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Commerzbank, Siemens and Continental Complete Blockchain Money Market Pilot
Posted on Thursday February 21, 2019

Commerzbank, Siemens and Continental Complete Blockchain Money Market Pilot German banking and financial services company Commerzbank and technology companies Continental and Siemens have jointly conducted a money market security transaction pilot using blockchain technology. Cointelegraph auf Deutsch reported on the development on Feb. 21. Money market securities are short-terms assets that serve for financing companies and usually have a maturity…

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Huobi Korea to Strengthen Anti-Money Laundering Protections
Posted on Thursday February 21, 2019

Huobi Korea to Strengthen Anti-Money Laundering Protections Huobi Korea, the South Korean branch of the world’s sixth largest crypto exchange, has recently strengthened its anti-money laundering (AML) protections, according to a press release shared with Cointelegraph on Feb. 21. According to the statement, Huobi Korea, which launched its services in 2018, has reviewed its deposit and withdrawal processes and fiat-to-crypto…

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Latin America’s Largest Investment Bank to Launch Its Own Security Token
Posted on Thursday February 21, 2019

Latin America’s Largest Investment Bank to Launch Its Own Security Token Latin America’s largest investment bank Banco BTG Pactual SA is releasing its own blockchain-based security token, Bloomberg reported on Feb. 21. The token dubbed “ReitBZ” — which will be backed by distressed real estate assets in Brazil —  will reportedly enable the bank to provide its real estate business…

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Analyst: Buying Next Bitcoin (BTC) Pullback Could Lead to 30% Gains
Posted on Thursday February 21, 2019

Analyst: Buying Next Bitcoin (BTC) Pullback Could Lead to 30% Gains Following its recent surge, Bitcoin has now found itself caught under $4,000, despite finding stability in the $3,900 region. Analysts are now claiming that BTC’s trading volume will likely be the best indicator as to if the cryptocurrency has enough buying pressure to propel…

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Report: Bitcoin Unable to Solve Problems of Traditional Payment Systems
Posted on Monday February 18, 2019

Report: Bitcoin Unable to Solve Problems of Traditional Payment Systems An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy General Director for financial innovations and market infrastructure, Carlos Colesa, gave his opinion on the leading cryptocurrency in a reportpublished…

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