Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator.
The companies are planning to bring instant settlement and simultaneous delivery versus payment to the London bullion market.
Bankchain offers to reduce risk exposure and increase operational efficiency by delivering instantaneous transaction settlement.
The cooperation aimed at creation of next generation settlement service for gold market will be based on Bankchain, itBit’s revolutionary product.
Ten new companies will apply collaborative efforts to develop a cross-industry open standard for distributed ledgers.
The final auction of confiscated Silk Road bitcoins resulted in four winners, the U.S. Marshals Service spokesperson said on Thursday.
New York-based bitcoin exchange itBit won five blocks of the digital currency which is equal approximately to 10,000 bitcoins.
A group of Bitcoin entrepreneurs has recently collaborated to prevent illegal activities in the sphere of digital currencies and blockchain technology.
ItBit, a global bitcoin exchange, reveals details of its exclusive Bankchain project, a private shared ledger system for banks.
itBit has launched a new trading desk to simplify large bitcoin transactions.