Blockchain

Cryptocurrency exchange Digitex will no longer do know your customer (KYC) checks on its users after personal data of more than 8,000 customers was recently stolen.

A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.

Chinese investment firm Huiyin Group is launching a $20m bitcoin and blockchain-focused investment subsidiary - Huiyin Blockchain Ventures (HBV)

Cogint subsidiary Red Violet Blockchain and Analytical Solutions has acquired a minority stake in Dragonchain.

The Swiss crypto service Aximetria has launched a service solution to check bank cards for crypto tolerance, enabling users to see how likely their banks are to block a cryptocurrency transaction.

The Financial Conduct Authority (FCA) has allowed a number of cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.

Digital Asset Management, a blockchain startup founded by former JPMorgan exec Blythe Masters, has closed a $40m Series B round of funding.

Inmediate, a platform which connects consumers, insurers and distributors through smart contracts, has signed a Memorandum of Understanding with American International Group.

The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.

A report by BCG and ADDX has forecasted that asset tokenisation will be a $16.1trn business opportunity by 2030.