Telegram & Wirecard Cooperate On Blockchain Payment Solution
Telegram and Wirecard are cooperating to create a common blockchain project. Wirecard announced this cooperation in a press release (German) today. The German company revealed that it is working together with TON Labs. The developers of Telegrams Open Network (TON). The blockchain will serve as a common platform for digital finance services. Wirecard is a German digital payment service and Telegram is an originally Russian instant messaging platform. Telegram announced to launch an ICO in 2018. However, the company called it off. The new partnership looks like GRAM will not become an issue anymore in the near future.
French Deputies Amend Insurance Contracts Laws To Allow Firms To Invest In Cryptos
French Deputies have amended the Insurance Code on the PACTE (Plan d’action pour la croissance et la transformation des entreprises) Act of France’s laws. This is now opening a door for Insurance contracts to have a wide range of investments options for long term capital gains. According to Attorney Emilien Bernard-Alzias from Simmons & Simmons Law firm, the local firms will be able to invest in specialized professional funds (SPFs) that include Digital Assets. Hence, France-based Insurance Life underwriters will be able to include Cryptos as investments assets in life insurance contracts.
Corporate Traveller – UK’s Biggest Travel Agency Accepts Bitcoin
Corporate Traveller, the biggest travel company in the UK, announced to accept Bitcoin (BTC), according to a press release from yesterday. To be able to accept BTC as a payment method the British company partnered with Bitpay.
London Stock Exchange Approves Security Tokens Trading For 20|30 Firm
The London Stock Exchange has approved the trading of tokenized shares worth 3 million GBP belonging to a fintech firm known as 20|30. This is the first type of Blockchain-based stocks to trade on a stock exchange.
The LSE is one of the most reputable and largest stock exchanges that have an immense influence on the global stock markets. Founded in 1571, it is also one of the oldest and therefore, the approval of the trading is a historical turning point for both Cryptos and traditional stock markets.