Marshall Islands Replace US Dollar with Cryptocurrency

The Marshall Islands has created its own cryptocurrency, the Sovereign (SOV), and declared it the new official currency of the country, replacing the US Dollar. The bill creating the SOV was signed March 1, 2018. The SOV will now be the official legal tender for businesses and the 53,000 or so … Read more about Marshall Islands Replace US Dollar with Cryptocurrency

German Bank Opens Crypto Exchange for Investors

A German securities trading bank has announced the first regulated cryptocurrency exchange for institutional investors, or whales, as larger investors are known in crypto markets. VPE Wertpapeierhandlesbank AG (VPE) has partnered with solarisBank to launch a cryptocurrency exchange. SolarisBank is a … Read more about German Bank Opens Crypto Exchange for Investors

FINMA Releases ICO Guidelines, Provides Clarity for Participants

The Swiss Financial Market Supervisory Authority (FINMA) issued a new set of guidelines today that outline how it will respond to inquiries from Initial Coin Offering (ICO) organizers using financial market legislation, providing some clarity for those who choose to participate in … Read more about FINMA Releases ICO Guidelines, Provides Clarity for Participants

Bank of America is the Leader in Cryptocurrency-Related Patents

As in any new industry experiencing a surge in popularity and financial interest, the number of cryptocurrency-related patent filings has seen a sharp uptick in the past several years, as interest in both distributed ledger technology and cryptocurrency has increased significantly around the globe. … Read more about Bank of America is the Leader in Cryptocurrency-Related Patents