Hong Kong may soon have a fully licensed crypto-exchange

Asia’s leading digital asset platform received approval for an automated trading and market license for digital assets. This is a big step forward for crypto-adoption in Hong Kong. Hong Kong’s Financial Services Authority made the general decision to grant Asia’s Digital Asset Platform OSL the license to conduct crypto-related business. This decision is the first […]

Grayscale describes bullish Bitcoin market structure

The largest digital asset-manager, Grayscale Investments, published a study on Bitcoin last week. In it, the asset-manager explains why they consider the largest crypto-currency to be an attractive investment and why the next “bull-run” could be imminent. Grayscale Investments is the world’s largest investment manager for digital currencies and by its own account, manages more […]

First automated, regulatory compliant Bitcoin transaction between CH financial intermediaries

A start-up from Crypto Valley enables the first automated transaction of Crypto Assets between two financial intermediaries in Switzerland, in compliance with the Money Laundering Ordinance of the Swiss Financial Market Supervisory Authority FINMA. In June 2019, the FATF, the global supervisory authority for money laundering, published its guidelines for handling virtual currencies. These include […]

South Koreans now have Blockchain driving licences

One million South Koreans have given up their physical driver’s licenses in favor of a Blockchain-driven digital alternative. According to current usage statistics, Blockchain driving licences are already enjoying great popularity. The program – to be able to use Blockchain driving licenses from now on – was only launched in May. Nevertheless, one million South […]

MicroStrategy purchases $250 million worth of Bitcoin

U.S. software company MicroStrategy announced that it has acquired 21,454 Bitcoins for $250 million as part of its new investment strategy. Bitcoin is thus their primary investment to protect themselves against the devaluation of money and other assets. MicroStrategy is one of the largest companies in the field of Business Intelligence. This week, the company […]