#startups

New FINMA FinTech License Will Allow Swiss Crypto Startups to Handle Up To $100 Million

The Swiss Financial Market Supervisory Authority (FINMA) has announced on Monday, December 3, that local blockchain and cryptocurrency startups can now apply for a new fintech license that would allow them to handle deposits of up to 100 million CHF ($100 million), just like traditional banks. According to the official announcement, starting from January 1, […]

SEC’s Strategic Hub for Innovation and Financial Technology to Guide Crypto Startups

The U.S. Securities and Exchange Commission (SEC) has launched Strategic Hub for Innovation and Financial Technology (FinHub), a new division with the goal of making it simpler for fintech and blockchain startups to navigate the legal implications of their products.

Blockchain Startup Chain Acquired by Lightyear, Moves Business to Stellar Protocol

San Francisco-based technology startup Chain Inc. has been acquired by Lightyear Corp., with two companies forming a new entity called Interstellar. As reported by Reuters, Interstellar will migrate Chain’s customer base and products onto Stellar’s public ledger, creating a platform that will enable organizations to issue, exchange and manage digital assets.

Billionaire Teddy Sagi Invests in Ukrainian Blockchain Startup Distributed Lab

Billionaire and owner of London’s Camden Market Teddy Sagi has invested in Ukrainian blockchain startup Distributed Lab, CEO Vladimir Dubinin has confirmed.

BlockShow Names Top 10 European Countries for Blockchain Startups

Blockchain conference, BlockShow Europe 2018 has released a study identifying the Top 10 European countries for starting a blockchain company.

Bitcoin Wallet Blockchain.Info Raises a Record Setting $40M Series B

Bitcoin and blockchain technology company Blockchain has raised $40 million in its second round of institutional funding.

Pavel Kravchenko, Distributed Lab Co-Founder Says 99% of Startups Don’t Make a Working Product after ICO

Pavel Kravchenko, co-founder of blockchain company Distributed Lab, is known for his hard-hitting statements on processes within the cryptoindustry. Recently he wrote a Facebook post sharing his views about what’s happening to cryptocurrencies and ICO market in layman’s terms.

January’s Investment in Bitcoin and Blockchain Startups Exceeds $42 Million

Overall amount of declared investment in bitcoin and blockchain startups comprised $42,63 million in January 2017, most of which accrues to blockchain infrastructure provider BitBury. 

RIS Ventures: We Link Big Corporations to Small Blockchain Startups

The first accelerator to seek startups focusing on banking and financial technologies was recently launched in Russia with selection criteria for the candidate projects including application of blockchain in depositing and settlements.

BitGo Announces Instant Transactions Service

BitGo announced lauching a new service, which would allow the company’s customers to accept bitcoin transactions prior to their official confirmation on the blockchain.

MIT Researchers to Launch Beta of Encrypted Data Platform Enigma

A group of researchers and entrepreneurs from MIT Media Lab announced beta version of their encrypted daya platform Enigma will soon be released. The system has been in development since July 2015. It employs blockchain technology to maintait safe and secure sharing of sensitive data with third parties. The platform itself is named after famous […]