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Starbucks Likely to Accept Bitcoin as a Payment Method Facilitated by BAKKT Platform ! Other crypto news

This is a daily round up of important blockchain and crypto news between March 5, 2019 and March 6, 2019 . The focus is on important news around developments in the blockchain space, on exchanges and crypto projects.

 Please note that this is neither the only nor the exhaustive list, we are constantly trying to improve the feed and if you have any feedback, please feel free to contact us.


1. Starbucks Likely to Accept Bitcoin as a Payment Method Facilitated by BAKKT Platform

In August 2018, when it was first unveiled that Starbucks has received an equity stake in ICE’s Bakkt platform, then it caused a flutter in the market why Starbucks showed interest in the platform, which also has backing from Microsoft. The amount of equity stake Starbucks received is highly confidential, but sources suggest that the equity stake received or acquired is very high. Read more

2. Eastern Caribbean Central Bank to Test Blockchain Legal Tender

The Eastern Caribbean Central Bank (ECCB) is about to conduct a pilot for a blockchain-based central bank digital currency (CBDC) in preparation for its planned full rollout as a legal tender, possibly in 2020. For the initiative, the ECCB late last month inked a deal with Barbados-based fintech firm Bitt to help conduct the pilot, with other technical support from Pinaka Consulting. Read more

3. SWIFT Teams Up With Major Banks, SGX to Trial Blockchain Voting

Financial messaging giant SWIFT has teamed up with the Singapore Exchange and four banks to trial a platform for e-voting based on blockchain tech.Joining the effort to see if distributed ledger technology (DLT) can help make shareholder voting more simple and efficient are Deutsche Bank, DBS, HSBC and Standard Chartered Bank, as well as securities software provider SLIB. Read more

4. New Crypto Hardware Wallet Fits Your Phone’s SIM Card Slot

U.S.-based startup VaultTel has launched a tiny cryptocurrency hardware wallet that sits in the SIM tray on mobile phones.The firm announced Tuesday that the wallet solution combines an app and the VaultTel Intellichip card to store cryptocurrency private keys on mobile devices, using biometric authentication and “military grade” encryption to keep the funds safe. Read more

5. Global Blockchain Spending Will Grow About 89% in 2019, New IDC Report Says

According to the report, the financial sector will be the leading industry in terms of spending in Blockchain development this year. Banking, securities, investment services and insurance services are forecasted to invest more than $1.1 billion out of the total global Blockchain spending. In turn, manufacturing and distribution services are predicted to see spending on Blockchain amount to $653 million and $642 million respectively in 2019. Read more

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Bite-sized News

Only the headlines are enough for these news

  • QuadrigaCX gets 45 Days to Recover Missing Funds Read Story.
  • New Security Token Exchange ABE Wants to Bring Back Small-Cap IPOs Read Story.
  • Nasdaq-Powered EU Digital Exchange DX Adds Tokenized ETFs Read Story.
  • IBM Releases Security Testing Tool for Enterprise Blockchain Takers Read Story.

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