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Chat App Kik Launches 'Crypto-Economy' With Kin Token Integration

Messaging app Kik's users can now begin earning and spending its kin token with the launch of its "crypto-economy," the company said Wednesday.

kik

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Crypto Startup Uphold Moves to Become Licensed U.S. Broker-Dealer

Digital money platform Uphold is looking to become a Finra-registered broker-dealer following a new acquisition, the company says.

NYC

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Hong Kong Seeks to Widen DLT Use in Trade Finance

Hong Kong's banking regulator is planning to widen its works on cross-border trade finance using distributed ledger technology.

hong kong

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Congress Advances Bill to Study Crypto Use in Drug, Sex Trafficking

Lawmakers in the House of Representatives have passed a bill that would approve a study of the use of cryptocurrencies in the sex and drug trades.

shutterstock_634024823

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Banks Are Trying to Launch Crypto Assets with R3 Tech

Stealth project Cordite, led by the Royal Bank of Scotland, promises the equivalent of an ERC-20 token standard for R3's open-source Corda platform.

RBS, Scotland

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Pharma Giant Merck Eyes Blockchain for Fighting Counterfeit Meds

International shipping giant Merck may be looking to blockchain technology to protect against counterfeit goods, according to a patent application.

Pills

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AlipayHK Opens Blockchain Remittance Corridor to the Philippines

The payment affiliate of China's e-commerce giant Alibaba has launched a blockchain-based remittance service between Hong Kong and the Philippines.

alipay

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How Commerzbank Is Throwing Out the Business Blockchain Playbook

The German bank is building on five different blockchains, and not just to hedge its bets – it sees a multi-chain future.

Commerzbank Branch

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Crypto Tourism Is Growing – For Better or Worse

From luxury cruises to Middle East startup tours, crypto enthusiasts are traveling the world, but it's not always seen in a positive light.

ship3

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Bitfinex's Chief Strategy Officer Leaves Crypto Exchange

Crypto exchange Bitfinex's chief strategy officer Phil Potter is leaving the firm, Reuters reported Friday.

exit, sign