Cryptocurrency Daily Roundup – Dec.4

A summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.

Aetna, Ascension Join Healthcare Blockchain Alliance

Synaptic Health Alliance, a blockchain-based alliance by healthcare companies, announced that Aetna, a CVS Health business, and Ascension joined their pilot project. The alliance aims to use blockchain technology to address healthcare provider data issues. It will ensure that the most current healthcare provider information is available in related directories.

U.K.-based mutual funds network Calastone to utilize blockchain

U.K.-based mutual funds Calastone is set to migrate its entire system to a blockchain-based network in May 2019 through its new Distributed Market Infrastructure (DMI). It will perhaps be the world’s first blockchain-powered global funds marketplace. The blockchain-powered DMI is expected to facilitate the trading, settlement and servicing of funds, as well as mitigate risk and costs for fund managers and investors.

Swiss Crypto Firms to get License to handle up to CHF100 Mln

Blockchain, Cryptocurrency startups in Switzerland can now apply for new “FinTech” license that would allow them to handle public deposits of up to 100 million Swiss francs or around $100 million, according to The Swiss Financial Market Supervisory Authority or FINMA. Starting from 2019, interested parties can apply with the authority for getting the license. The FinTech licence allows institutions to accept public deposits of up to 100 million francs, provided that these are not invested and no interest is paid on them.

Coinzoom granted digital currency exchange license in Australia

Australia’s financial regulator granted license to CoinZoom Australia to operate as a registered digital currency exchange. CoinZoom Australia is the subsidiary of U.S.-based cryptocurrency exchange, CoinZoom. The registration with the Australian Transaction Reports and Analysis Center (AUSTRAC) allows the firm to legally operate according to Australian law, and function as a cryptocurrency exchange that can accept and exchange fiat, digital assets, and any other cryptocurrency.

US Homeland Security Dept to probe Blockchain Transactions

The U.S. Department of Homeland Security (DHS) is gearing up to develop applications for blockchain forensic analytics to investigate blockchain transactions. Though it has the capability to address Bitcoin analytics, DHS is more interested in acquiring skills to analyze newer cryptocurrencies, such as Zcash and Monero , which have inbuilt anonymity and privacy protection.

Current Prices

As of this writing, Bitcoin is gaining 5.45 percent or $207.84 at $4017 on Coinbase. Ethereum is trading up 4.75 percent or $5.06 at $111.41.

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