Company News
Bank Mandiri, one of the largest Indonesian banks, has launched a new Customs Management service in collaboration with Wirecard. The service is a payment integration with the Indonesian DJBC, the Directorate General for Customs and Excise. It is anticipated to help corporate users execute customs and excise transactions. The service is accessible to the Banks’ […]Continue Reading
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Ex-Softbank executive Zurab Ashvil has launched L3COS, a three-layer blockchain for individual national governments. The top layer will be for governments, the second for business, and third for individuals. The governments will control the other two layers, including the issuance of digital assets. Each layer will have a separate consensus mechanism. L3COS mirrors the Continue Reading
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Karatbars, a German Cryptocurrency firm that sells “Cryptonized gold” tokens, has been ordered to stop operations by German government banking regulator BaFin, over allegations that it was running a pyramid scheme. BaFin issued a cease-and-desist order to Karatrbars parent firm Karatbit Foundation, which is registered in Belize. BaFin also asked the firm to settle all […]Continue Reading