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Tag Archives: Corporate

Mt. Gox Begins Taking Claims from Corporate Bitcoin Creditors

Defunct bitcoin exchange Mt. Gox has opened up its online rehabilitation claim filing system to corporate creditors who were holding cryptocurrency funds on the platform when it went belly up in 2014. Mt. Gox rehabilitation trustee Nobuaki Kobayashi made the announcement in a document dated Sept. 12 and published on the Tokyo-based bitcoin exchange operator’s website. According to the document, ...

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Mt. Gox Opens Rehabilitation Filing System to Corporate Clients

Corporate customers tangled up in the aftermath of Mt. Gox’s historic hack can finally file for reparations. The now-defunct Japanese bitcoin exchange opened up its claim filing system to corporate users this Wednesday, September 12, 2018. Previously, the system was open only to non-corporate individuals as of August 23, 2018, but with today’s announcement, any entity that lost funds to ...

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Mt. Gox Opens Online Rehabilitation Claim Filing System for Corporate Users

Now-defunct Japanese Bitcoin (BTC) exchange Mt. Gox has extended its online rehabilitation claim filing system to corporate users, according to an official announcement posted on the exchange’s site today, September 12. Today’s announcement follows upon an online system for individual (non-corporate) users that was released August 23, allowing them to file proofs of bankruptcy claims. The deadline for filing the ...

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PwC Global Survey: Corporate Interest in Blockchain on the Rise

Big Four auditing firm PricewaterhouseCoopers (PwC) just released its 2018 Global Blockchain Survey, subtitled “Blockchain is here. What’s your next move?” The sweeping survey pools data from 600 technology executives from 15 territories, with 31 percent of represented companies accruing $1 billion or more in annual revenue. Notable Findings In perhaps its most salient insight, the survey found that 84 ...

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BBVA Signs $117 Mln Blockchain-Powered Corporate Loan

Banco Bilbao Vizcaya Argentaria (BBVA) has signed a new blockchain-based loan with civil engineering firm ACS Group, according to the BBVA’s official statement July 19. BBVA, a multinational Spanish banking group, signed an agreement with ACS to provide a long-term bilateral corporate loan of €100 million ($117 million). The new blockchain-powered loan contract will reportedly boost the efficiency in financial ...

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Ripple Adds Former Facebook Exec as New Senior VP of Business and Corporate Development

Ripple, the company behind the third largest cryptocurrency by market cap, has recently employed Kahina Van Dyke as the new senior vice president of business and corporate development, according an official statement July 11. At the new position Van Dyke will be responsible for providing Ripple with strategic partnerships for international financial services, focusing on the development of “a new ...

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This German Bank Offers Corporate Bank Accounts to EU Crypto Firms

Blockchain and cryptocurrency firms long used to being shunned by traditional financial institutions in the European Union can now breathe a sigh of relief. Berlin, Germany-based solarisBank has received the licenses necessary to offer business banking accounts to Blockchain and cryptocurrency firms operating in the European Economic Area. Companies in the space can consequently open a ‘Blockchain Company Account’ using ...

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SEC Director of Corporate Finance: Ether Is Not a Security

In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security. “… based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and ...

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Russian Gov’t, Corporate Giants Form Joint Venture to Develop in Blockchain, IoT

Multiple Russian corporate giants, including state-owned Gazprombank, have created a joint venture that plans to develop projects in blockchain and the digital economy, local news outlet TASS reported June 9. Russian telecom company MegaFon, Gazprombank, government corporation Rostec, and the USM Group have created a joint venture – referred to as MF Technologies (MFT) – that is worth $450 mln ...

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US Crypto Exchange Signs Agreement to Offer Fiat-Crypto Trading to Corporate Clients

Seattle-based crypto exchange Bittrex has signed a banking agreement that will allow corporate investors to trade selected cryptocurrencies for fiat, Bloomberg reports today, May 31. Bittrex, which supports over 200 cryptocurrencies and reportedly has over 3 mln customers worldwide, will cooperate with New-York based Signature Bank to launch fiat trading for Bitcoin (BTC), Tether and TrueUSD. Speaking of the new ...

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