business news

Federal Reserve
US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
Federal Reserve

Indian army tanks
India's Defense Minister Touts Blockchain, AI Role in Warfare
India's defense minister Rajnath Singh highlighted the potential use of blockchain technology in the defense industry on Monday.
Indian army tanks

Microsoft
Microsoft Unveils Platform for Minting Enterprise-Ready Crypto Tokens
Microsoft has revealed a new platform aimed to make building blockchain tokens in the cloud as easy as plugging in a printer.
Microsoft

UK coins
UK Tax Authority Issues Crypto Guidance for Businesses
After clarifying how individual taxpayers should deal with cryptos last year, the U.K.'s HMRC has now issued guidance for enterprises.
UK coins

SIM card
Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit
Gregg Bennett had never heard of SIM swapping before. Then, one night in April, he learned in the worst way one can.
SIM card

Bitcoin mining farm (CoinDesk archives)
Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China
After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.
Bitcoin mining farm (CoinDesk archives)

josh_stein_harbor_consensus_invest_2018
Harbor Now Has Both Broker-Dealer and Transfer Agent Licenses in the US
Security token startup Harbor has been granted a transfer agent license by the SEC, a month after getting the green light from the CFTC.
josh_stein_harbor_consensus_invest_2018

46706597351_81bb121300_z
Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa
Huobi Cloud has announced its plan to provide local financial institutions with white-label exchange services in the Middle East and Africa.
46706597351_81bb121300_z

British pounds cash
Pre-Brexit, Koine Wins E-Money License From UK's FCA, Now Seeking Luxembourg, UAE, US Permissions
Digital asset custodian Koine secured an e-money license from U.K. regulators, while it now looks abroad to prepare for a future Brexit.
British pounds cash

Bank, banking
UK Banking Pilot Aims to Streamline Compliance Using Factom Blockchain
Crypto startup Knabu is launching a 30-day pilot today to put regulatory reporting on the blockchain.
Bank, banking