U.S.-based insurance company State Farm is testing a blockchain-based solution to speed up the subrogation process for auto claims, according to an announcement published Dec. 10. State Farm is a large group of insurance and financial services firms that provides auto insurance in the U.S.
Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related policies introduced throughout the country in the recent
A commissioner of the United States Securities and Exchange Commission (SEC) said ‘not to hold your breath’ waiting for a Bitcoin exchange-traded fund (ETF) at the Digital Asset Investment Forum held in Washington D.C. Dec. 5. Hester Peirce, dubbed “Crypto Mom” by the community for
Binance, the world’s largest crypto exchange by trading volumes, will launch its own blockchain “Binance Chain” in the “coming months,” as the company revealed in a tweet on Dec. 4. The new Binance-backed blockchain aims to provide a basis for creating new cryptocurrencies and Initial
American trading-communications firm IPC Systems has partnered with enterprise blockchain software consortium R3, according to a press release shared with Cointelegraph Dec. 3. IPC is a trading technology service company known for producing trading turrets, which are communications systems used by financial traders on their