Coinbase CEO Launches a Crypto Charity, Aimed at Emerging Markets

Brian Armstrong, CEO and founder of the US cryptocurrency exchange Coinbase, has unveiled another one of his ventures – a crypto-based charity that will help people in third world countries. The non-profit initiative, dubbed GiveCrypto, will accept donations from crypto owners in the form of…

Alibaba Payment Affiliate Successfully Trials Blockchain Remittance Service

Ant Finance, a payment branch of the e-commerce and retail giant Alibaba, has launched a blockchain-based money remittance service. Ant Finance is the parent company of the world’s largest online payments platform Alipay, which could hugely benefit from further integration of distributed ledger technology to…

Bank of England to Update Settlement System to Work with Blockchain

The Real Time Gross Settlement (RTGS) system is a fundamental part of banking within the British financial system; it facilitates large fund transfers between banks. However, the Governor of the Bank of England, Mark Carney, has announced it will be redesigned in order that it…