Morgan Stanley has become the latest Wall Street firm to venture into Bitcoin trading, with reports emerging that the investment bank intends to offer its clients derivatives tied to the crypto. Citing a source with knowledge on the matter, Bloomberg reported today, September 13 that the bank has already set up the infrastructure required for the trading and only awaits confirmation of sufficient institutional demand. Morgan Stanley follows the footsteps of other Wall Street giants such as Citigroup and Goldman Sachs which have continued to warm up to cryptos and have made strategic steps to be at the forefront of the quickly evolving industry.
Three big industry giants, Bosch, Fujitsu and Volkswagen have joined forces with IOTA to utilise its Tangle Technology in order to automate their services and products.
Blockchain projects which offer to real-life situations provide a unique service and have succeeded in the past to get visibility within the global industrial community. IOTA is one of those projects with the plan to revolutionise the Internet of Things industry through its blockchain technology.
The project by IOTA has been given an increase with the three industry giants, Bosch, Fujitsu and Volkswagen.
Colt and PCCW Global have added notable new members to a blockchain trial that automates normally labor-intensive wholesale settlements.
For some obvious reasons, but also irrational fears, big players like China, Russia, and the European Union are wary of cryptos like bitcoin. Centralized control doesn’t square with decentralization. However, often that’s not how their own regions and smaller neighbors feel about cryptocurrencies. In today’s Bitcoin in Brief we cover some recent developments mirroring this divergence of interests. The balance between center and periphery is likely to determine the future of cryptocurrencies in Eurasia and beyond.
Today, Lendo launches its token sale to the public at https://lendo.io/
The controversial debate with blockchain and cryptocurrency has been affecting this new market for the good, the bad and the ugly. More than ever, crypto giants including Bitcoin, have been fighting their way through stormy weather cringing from the blows. Yet a newcomer on the block, Lendo Platform, a London based fintech start-up, has been sailing through with ease, pioneering the way towards a new regulated crypto.
Cryptocurrency and blockchain associations from Russia, China and South Korea plan to file a class action against internet corporations banning crypto ads. The lawsuit will challenge restrictions imposed by Facebook, Google, Twitter and Yandex. An agreement to take the matter to court in the US has been reached at a crypto conference in Moscow.