DTCC comments on ESMA’s blockchain discussion paper

The Depository Trust & Clearing Corporation (DTCC) has submitted comments to the European Securities & Market Association (ESMA) in response to the discussion paper on blockchain technology issued by ESMA in June. Robert Palatnick, DTCC Managing Director and Chief Technology Architect, said that they look forward to engaging with ESMA and joining efforts to identify the practical, operational and institutional effects DLT will have on the financial services industry.

No likelihood of blockchain revolution occurring any time soon, says Bank of England

Speaking at the CREST Twentieth Anniversary Conference, London, Andrew Hauser, the BoE’s executive director, banking, payments and financial resilience, has reiterated the central bank’s view on distributed ledger technology, saying that blockchain revolution is unlikely to happen anytime soon.

Bitcoin is money in JPMorgan hacking case, rules US judge

In a recent ruling on a criminal case over the hacking attacks against JPMorgan Chase & Co and other companies, a federal judge in New York stated that digital currency bitcoin qualifies as money.

Cryptocurrency exchange Poloniex to temporarily suspend services in New Hampshire

In a recently issued notice, cryptocurrency exchange Poloniex has announced that it will temporarily suspend its services in New Hampshire on October 6, due to changes in regulatory statute. The exchange noted as this is a nascent industry, these types of service disruptions may not be entirely avoidable as the regulations around it evolve gradually.

Caricoin and Bank of Jamaica work together to launch first licensed bitcoin exchange

Bitcoin wallet Caricoin Ltd. that launched its first mobile money wallet to Caribbean users in June, has announced that it is in talks with Bank of Jamaica (BOJ) in order to set up first licensed bitcoin exchange in Jamaica.

Third party Monero wallets vulnerable to theft

A major vulnerability has been recently identified which can compromise Monero wallets. Cybersecurity company MWR Labs has issued an advisory in an online post that states: “A Cross Site Request Forgery [CSRF] vulnerability was discovered in Monero Simplewallet that could give attackers the ability to remotely steal Monero from users running vulnerable wallets. Monero users must take action and update wallets to protect themselves against this attack”.

Digital Currency/Blockchain research studies:

Asset Managers expect to expand blockchain use in five years: Survey

Blockchain technology unlikely to prove sufficiently mature to form the core of next generation of RTGS: Bank of England

Conferences/ Events:

Innovative Tasmania Awards 2016 nominates Australian bitcoin firm

Important deals, partnerships, and more:

Chinese insurance giant partners with ConsenSys and BlockApps to build blockchain loyalty reward system

Digital Asset, SIX Securities Services partner to bring blockchain to Swiss financial market

Microsoft releases early version of blockchain infrastructure project Bletchley

Chamber of Digital Commerce adds consulting firm Wipfli

R3, Axoni and others build blockchain prototype for financial reference data management

PeerNova and State Street join to improve investment tracking using blockchain

Kynetix, Imperial College London team up to develop commodity-specific blockchain operating model

Broadridge acquires technology assets of Inveshare to develop proxy blockchain applications

New blockchain research alliance establishes in Shanghai