The State Bank of India (SBI) plans to beta test a Blockchain-based smart contracts system that was developed by the BankChain consortium in December 2017. The consortium, which was launched in February, is composed of 27 banks that aim to develop Blockchain solutions for the banking industry in the country.
According to reports in the Wall Street Journal, JP Morgan Chase is considering providing access to the Chicago Mercantile Exchange’s (CME) Bitcoin futures trading through its futures platform. The CME’s announcement last week regarding the addition of Bitcoin futures sent prices of the cryptocurrency to new all-time highs over $8,300.
A subsidiary of global banking giant Intesa Sanpaolo is taking steps to reimagine what the $1.2 quadrillion derivatives market might one day look like on a public blockchain.
The Ethereum Foundation's lead developer for the Casper upgrade, Vlad Zamfir, uploaded the first version of the protocol's code to GitHub on Tuesday.
In Tatarstan, a republic of the Russian Federation, the prosecutor’s office has “warned [a] businessman against violation of the law in connection with [his] installation of terminals for the exchange of cryptocurrencies.” The cryptocurrency ATMs in question had been installed in Kazan, the republic’s capital.
A principal regulator in the Philippines has announced: “The direction is for us to consider this so-called virtual currencies offerings as possible securities in which case we will apply the Securities Regulation Code,” the country’s Commissioner, Emilio Aquino, of its Securities and Exchange Commission (PhSEC), signaled on 21 November.
