1. Thai Securities and Exchange Commission (SEC) Passes Regulation to Allow Digital Shares
Thailand’s capital market is experiencing fast growth. The countries SEC has recognized this and has passed regulations to give the opportunity for new tokenized securities. Tipsuda Thavaramara, helped pass the bill for the new depository system which makes digital shares possible.
[Source: Bitcoinexchangeguide] ✩✩✩✩✩
2. Microsoft Releases Blockchain Manager App
Microsoft announced its fully managed Azure Blockchain Service in a press release on May 2. The new blockchain-as-a-service (BaaS) platform will purportedly allow users to build blockchain applications on preconfigured network. According to Microsoft’s head of corporate communications, Frank Shaw, this service “simplifies the formation, management, and governance of consortium blockchain networks.”
[Source: Cointelegraph] ✩✩✩✩✩
3. Bitfinex Planning Billion-Dollar Initial Exchange Offering
Zhao Dong, shareholder of the embattled cryptocurrency exchange Bitfinex, reveals the exchange’s plans to raise funds through an initial exchange offering (IEO). The IEO will only be open to serious foreign investors who are willing to put up the $1 million buy-in.
[Source: ETHNews] ✩✩✩✩
4. Deloitte Ditches ethereum for VeChain X , Brags Beating Bitcoin Transactions
VeChain, which uses Proof of Authority rather than Proof-of-Work, clocked in more transactions than Bitcoin on Saturday. A Reddit user noticed and raised the celebratory alarm; Deloitte executive Cillian Leonowicz then claimed the activity via LinkedIn, writing:
We wrote more transactions than Bitcoin over the weekend by migrating our client work from Ethereum to VeChain — we managed to execute 20+ smart contract transactions per second.
[Source: CCN] ✩✩✩
5. Central Banks Settle Cross-Border Payments With Blockchain for First Time
The central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies.
The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful trial — the first of its kind between two central banks — showed “great potential to increase efficiencies and reduce risks for cross-border payments.”
[Source: Coindesk] ✩✩✩✩
6. 22% of Institutional Investors Have Some Digital Asset Exposure: Fidelity Digital Assets
Institutional investors are increasingly open to finding a place for digital assets in their portfolios, suggests new research.
A survey conducted by Fidelity Investments and published Thursday found that, already, around 22 percent of investors have some exposure to digital assets, while 40 percent say they are open to taking the plunge in the next five years. Of those that have exposure, most investments were made in the last three years.
[Source: Coindesk] ✩✩✩
7. Binance Unveils Latest Compliance Partnership Targeting Anti-Money Laundering
Cryptocurrency exchange Binance has partnered with blockchain monitoring solutions provider Elliptic to boost its regulatory compliance as part of its international expansion, a Binance spokesperson confirmed to Cointelegraph on May 1.
As part of plans to ensure smooth operations in new countries with varying regulations on cryptocurrency, Binance will use Elliptic to ensure it can comply with various demands from authorities.
[Source: Cointelegraph] ✩✩✩
8. Qtum Partners with Google Cloud To Allow Development of Dapps and Staking
QTUM has established a partnership with Google Cloud to further release its open-source client for staking and developing on the cloud itself. A complete set of the free-to-use tool will provide for the development of smart contracts and Decentralized Application (Dapps). It will also increase the ease of access for non-technical users in issuing and also staking/forging Tokens.
[Source: Coingape] ✩✩✩
9. South Korea: Financial Regulator Authorizes 9 Fintech, Blockchain Firms for Trial Operations
The South Korean Financial Services Commission (FSC) has authorized nine fintech companies to operate in the country as part of a regulatory sandbox, English-language local media The Korea Times reported on May 2.
[Source: Cointelegraph] ✩✩✩✩
10. dogecoin [DOGE] receives wallet support on Coinbase; notes 17% hike since Jan 2019
The cryptocurrency market observed a sideways trend for most major currencies in the top 10, at press time. However, Dogecoin [DOGE] has had a good quarter, since it recorded a 17% hike in its price since the beginning of 2019. The popular meme-coin recently received support on Coinbase Wallet.
Coinbase Wallet announced the news through a Medium blog on May 1 that read, “Starting today, you can now store your Dogecoin (DOGE) directly in the Coinbase Wallet app.”
[Source: AMBCrypto] ✩✩✩
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