Swiss Crypto Company Acquires License to Distribute Funds to Investors

Swiss Crypto Company Acquires License to Distribute Funds to Investors

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Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Contact…

Ripple Executive Elected to Lead Federal Reserve Task Force

Ripple Executive Elected to Lead Federal Reserve Task Force

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Business Development Head of Research for Ripple Labs, Ryan Zagone, has been elected to the Federal Reserve’s Faster Payments Task Force Steering Committee. The Steering Committee’s 16 members are designated to lead the 321 stakeholders that comprise the Task Force. In an effort to make American payments faster by 2020, the Faster Payments Task Force was…

Chip Maker Nvidia Adds Blockchain-AI Startup to Incubator

Chip Maker Nvidia Adds Blockchain-AI Startup to Incubator

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Nvidia is supporting a blockchain startup as part of its Inception Program, which seeks to support artificial intelligence development.

Etoro Is Launching an OTC Crypto Trading Desk for Institutions

Etoro Is Launching an OTC Crypto Trading Desk for Institutions

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While the major banks are taking their time with offering OTC crypto trading, new entrants to the space are stepping up to fill the void. Social investing platform Etoro, which focuses mainly on retail traders, is now expanding into the institutional segment with a new cryptocurrency offering. Also Read: This Week in Bitcoin: An End…

Charlie Lee Announces Schedule & Speaker List for Litecoin Summit

Charlie Lee Announces Schedule & Speaker List for Litecoin Summit

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Litecoin founder Charlie Lee has announced the release of the full schedule of the upcoming Litecoin Summit, which will see the Litecoin team, Lightning Labs, RSK Labs, and a range of industry experts and influencers meet in San Francisco to discuss the future of Litecoin. I'm excited for the first ever Litecoin Summit! We have…

Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

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Cryptocurrency markets are steadily coasting along after suffering from some volatile low swings last week. Over the past 24 hours, most cryptocurrencies are still in the red nurturing losses between 1-3 percent, and a few are in the green by a few percentages. At the time of publication, the price of bitcoin cash (BCH) is…

Led by Japan, Major Economies Set to Introduce Unified Cryptocurrency Regulations

Led by Japan, Major Economies Set to Introduce Unified Cryptocurrency Regulations

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International financial authority Financial Action Task Force (FATF) is expected to collaborate with Japan, the second largest cryptocurrency market behind the US, to introduce unified cryptocurrency regulations in the upcoming months. Japan Concerned With Anonymous Cryptocurrencies Last month, the Japanese Financial Services Agency (FSA) encouraged leading economies in the G20 to adopt unified policies regarding…

ShapeShift Co-Founder: US Crypto Regulation Worsening

ShapeShift Co-Founder: US Crypto Regulation Worsening

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The U.S. SEC and other government agencies are taking action to increase regulatory scrutiny of cryptocurrencies. At MoneyConf 2018 in Dublin, anonymous COO and co-founder of ShapeShift shared thoughts on the changing regulatory landscape of cryptocurrencies in the U.S. ShapeShift Hacked for 315 Bitcoin in 2016 Popular digital asset exchange, ShapeShift launched in 2014 to…