Luxembourg Approves Blockchain Securities
The small European country of Luxembourg is looking to bring about changes to its financial system. The country’s parliament has just voted to set up a regulatory framework for blockchain securities. Bill 7363 aims to make the transfer of securities
Read MoreICE To Launch Bitcoin Futures Trading Platform In 2019
Intercontinental Exchange (ICE), the parent company behind the New York Stock Exchange, has been working on its bitcoin futures trading platform for some time now. ICE has plans to invest heavily into this new trading platform which will be called
Read MoreCan Cryptocurrencies Be A Global Reserve Asset?
Technologies keep evolving with time and bitcoin is no exception. The digital asset has seen a lot of development in the last couple of years and its value has gone up and down like a yo-yo in during the last
Read MorePennsylvania Crypto Exchanges Don’t Need Licenses
Pennsylvania’s crypto exchanges have one less thing to worry about. According to the Pennsylvania Department of Banking and Securities (DoBS), the Money Transmitter Act (MTA) does not cover crypto exchanges because virtual currencies are not considered as money in the
Read MoreWyoming Looks To Attract Crypto Businesses With New Law
One of the main stumbling blocks for cryptocurrencies is that it is an unregulated market in most parts of the world. The state of Wyoming is hoping to clear up that position within its jurisdiction by introducing a new bill
Read MoreBinance Targets EU & UK With fiat-to-crypto exchange
Binance has just launched a new fiat-to-crypto exchange that targets the EU and UK market. The world’s largest cryptocurrency exchange has decided to place its servers on the island of Jersey, which is a British self-governing dependency. Traders will be
Read MoreThailand Approves Four Crypto Exchange Licenses
Cryptocurrencies are making a big break in Thailand as the government has issued licenses to four crypto exchanges. This is a move that follows in Japan’s footsteps of properly regulating cryptocurrency exchanges. There were initially seven applicants but the Thai
Read MoreFCA To Investigate UK Businesses With Ties To Crypto
The UK’s Financial Conduct Authority (FCA) is taking a closer look into several companies that have been involved in cryptocurrency transactions. Concerns of higher market risks have spurred the UK regulator to ensure that all of these transactions were legal.
Read MoreWall Street Not As Keen On Bitcoin After 2018 Bloodbath
At the beginning of 2018, Bitcoin was riding high and Wall Street investors wanted a piece of the action. However, it seems the numerous delays that have prevented their entry into the cryptocurrency domain and the continued drop in bitcoin
Read MoreBitFinex Announces Margin Trading Options For Tether
Though the crypto-market has suffered throughout 2018, crypto exchanges are still rolling out new products for their customers. BitFinex, one of the world’s biggest exchanges, is planning to offer margin trading for Tether (USDT), a stablecoin. The pairing is USD/USDT
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