firm provides a compliance platform that helps blockchain...