Kirobo claims ‘retrievable’ crypto transaction solution

Meet Kirobo. The Israel-based startup claims its solution can retrieve cryptocurrency that has been sent to the wrong address.

The company aims to add an extra layer of logic to give users and crypto service providers new capabilities. Kirobo 'provides a unique code to every transaction that must be entered by the recipient in order to receive the transfer', the company notes. 'Until the right code has been provided by the recipient, the sender can retrieve the funds at any...

Switzerland wants to accommodate crypto within existing financial laws

The Swiss Government believes that its existing financial laws are compatible to deal with new technologies like the 21st century’s most talked about distributed ledger technology (DLT) – the blockchain. And that is why the country’s Federal Council recently issued a report that outlines a legal framework for distributed ledger technology (DLT) to be included in the current financial system.

In the report, the council has proposed an amendment to the country’s securities...