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Crypto News From the Spanish-Speaking World: Oct. 13–19 in Review

Local News The Spanish-speaking world has seen another week of major cryptocurrency and blockchain developments with the Mexican government announcing a new alliance to support the development of blockchain initiatives. Here is the past week of crypto and blockchain news in review, as originally r..

How Can EEA’s Reward Token System Help Banks Motivate Their Employees?

Analysis Enterprise Ethereum Alliance (EEA) created a token system to encourage the active contribution of member organizations and their employees to the consortium, as reported by Cointelegraph on Oct. 8. The tokens are powered by the EEA’s Off-chain Trusted Compute Specification and is said to ..

Kik Messaging App Now Has New Owner, Will Continue Work on Kin Token

News MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab sees the long-term potential of Kik and Kin tokenOn Oct. 18, in a blog post to the millions of members of the Kik community, MediaLab announced that ..

Burj Khalifa Developer Emaar to Launch Tradeable Reward Token EMR

News Dubai-based real estate giant Emaar Properties has released its new blockchain token-based referral and loyalty platform. Real monetary valueEmaar, which developed the world’s tallest building, the Burj Khalifa, as well as the Dubai Mall, is planning to launch the EMR token for rewarding its ..

UN Partners With NGO to Tokenize Chocolate Bars for Equitable Trade

News The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers. According to an Oct. 17 report from SpringWise, the partners will launch a new chocolate bar, made with Ecuadorian-grown cocoa, tog..

NBA-China Scandal Crashes Nike Sneaker-Backed Crypto Token Price

News A now-viral post by a Chinese cryptocurrency trader has highlighted the stark drop in the price of American sneaker-backed tokens in the wake of the fallout between the NBA and China. As Reuters reports on Oct. 16, the anonymous trader’s Weibo post from earlier this month had shone a spotligh..

UAE Financial Watchdog Asks for Public Feedback on Crypto Regulation

News The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets. Seeking feedback from the industryAccording to an official statement from Oct. 15, the SCA will be collecting public feedback on the draft regulations until Oct. 29 be..

Kik Announces It’s ‘Here to Stay’ in Apparent Reversal of Fortunes

News Canadian social media and messaging app Kik has revealed it’s “here to stay,” in an apparent reversal of earlier plans to shut down amid legal difficulties. In an official tweet posted on Oct. 13, the company announced: “Great news: Kik is here to stay!!!!AND there’s some really exciting plan..

Report: Telegram’s ‘Force Majeure’ Clause Curbs Investor Compensation

News Telegram’s pledge to return money to investors in the event of a delay to the launch of its blockchain network may be superseded by a “force majeure” clause in its purchase agreement. As an Oct. 14 report from Russian media agency the Bell emphasizes, the force majeure clause — which encompas..

Thailand’s First Regulated ICO Portal Targets $98M Token Offering

News SE Digital, a subsidiary of major financial services firm Seamico Securities, has been confirmed as the first initial coin offering (ICO) portal operator to be approved by Thailand’s securities regulator. According to an Oct. 11 report from The Bangkok Post, SE Digital plans to launch Thailan..

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