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India: NITI Aayog Invites Crypto Startups to its Event ! other crypto news

This is a daily round up of important blockchain and crypto news between March 27, 2019 and March 28, 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. India: NITI Aayog Invites Crypto Startups to its Event

On 25th of March NITI Ayog – the premier planning body of the government – organized a FinTech event in New Delhi. It was called FinTech Conclave 2019, and it was attended by the representatives from all from almost all bodies under the purview of Finance Ministry. It had representatives from SEBI, RBI, Income Tax Department, Revenue Department, etc. Since it was a fintech event, representatives of major fintech startups were also present at it. Read more

2. In a Surprise Twist, Court Acquits Crypto Jacker

A Japanese man was set free by a court despite being guilty of using Coinhive to mine the cryptocurrency Monero. The 31 year old website designer used to run Coinhive software on his website to mine virtual currency, and the Yokohama District Court of Japan has apparently issued order to release him. The Coinhive program enables the users to take advantage of the visitor’s website spare computing power to mine cryptocurrencies. Read more

3. Ledger, Legacy Trust to Offer Institutional Custody of ERC-20 Tokens

Cryptocurrency hardware wallets maker Ledger and Hong Kong-licensed trust and custody company Legacy Trust have partnered to provide “institutional-grade” cryptocurrency custody. By utilizing Ledger’s multi-signature cryptocurrency wallet management product Ledger Vault, Legacy Trust said it can now “securely and efficiently” custody clients’ digital assets, such as bitcoin, and perhaps most notably, will also start offering custody of ethereum-based ERC-20 tokens. Read more

4. Blockchain Exchange Secures $50 Million in Diamonds for ETF Launch

Blockchain-based trading platform CEDEX says it has now secured a supply of more than 6,000 diamonds ahead of its launch of a diamond exchange-traded fund (ETF). Announcing the news on Wednesday, CEDEX said that the diamonds – worth over $50 million – will provide traders with a variety of investment options prior to the launch of the ETF, which is currently in development.  Read more

5. Binance CEO CZ: Fake Volume Reports Are Useful for Crypto Industry to Move Forward

Zhao, known in the industry as CZ, said that the reports — most recently from Bitwise Asset Management and The Tie — on exchanges widely faking volumes will end up making the whole industry more transparent. He also stressed that the story has nothing to do with CoinMarketCap — one of the most popular crypto rankings websites. Read more

Bite-sized News

Only the headlines are enough for these news

  • Corda Blockchain Trade Finance Platform Marco Polo Sees First Transactions Read Story.
  • Formula 1 Partners with Blockchain Startup to Launch Ethereum-based F1 Game Read Story.
  • New York Grants Its 18th BitLicense to Crypto ‘Prime Broker’ Tagomi Read Story.
  • CFTC Technology Advisory Committee Discusses Crypto Regulation and DLT AdoptionRead Story.
  • Swiss Regulator FINMA Concludes That Mining Firm Envion’s ICO Was UnlawfulRead Story.

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