The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR) today issued a joint staff advisory that gives exchanges and clearinghouses registered with the CFTC guidance for listing virtual currency derivative products. The CFTC staff is committed to providing regulatory clarity as much as possible,” said DMO…
Read moreAfter Goldman Sachs and Circle announced the launch of their own cryptocurrency, now another financial services giant is getting ready to launch their own digital currency by next year. The Japanese Mitsubishi UFJ Financial Group (MUFG) is said to launch the digital asset by next year. The coin, called MUFG Coin, will be launched with…
Read moreFirmo, the company bringing financial contracts to the blockchain, just announced that it has launched its contract engine and simple domain-specific language. The simplicity of Firmo’s domain specific language opens the door for people without coding skills, to create safe and secure financial contracts on the blockchain. The Firmo Protocol, acting as an interface, provides…
Read moreNew Bitcoin and cryptocurrency platform, Bitcoin.live, has today announced its global launch date. The educational platform will be live from 4th June. Catering to all cryptocurrency traders, as well as those with little to no experience, the educational platform will provide subscribers the opportunity to understand and learn tricks and tips on crypto trading. Insight…
Read moreThe Ontario Securities Commission (OSC) has warned investors about BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc. These firms appear to be involved in schemes that target Ontario investors and encourage them to trade or invest in cryptocurrencies. BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc. are not registered in Ontario…
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LMAX Exchange Group, which operates a leading FCA regulated trading venue and has become one of the leading liquidity providers to FX brokers worldwide, has announced the launch of the first physical crypto currency exchange dedicated to serving only institutional clients. David Mercer, CEO of LMAX Exchange said: We are furthering the legitimisation of the…
Read moreCommerzbank, supported by SAP, announced that it has successfully completed an end-to-end integration between SAP S/4HANA business processes and R3’s Corda blockchain platform. This is the first step toward enhancing the supply chain network of corporate clients to offer more efficient access to trade and supply chain finance services. This solution has the potential for…
Read moreRoboForex, the Belize-based unit of the Retail FX brokerage group, has announced that it is introducing an opportunity for clients to buy Bitcoin (BTC) for fiat money. RoboForex stated that this innovation will allow the company’s clients to buy BTC, perform trading operations with this asset, and convert the cryptocurrency back to fiat money. Along with…
Read moreAfter Goldman Sachs came down with its own cryptocurrency (Circle USD Coin - through its startup, Circle), now the next digital asset tied to another fiat currency is coming to life. The idea of "stablecoins", or digital currencies whose value is pegged to a fiat currency is a rather innovative idea, one that some argue…
Read moreLetter of Credit transaction facilitated bulk shipment of soybeans for Cargill HSBC Holdings plc (NYSE:HSBC) and ING Bank just anounced that they have successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform. The blockchain transaction involved a bulk shipment of soybeans from Argentina, through Geneva’s…
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