Category: Cryptocurrency

September 13, 2018 BY Mariela Naydenova

Morgan Stanley is "thinking" of a Bitcoin derivative product

After Goldman Sachs was said to launch a cryptocurrency trading desk this summer, which did not happen, now, another major US investment bank is on the "hunt" for creating a Bitcoin derivative product. Morgan Stanley is rumoured to be eyeing price return swaps that are actually tied to the "people's currency". As the price return…

Read more
September 12, 2018 BY Valentina Kirilova

FINRA takes its first-ever disciplinary action involving cryptocurrencies

FINRA has just announced that it filed a complaint against Timothy Tilton Ayre of Agawam, Massachusetts, charging him with securities fraud and the unlawful distribution of an unregistered cryptocurrency security called HempCoin. This case represents FINRA’s first disciplinary action involving cryptocurrencies. In the complaint, FINRA alleges that, from January 2013 through October 2016, Ayre attempted…

Read more
September 11, 2018 BY Mariela Naydenova

One of the strictest regulators just approved two stablecoins

The financial industry has not made up its mind when it comes to cryptocurrency regulation. However, one of the strictest regulators in the United States, The New York Department of Financial Services (NYDFS) has approved the launch of two stablecoins, both pegged to the US Dollar. The investors behind the project are the Winklevoss brothers,…

Read more
cryptocurrencies
September 11, 2018 BY Valentina Kirilova

Blackmoon launches Prime Meridian Capital Token

BBlockchain FinTech company Blackmoon has announced the release of its Prime Meridian Capital token (BMxPMR). The BMxPMR token aims to bridge the gap between traditional and crypto investments through the inclusion of high portfolio transparency, flexible monthly liquidity, and audited fund structure. Available on the Blackmoon Platform Showcase, the BMxPMR token is an asset token…

Read more
Huobi Group announces Indonesia expansion
September 10, 2018 BY Valentina Kirilova

Huobi Group announces Indonesia expansion

Huobi Group, the global blockchain asset financial service provider, has announced its plan to expand into Indonesia. The new exchange will list 123 tokens and incorporate a two-factor authentication (2FA) to help secure each digital asset. The Huobi Indonesia Digital Currency Exchange is built on Huobi Cloud platform and will cover Indonesia, while serving the…

Read more
Advanced Blockchain AG announce investment in WOM Token
September 07, 2018 BY Valentina Kirilova

Advanced Blockchain AG announce investment in WOM Token

Advanced Blockchain AG has just announced its investment in WOM (Word of Mouth) Token. Established in 2018, WOM Token Ltd. is building a blockchain-based protocol that gives brands, content creators, publishers and social networks a way to monetize word-of-mouth recommendation content without any one central party exclusively profiting from the collective value created. WOM or…

Read more
INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets
September 07, 2018 BY Valentina Kirilova

Digital Asset Custody Company announces secure custody solutions for Horizen and Zcash

Digital Asset Custody Company (DACC), a custody solution, purpose-built for institutional investors holding digital assets, has announced that it is able to provide custody support for Zcash, a cryptocurrency designed to enhance privacy in financial services. DACC is also the first third-party custody solution to support Horizen (formerly ZenCash), a token that allows users to…

Read more
TechFinancials rocket
September 07, 2018 BY Valentina Kirilova

COSIMO Ventures launches COSIMO X tokenized VC fund

COSIMO Ventures, a global venture capital (VC) firm, announced the launch of COSIMO X: an evergreen, tokenized VC fund focusing on early stage deep tech companies with a particular concentration on blockchain technology, spanning industries such as artificial intelligence, AR/VR, IoT, and cybersecurity. COSIMO X is structured to provide enhanced liquidity for investors along with…

Read more