Category: Cryptocurrency

WFE started developing common taxonomy on stablecoins
July 22, 2020 BY Steffy Bogdanova

WFE calls for common regulatory classification of stablecoins

WFE has expressed its belief that regulators should cooperate to share information on global stablecoing and crypto-assets and issues on the trading platforms. To address customer protection and market integrity, a formalised co-ordinated approaches to enforcement and oversight in general need to be developed. Nandini Sukumar, Chief Executive Officer of the WFE said: We support…

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Banque de France shares list of partners with which it will build a central bank digital currency
July 22, 2020 BY Steffy Bogdanova

Banque de France will build a central bank digital currency in partnership with Soc Gen, HSBC and six other partners

The conclusions and results from these experiments will directly contribute to the more global reflection conducted by the Eurosystem on the value of a central bank digital currency. Todd McDonald, Chief Product Officer at R3, said: The digital Euro project is a unique and ambitious undertaking. The Euro was a major innovation itself, so it…

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Major Twitter hack hits US politicians, celebrities and companies as part of a bitcoin scam
July 17, 2020 BY Steffy Bogdanova

Major Twitter attack hits US politicians, celebrities and companies as part of a bitcoin scam

CEO Jack Dorsey tweeted on Wednesday: Tough day for us at Twitter. We all feel terrible this happened. We're diagnosing and will share everything we can when we have a more complete understanding of exactly what happened. Twitter took steps to verify accounts and blocked users from tweeting bitcoin wallet addresses temporarily. CryptoForHealth.com website was…

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Gate.io
July 14, 2020 BY Steffy Bogdanova

Digital asset exchange Gate.io launches Options trading feature

Tatibouet continued: Our users can head over to ‘Short-term Options’ under ‘Derivatives’ on the website to start trading Options. The handling fee for Options is flat 0.05%, which is one of the lowest in the market, and there are no other hidden costs associated. The company stated that the BTC/USDT options trading is only available…

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July 09, 2020 BY Steffy Bogdanova

dxFeed and Lukka team up to deliver institutional-grade crypto data to traditional finance

Robert Materazzi, Co-CEO of Lukka said: We are thrilled to partner with a global data leader such as dxFeed to redistribute Lukka’s data products as the traditional financial services world intersects with the digital assets industry. As businesses and investors continue to evaluate and grow their trading and investing to include digital assets, we’re focused…

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July 07, 2020 BY Steffy Bogdanova

Crypto Facilities secures MTF license in the UK

Jesse Powell, CEO and Cofounder of Kraken said: We undergo these licensing efforts because Kraken is about making crypto accessible for everyone. This particular license means that a sophisticated class of investors, limited by their own requirements to interface with a regulated venue such as an MTF, will now have access to crypto derivatives in…

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July 01, 2020 BY Valentina Kirilova

Crypto markets between a rock and a hard place

A number of ideas have been offered for the way these two markets have moved in lockstep. Some analysts have borrowed the explanation given for gold’s route that occurred at roughly the same time. The idea was that equity traders chose to take profits in these other assets that performed well into 2020 in order…

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FSRA grants DEX regulatory approval in the Abu Dhabi Global Market
June 30, 2020 BY Steffy Bogdanova

FSRA grants DEX regulatory approval in the Abu Dhabi Global Market

DEX CEO Leon Smith commented: At DEX, our goal is to provide investors with a digital assets platform that delivers a best-in-class, fully regulated trading experience. For us, that means ensuring confidence through robust regulation, transparency and security. The ADGM's rigorous and progressive approach to digital asset regulation provides the strongest possible foundations for launching…

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SEC acts against 11 firms neglecting electronic communications
June 29, 2020 BY Steffy Bogdanova

Telegram agrees to pay over $1.2 billion in settlement over its digital token Grams

Lara Shalov Mehraban, Associate Regional Director of the New York Regional Office commented: Our emergency action protected retail investors from Telegram's attempt to flood the markets with securities sold in an unregistered offering without providing full disclosures concerning their project. The remedies we obtained provide significant relief to investors and protect retail investors from future…

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KPMG unveils institutional crypto management platform KPMG Chain Fusion
June 26, 2020 BY Steffy Bogdanova

KPMG unveils institutional crypto management platform KPMG Chain Fusion

KPMG Chain Fusion’s goal is to support companies to achieve smooth adoption of crypto business capabilities and enable them with technology products for data, custody and infrastructure. The platform allows organizations to overcome challenges such as cryptographic proof of assets under custody, deployment and integration of custody capabilities like multi-party computational crypto asset wallets and…

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