Tagged: cryptoassets

Cryptoasset-to-USD Lender BlockFi Announces Inaugural Block Trade for Ethereum Futures on CME

Cryptoasset-to-USD lender BlockFi recently announced with CMT Digital that the companies have been cleared for what it claims to be the first-ever block trade for Ethereum futures on the CME, facilitated by ED&F Man Capital Markets Inc. According to BlockFi, CME also offers Bitcoin futures, which… Read More

France: AMF Chairman Embraces EC Move to Regulate Crypto Assets, “Potential gains to be expected from DLT can be significant”

Speaking about the ongoing digital transformation of financial services the Chairman of the French Autorité des Marchés Financiers (AMF), Robert Ophèle, commented on the emergence of crypto assets (digital assets) for both non-securities and securities. Ophèle first noted the ongoing COVID health crisis has helped… Read More

HM Treasury Kicks Off Consultation on Cryptoassets and Stablecoins

At the end of last week, HM Treasury published a consultation on cryptoassets (digital assets) and stablecoins. An earlier consultation on cryptoasset promotions concluded on 26 October with results expected soon. The consultation is said to be the first stage in the government’s process concerning… Read More

Danger! UK Financial Conduct Authority Tells Consumers Investing in Crypto Could Lead to Total Loss of Money

The UK Financial Conduct Authority has issued a statement on the risk of investing in cryptocurrency during a time when Bitcoin has hit all-time highs before backing off by over 15% erasing billions in gains. The FCA states: “The FCA is aware that some firms… Read More

UK Financial Conduct Authority Bans Crypto Derivatives for Retail Investors

The UK Financial Conduct Authority (FCA) has instituted a ban on the sale of crypto derivatives and exchange-traded notes (ETNs) that reference cryptoassets for retail investors, according to a note distributed by the regulator. The ban goes into effect on January 6, 2021. The decision… Read More

Rapid Rise: UK FCA Reports a 1.1 Million INCREASE in Cryptoasset Purchases in One Year

The UK is experiencing growing interest in cryptoassets, according to the UK Financial Conduct Authority (FCA). The research by the FCA states that 2.6 million UK consumers have purchased digital assets showing a dramatic 1.1 million increase since research completed by the FCA last year…. Read More

UK Jurisdiction Taskforce Issues Statement on Status of Cryptoassets and Smart Contracts

A UK Jurisdiction Taskforce (UKJT) has published a document entitled “Legal Statement on cryptoassets and smart contracts.” The members of this Taskforce include a blend of both public and private entity participants. The UK has established itself as the leading jurisdiction when it comes to… Read More

Interview: CoolBitX Founder and CEO Michael Ou on What’s Happening in Wallets, Blockchain & Cryptoassets

In mid-March, Taiwan-based blockchain security company CoolBitX, creator of CoolWallet S, a Bluetooth mobile hardware wallet for digital assets, has created a tech partnership with the Asia Blockchain and Crypto Association (ABACA), the appointed Self-Regulatory Organization (SRO) of the Philippine government agency Cagayan Economic Zone Authority… Read More

eToro Announces Addition of Tron’s TRX Cryptoasset

eToro, announced on Monday it has added Tron’s TRX token to its global investment platform. eToro reported that this brings the total number of cryptoassets available on its platform to 15. According to eToro, Tron is an ambitious, multi-faceted project seeking to “decentralise the internet.”… Read More

BlockFi’s Interest Account Goes Live; Now Offering 6.2% Compounding Interest to Crypto Holders

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Cryptoasset-to-USD lender BlockFi announced on Monday the launch of its new program, BlockFi Interest Account (BIA). According to BlockFi, BIA allows users to securely store their Bitcoin or Ether on the BlockFi platform and receive 6% annual interest, paid monthly in cryptocurrency. It was revealed:… Read More

Cryptoasset Platform (and Coinhouse Parent Company) Arizen Receives First French CIF License

Nicolas Louvet

Last December distributed ledger technology was presented to and approved by the Council of Ministers in France with the caveat that Blockchain may not be used for listed securities as this sector is governed by EU law. The aim was to improve the industry’s transparency, authentication… Read More

Crypto News: Rene van Kesteren Joins Team BlockFi from BOA

What began as an advising board position developed into job opportunity for former BOA Merrill Lynch Managing Director of Equity Markets Rene van Kesteren, who joined BlockFi as its new Chief Risk Officer. BlockFi, based in New York City, serves crypto investors by offering USD loans… Read More

Behave Yourself! Global Digital Finance Simon Taylor Develops Cryptoassets Code Conduct, Enlists OECD’s Expertise

Step in line, crypto platforms. Global Digital Finance (GDF) has launched to drive a code of conduct for cryptoassets. Non-profit GDF has convened key stakeholders to develop a global code of conduct and a taxonomy for cryptoassets, comprised of global distributed ledger and cryptoasset space… Read More

Secured Lender BlockFi Secures $1.55M Funding to Build Cryptoasset Ecosystem

BlockFi, a New York-based non-bank lender that offers USD loans to cryptoasset owners, announced a $1.55 million raise from ConsenSys Ventures, Kenetic Capital, PJC, SoFi,  Purple Arch Ventures and Lumenary. The new capital injection will be used to bridge the gap between traditional debt capital markets and… Read More

Send this to a friend