At least two digital currency startups are planning to modernize and enhance the process of issuing and trading security tokens. According to the official report, this can be achieved by way of providing an all-in-one solution.
BitGo, a cryptocurrency security firm, is reportedly making good plans in order to facilitate insurance designed specifically for digital assets. The move is even cemented by providing about $100 million of cover against loss or theft of cryptographic keys through the Lloyd’s of London insurance market.
Indonesia is known to be among the very few countries in Asia that have entered the cryptocurrency space. In a recent report, the country’s financial watchdog has reportedly set out new regulations designed specifically for the trading of digital currencies on futures exchanges.
Rakuten, which is an e-commerce firm based in Japan, has recently announced a major update of its titular mobile app called Rakuten Pay. The update, in particular, is expected to be released come March this year. The announcement was made during the company’s 2018 earnings.
Rhombus, which is being backed by ConsenSys, is reportedly releasing new products specifically designed to help in connecting decentralized, ETH-based blockchain applications to real-world data. The announcement was made by the startup just recently this weekend.