The latest move, a major step in DeFi, is seen as helping bring better transparency and efficiency into OTC derivatives market.
The strong price of Bitcoin driving crypto deals, especially reverse mergers in the industry, according to a new PwC crypto funds report.
The latest move gives Asia its first homegrown, independent digital asset custodian, filling an important niche in the nascent but fast-growing industry.
The move is seen as a breakthrough for the crypto industry as it represents a leap for stablecoins to be used to invest in crypto asset strategies.
The news follows the announcement in May that it will adopt blockchain to curb spam calls.
Japan has been at the forefront of introducing crypto regulations and has been a vocal advocate of harmonized global regulations governing digital assets.
The company believes that the product will appeal to businesses who are active in the digital assets space.
This latest pilot project involved HK-based MTC Electronic exporting a shipment of LCD parts and panels to its parent company, Shenzhen MTC.
The trustless exchange protocol that aims to address some of the key vulnerabilities such as hacking and dispute resolution often associated with current crypto exchange models.
Beijing is slated to launch the government-backed cryptocurrency DC/EP on China’s busiest shopping day of November 11.