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Law Firm DLA Piper Launches Security Tokenization Platform TOKO

  • DLA Piper successfully completed the first tokenization project on TOKO, featuring a fine art piece.
  • The platform's transaction ordering will be utilized by deploying a Hyperledger Fabric network in the Microsoft Azure cloud environment, connecting to Hedera Hashgraph.

OneConnect To Provide Blockchain Infrastructure For Two Major China Ports

  • The new platform is expected to reduce cost transportation and customs declaration costs by 30%, while integrating a lot of new smart features.
  • OneConnect will ensure that logistics data cannot be traced, reducing risks of third-party intrusions.

DAiM First To Offer Company-Sponsored BTC Retirement Plans

  • The new retirement plans will include varying degrees of exposure to traditional assets, and will allow for the allocation of 10% to Bitcoin.
  • Companies interested in offering the new product to employees in 2021 need to put the plan in place by mid-December 2020.

Group Of 30 Japanese Firms To Experiment With Digital Currency

  • The group consists of Japan's three largest banks, various brokerages, telecommunication firms, utilities and retailers.
  • The goal of the group is to create a digital currency, which would use a common settlement platform.

PayPal’s Crypto Trading Option Is Now Available In The U.S.

  • PayPal users in the United States can now buy, sell, and hold BTC, ETH, BCH, and LTC on the payments giant's platform.
  • After the initial announcement of the service, Bitcoin's price has gone up by more than 30% in just three weeks.

Cayman Islands To Attract Crypto Businesses With New Regulatory Framework

  • Phase one of the new regulatory framework will focus on compliance with and enforcement of AML/CFT rules.
  • Phase two, expected to come into force in June 2021, will look into licensing requirements and "prudential supervision" for VASPs.

Huawei’s Newest Smartphone Will Come With Digital Yuan Wallet

  • The new Mate 40 line of smartphones will include an integrated hardware wallet, which will support China's CBDC.
  • The phones will come with "hardware-level security, controllable anonymous protection, and dual offline transactions".

KPMG Partners With Coin Metrics To Attract Institutions To Crypto & Blockchain

  • The Big Four firm will integrate Coin Metrics' institutional products with its own Chain Fusion suit of tools as part of the collaboration.
  • Among other things, the new solution will include the FARUM tools for managing risks in blockchain networks and ATLAS for collecting data.

Toyota Experimenting With Digital Currencies, Blockchain

  • The firm's IT arm is holding a large-scale crypto pilot involving 2,500 of its employees, which focuses on digital currency payments for benefits.
  • Once the trial is over, Toyota is expected to move on to another pilot, this time involving its supply chain and business-to-business transactions.

PayPal Partners With Paxos To Offer Crypto Payments In 2021

  • Through this partnership, PayPal was able to obtain a conditional license from the NYDFS, enabling its customers to buy and sell cryptocurrencies.
  • PayPal customers will also be able to use crypto to shop in any of its 26 million merchants around the globe, starting from early 2021.