Parity Forced to Shut Down ICO Passport Service (PICOPS) Due to GDPR

Parity, the wallet and blockchain provider, is shutting down its PICOPS platform effective May 24, 2018, due to complications stemming from the new EU GDPR guidelines. The company announced the decision in a blog post on its website on May 18. PICOPS: The Latest Casualty of the New EU GDPR The General Data Protection Law (GDPR) of the EU is causing problems for blockchain and cryptocurrency. Part of the fundamental principle of the blockchain is

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BANKEX Smart Justice is Bringing Arbitration to Blockchain

The Smart Justice service is an innovative and community-driven way to resolve disputes in the crypto industry. Top-50 FinTech company, BANKEX, launched the beta version of its service on the 14th of May as a way to introduce complete partiality during these disputes. There is no doubt that blockchain technology has the potential to drastically change our lives.  It offers security, immutability and a high level of transparency.  It also an essential part of creating a

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Coinbase Aims to Obtain Banking Licenses

Coinbase, the largest U.S. Bitcoin exchange, has initiated exploratory conversations with financial regulators regarding banking licenses. Coinbase and Ivy Koin Meet with U.S. Regulators About Banking Licenses Coinbase is now intent on learning how to obtain banking licenses. The Wall Street Journal reports that, according to undisclosed sources, the exchange held conversations with officials from the U.S Office of the Controller of the Currency in early 2018. According to the report: Coinbase Inc. and another cryptocurrency

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White Label Crypto Exchange Platform EXPREAD Announces Partnership with FuzeX

EXPREAD (expread.io) and payment solutions provider FuzeX (fuzex.co) announced their partnership May 11, 2018. According to the announcement, the projects aim to leverage experience and technology behind both teams in order to offer their communities the best-suited trading and payment solutions. Speaking about the partnership, EXPREAD CEO Leo Liu stated: We are very excited about our partnership with FuzeX, a project that we see to have great potential to develop new payment solution that successfully combines

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