Lamborghini authenticates its cars on the blockhain using Salesforce

The Singapore Monetary Authority approves crypto derivatives

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1 South African bank FNB closes local crypto exchange accounts

2 Lamborghini authenticates its cars on the blockhain

3 Gemini makes the first purchase – Nifty Gateway

The Monetary Authority of Singapore (MAS) has announced that it is agreeing to trade crypto-derivatives on local exchanges. The proposal is that they be regulated in accordance with the existing securities and futures law.

“The MAS proposal will allow regulated exchanges in Singapore to meet investors’ need to manage their exposure to payment tokens while bringing regulatory activity to regulatory authorities,”

is mentioned in the official declaration.

Singapore Exchange Derivatives Trading Ltd., a local unit of ICE and Asia Pacific Exchange, is among the platforms licensed by MAS that can now list crypto derivatives.

South African bank FNB closes local crypto exchange accounts

One of the largest banks in South Africa, FirstRand Bank, has announced it will close crypto exchange accounts. The decision was justified by the lack of regulation of cryptocurrencies in the country.

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In its official statement, the ETF said it would re-evaluate the decision with the implementation of legislative policies for the crypto industry in South Africa

Popular crypto trading service Luno confirmed that FNB will close its accounts in the first part of 2020. Also, VALR, another South African crypto exchange platform, said the FNB’s decision will not adversely affect its operations.

Bitcoin is very popular in South Africa due to the fact that it is not very regulated in the country. Data from Google Trends shows that South Africa is in second place in the global interest in cryptocurrencies.

Lamborghini authenticates its cars on the blockhain

The car manufacturer Lamborghini authenticates its cars on the blockhain. Announced that it will use the Salesforce Blockchain platform. It is about managing the certification information of the cars that are resold.

Currently, the process is very complex and takes a long time, as it involves more than 800 tests carried out by many collaborators. By using blockchain technology, all information about a particular machine is stored in an immutable registry. This will include data on previous owners, as well as all changes and repairs performed.

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The Salesforce Blockchain service was launched in May and is dedicated to companies that want to implement this technology. To date, he is a research fellow at Arizona State University, the health research firm IQVIA and S&P Global Ratings.

Gemini makes the first purchase – Nifty Gateway

Gemini company founded by brothers Tyler and Cameron Winklevoss made the first acquisition – Nifty Gateway, founded by the Foster twins.

Nifty Gateway allows users to purchase non-fungible tokens (NFTs) from crypto games such as CryptoKitties and Gods Unchained using credit and debit cards.

“Non-fungible tokens and collectible digital goods will play a major role in the next era of the digital economy. They are perfect form for trading art objects and other unique products, which makes them an essential element for the emergence of new billion-dollar industries. “

said Tyler Winklevoss, Gemini’s CEO.