business news

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Kraken Boosts Institutional Offerings With Acquisition of Dan Held's Interchange
Cryptocurrency exchange Kraken has acquired Interchange, a startup offering a way for institutional investors to better manage their portfolios.
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Airline's Blockchain Ticketing Platform Sees $1 Million in July Sales
Russia's second largest airline is touting the benefits of blockchain after a ticketing platform it developed raked in over $1 million in a month.
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Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala
Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group.
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UK Finance Watchdog Issues Guidance on Regulation for Bitcoin and Crypto Assets
The U.K.'s Financial Conduct Authority has finalized its guidance on crypto assets following a consultation which began in January.
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Blockchain Insurance Group B3i Launches First Product on R3's Corda
B3i, a consortium startup working to use blockchain tech in the insurance industry, has launched its first product on R3's Corda platform.
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Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report
Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources.
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Philippines' UnionBank Launches Stablecoin, Conducts Country's First Bank Blockchain Transaction
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.
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Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King
Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.
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Crypto Trader XBTOI Wins Bermuda License
Crypto finance solutions may be finding lower regulatory hurdles abroad as one of the most venerable exchanges takes to the islands.
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