Tagged: digital assets

November 14, 2019 @ 9:44 am By Omar Faridi  |  

Ledger, the developer of security and infrastructure solutions for crypto-assets, announced on November 14 that it had acquired a crime insurance policy that covers digital assets. According to a press release shared with Crowdfund Insider, users’ assets will be secured by the Ledger Vault platform…. Read More

November 8, 2019 @ 7:44 am By Omar Faridi  |  

Shares of San Diego-based Silvergate Bank, a leading bank for innovative businesses in Fintech and cryptocurrency, are now available for trading on the New York Stock Exchange (NYSE:SI). Silvergate Capital (NYSE:SI) a California-headquartered commercial bank currently focused on crypto-related businesses, has now been officially listed on… Read More

November 3, 2019 @ 6:14 pm By Omar Faridi  |  

We recently caught up with Dr. Joshua Ellul, chairman of Malta Digital Innovation Authority and director of centre for DLTs at the University of Malta. Last month, the island country of Malta introduced a Masters in Blockchain and Distributed Ledger Technology program. The crypto-friendly jurisdiction… Read More

October 29, 2019 @ 8:05 am By Omar Faridi  |  

Atlanta-based Bakkt, a digital asset trading desk launched by Intercontinental Exchange (NYSE:ICE), the owner of the $22.9 trillion New York Stock Exchange (NYSE), is preparing to release a consumer-facing application to help retail consumers conduct crypto transactions, the company revealed on October 28. According to… Read More

October 29, 2019 @ 7:08 am By Omar Faridi  |  

Singapore-based crypto exchange Huobi’s Japan division has reportedly received nearly 500 million yen (appr. $4.6 million) in funding from a major Tokyo-listed firm focused on several areas including leasing, real estate, insurance brokerage and mergers and acquisitions (M&A). As noted in Huobi’s press release, the… Read More

October 28, 2019 @ 7:55 am By Omar Faridi  |  

The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has prepared a  draft of a resolution on regulating digital assets, which aims to offer more clarity for cryptocurrency-related initiatives in the Middle Eastern country. Comments are being accepted until October 29, 2019. With the… Read More

October 27, 2019 @ 11:18 am By Omar Faridi  |  

Individuals and organizations that use digital cryptocurrencies must begin reporting capital gains, and comply with regulatory guidelines. Firms must also implement appropriate auditing and accounting procedures for crypto assets and report such transactions to tax authorities.  On October 9, the Internal Revenue Service IRS released… Read More

October 22, 2019 @ 11:45 pm By Omar Faridi  |  

Brave New Coin (BNC), a provider of cryptocurrency market data, announced on October 22 that digital asset trading platform INX, will utilize BNC’s crypto indices during the first security token sale registered with the US Securities and Exchange Commission (SEC).  BNC’s  Bitcoin Liquid Index (BLX)… Read More

October 20, 2019 @ 6:20 pm By Omar Faridi  |  

The Financial Action Task Force (FATF) stated on October 18 that stablecoins pose a money laundering and a terrorism financing threat to the world. The intergovernmental organization considers cryptocurrencies to be a “major strategic initiative.” In documents published following its latest meeting, the FATF noted… Read More

October 7, 2019 @ 7:30 am By Omar Faridi  |  

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), has released an updated regulatory framework for digital asset fund managers. The SFC posted the guidelines on its official website on October 4. SFC’s 37-page document, titled “Proforma Terms and Conditions for Licensed Corporations which… Read More

October 4, 2019 @ 8:19 am By Samantha Hurst  |  

OKEx, a Malta-based digital assets exchange, announced on Friday the launch of its new initiative to create a Self-Regulated Organization (SRO) aimed at standardizing cryptocurrency exchange practices and policies. The initiative was announced at the DELTA Summit by Enzo Villani, a former Nasdaq executive who joined… Read More

September 19, 2019 @ 8:39 am By Samantha Hurst  |  

Itiviti, a technology and service provider to financial institutions worldwide, announced on Thursday it has formed a partnership with Seed CX, an institutional exchange and settlement platform for digital assets to allow traditional institutional firms currently utilizing Itiviti’s NYFIX network to have access Seed CX’s… Read More

September 10, 2019 @ 2:09 pm By Samantha Hurst  |  

Gemini Trust Company, a U.S.-based cryptocurrency exchange and custodian, announced on Tuesday the launch of its new institutional-grade crypto custody solution, Gemini Custody. Gemini reported that the solution was built from the ground up to meet the “complex and high-stakes” need of modern financial institutions…. Read More

August 30, 2019 @ 2:46 pm By Samantha Hurst  |  

Global digital asset exchange OKCoin, along with OK Group, announced on Friday it has appointed Hong Fang as Chairman of OKCoin and Chief Operating Officer of OK Group. According to OKCoin, Fang is a former Goldman Sachs banker, as well as an early investor in… Read More

July 26, 2019 @ 11:26 pm By Samantha Hurst  |  

OKEx, a Malta-based digital assets exchange, announced earlier this week has donated $4.5 million worth of Bitcoin to its perpetual swap market insurance fund to encourage customer confidence in trading cryptocurrencies. OKEx reported that last year it introduced perpetual swap trading along with the new… Read More

June 9, 2019 @ 9:30 pm By Samantha Hurst  |  

Bittrex announced on Friday certain markets on its digital asset platform will no longer be accessible to its U.S.-based users starting June 21st. The markets are the following: ADT CMCT GO MFT QRL XEL AMP DNT GTO MOBI QTUM XNK BAY DTA HYDRO NLC2 RFR… Read More

May 17, 2019 @ 7:39 am By Samantha Hurst  |  

Digital assets platform Bittrex announced earlier this week it has teamed up with Vodi X to host an upcoming Initial Exchange Offering (IEO) for Vodi X tokens. According to the duo, this IEO will officially stat on May 21st will be open fo 24 hours…. Read More

May 16, 2019 @ 9:13 am By Samantha Hurst  |  

BlockQuake, an upcoming U.S.-based digital asset exchange and marketplace, is reportedly aiming to launch in June 2019. Antonio Brasse, Co-Founder and CEO of BlockQuake revealed the exciting news on Twitter earlier this week.  Founded in 2018, BlockQuake describes itself as a fintech company that is… Read More

March 25, 2019 @ 3:38 pm By Samantha Hurst  |  

trueDigital Holdings, LLC, a global provider of financial infrastructure technologies and products for the digital economy, announced on Monday it has signed new distribution deals with Kaiko and Inca Digital Securities (Inca) to expand distribution of its over-the-counter (OTC) reference rates for Bitcoin and Ether to investors worldwide.  trueDigital… Read More

March 15, 2019 @ 9:35 am By Samantha Hurst  |  

Upbit, a digital asset exchange based in South Korea, announced on Friday it is now listing Crypto.com Chain Token (CRO). According to Upbit, the Crypto.com Chain is a high-performing public blockchain powering Crypto.com Pay, which allows customers to pay for goods and services with cryptocurrency… Read More