LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures

The United States Commodities and Futures Trading Commission (CFTC) confirmed that LedgerX has not yet been approved to offer physically-settled Bitcoin futures in contrary to previous announcements. LedgerX has officially launched their product on July 31, as they revealed to CoinDesk that they had launched the first physically-settled Bitcoin futures contracts in the U.S, surpassing Intercontinental Exchange’s Bakkt and TD Ameritrade-backed ErisX. CEO of LedgerX, … Continue reading LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures

NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token

Binance and Paxos Team Up to Launch a New USD-Backed Stablecoin   Crypto exchange giant Binance, and digital asset trust company Paxos recently announced their partnership to launch a USD-backed stablecoin. The announcement comes after the approval from the New York State Department of Financial Services (NYDPS).   The new stablecoin, Binance USD (BUSD) is reportedly available later this month … Continue reading NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token

‘The SEC Has to Give its Decision: Yes or No’ to Bitcoin ETF Approval, says Bitwise

The Securities and Exchange Commission (SEC) previously set an Oct. 13 deadline for approving Bitwise Investments’ Bitcoin exchange-traded fund (ETF). With Bitcoin’s high volatility this year, its performance in 2019 remained bullish, although falling by over 20% in one week in September. Bitcoin reached its lowest level in July while hitting its high of over … Continue reading ‘The SEC Has to Give its Decision: Yes or No’ to Bitcoin ETF Approval, says Bitwise

Russian Prime Minister Sets Deadline For Adopting New Approach to Cryptocurrencies

The wave of change has entered into the Russian cryptocurrency market as their finance ministry advocates for a new regulatory framework to be adopted by the country’s legislative body. This proposition entails that cryptocurrencies will be classified under three separate legal categories or tiers as set by the Russian legislative body law. These tiers are … Continue reading Russian Prime Minister Sets Deadline For Adopting New Approach to Cryptocurrencies

US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve

The United States Congress has been considering drafting a bill that argues that all managed stablecoins must be treated as investment contracts and hence are securities.  Sylvia Garcia, the US Representative for Texas’ 29th congressional district, drafted a bill, “Stablecoins are Securities Act of 2019,” stating that stablecoins should be regulated under the Securities Act of 1933. The draft bill noted that … Continue reading US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

In a report posted by the Sygnum official blog site on Oct. 31, it has been stated that the company has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets services in the country which complemented their recent obtainment of banking and securities dealer license in Switzerland from the Swiss Financial … Continue reading World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

Amun AG: What are the Top Valuation Approaches for Altcoins?

We continue to explore the top Bitcoin valuation approaches stated in Part 1, which include NVT, NVRV, NVHR, Cost of Mining and Active Address method. In addition, we also looked at the field of altcoin valuation, including Ethereum, top privacy and payment coins. Bitcoin Valuation NVT/NVRV Ratio Method The Network-Value-to-Transaction Ratio (NVT) measures the dollar … Continue reading Amun AG: What are the Top Valuation Approaches for Altcoins?

Pepo Founder Presents First DApp to be Approved by Apple

During the second day of the BlockShow Asia 2019 being held in Singapore, Jason Goldberg, Pepo founder, and CEO noted that they are among the most prominent DApps globally. Expressly, Pepo comprises of 15,000 users, as well as at least 45,000 peer-to-peer transactions.  According to Cointelegraph, one of Pepo’s significant objectives entails altering how content … Continue reading Pepo Founder Presents First DApp to be Approved by Apple

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

The European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.  Sifted reports that €100m of this money will be generated by … Continue reading Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

DappRadar—Redefining Accuracy and Transparency in the State of Dapps

Skirmantas Januskas is the CEO and founder of DappRadar.He joined the crypto and decentralized applications (Dapps) space in late 2017 and found his interest peaked by the enthusiasm and kindness of those he interacted with in the community. He founded DappRadar in February 2018, a website that lists the best Ethereum Dapps and ranks them … Continue reading DappRadar—Redefining Accuracy and Transparency in the State of Dapps

Exit mobile version