A group of financiers will create a “complimentary global currency” subject to random identity checks and pegged to fiat, Financial Times reports March 22. Discussing plans for Saga, which will feature a Swiss foundation and advice from various banking figures, chairman of JPMorgan Chase International and ex-governor of the Bank of Israel Jacob Frenkel said […]

Altcoin

Two South Korea financial regulators are reportedly launching a probe into domestic banks over their implementation of anti-money laundering procedures for cryptocurrency exchanges. According to a report from Yonhap, the Financial Intelligence Unit and Financial Services Commission (FSC) will launch the inspection starting next month at banks offering corporate accounts to cryptocurrency exchanges. The investigation, […]

AML

A platform has developed a terminal to help institutional investors and hedge funds buy and trade cryptocurrency with ease, all the while delivering transparency and compliance through state-of-the-art technology. Blockchain Terminal is led by a Wall Street veteran who has served as a chief information officer at two of America’s biggest asset management firms. Known […]

Blockchain

Japanese multinational Fujitsu, one of the world’s largest IT services companies, has launched a Brussels-based Blockchain Innovation Center. The company announced the initiative on Wednesday, noting that its primary objective would be to facilitate research on blockchain technology and to develop projects in collaboration with private and public sector organizations. “The center underscores Fujitsu’s commitment to […]

Fujitsu

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