Vontobel, a Swiss investment bank, has designed the first Digital Asset Vault, or in simpler words - the first regulated cryptocurrency custody solution. Wealth managers, asset managers and banks will now be able to transact with their clients' money, i.e. deposit, buy and sell cryptocurrencies in a new end-to-end Digital Asset Vault. According to the…
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The major reason why many countries have stayed away from Bitcoin is that the Satoshi currency can be used for illegal activities such as money laundering, terrorist financing, etc. Because of its renowned "anonymity" feature through the power of blockchain, Bitcoin has often been taunted as the "terrorist money". Another way to use Bitcoin illegally…
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Cyprus financial regulator CySEC has just made an announcement regarding several unregulated websites. The unregulated entities can be seen below: www.worldtrustinvest.com www.eurotradeinvestmentsrgb.com Coinoptionstrade.com The websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 15, 2019. Highlights include: Institutional Crypto Adoption: Things are moving forward as seen with Wall Street backed service Bakkt, who yesterday announced they’ve acquired Rosenthal Collins Group. Global Tax Cuts: Stocks are up on…
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The digital asset exchange OKCoin exchange has just announced that it has added Tron (TRX) as a new listing, starting today. Authorized OKCoin clients can now exchange US dollars or Argentine pesos for TRX, or acquire TRX by pairing it with cryptocurrencies including Bitcoin, Ethereum, XRP, Cardano, Lumens, Zcash, 0x and others. The current price…
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LiquidityBook, the Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has just announced that 2018 has been a record year for the company. Highlights include: Total revenues were up by more than 20% YoY in 2018. Several key senior hires were made in 2018, including Ryan Canfield and Matthew Howard. LiquidityBook signed more than 20…
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Recent news headlines report that police have made another arrest in connection with a $70 million Initial Coin Offering (ICO) scam in India. This scandal is unfolding at the same time that an inter-ministerial committee reviews current policy directions related to cryptocurrencies. Currently, a quasi-ban exists that is being administered by the Reserve Bank of…
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Dukascopy Bank SA has announced that its Dukascoin's website www.dukascoin.com is now on-line. Clients will now be able to find general information about the project, up-to-date news, as well as download the first official release of the Dukascoin White Paper. LeapRate reminds that the ICO of Dukascoins/Dukasnotes has been a subject to a green light…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Axiom Equity Research Corporation (not to be confused with AxiomSL). Axiom Equity Research Corporation is not authorised by the FCA but has been targeting people in…
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Copenhagen based Retail FX broker Saxo Bank has just announced that it has appointed Joanne Page as its new CFO. Page has joined Saxo Capital Markets UK in December 2018. She succeeds Diya Patel, who has left Saxo to pursue new opportunities, as a Saxo spokesperson noted. Patel has been Saxo's CFO since October 2016. Prior to Saxo,…
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