Tag: Capital Markets

Brazil’s Largest Independent Broker Is Launching a Crypto Exchange

The mother or father firm of Brazil’s largest impartial dealer is establishing a cryptocurrency trade, Bloomberg reported Thursday. Grupo XP, which owns brokerage agency XP Investimentos, plans to launch the platform within the “coming months,” the information supply said, including it can help buying and selling in bitcoin and ethereum. However, regardless of the notable […]

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Venezuela to Adopt Controversial Petro Token in Global Trade

Venezuela’s President Nicolas Maduro is doubling down on his perception that the state-created petro token will assist remedy the nation’s persistent inflation and act to stabilize the financial system. During a TV look on Thursday through which he addressed financial points, Maduro introduced the adoption of the petro in worldwide commerce ranging from October. The announcement […]

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Don’t Blame Bitcoin Futures for Bear Market, CME Exec Says

Tim McCourt, managing director and international head of fairness merchandise and various investments of the CME Group, has mentioned that bitcoin futures are to not be blamed for the value stoop within the crypto market this yr. Talking with Phillip Gillespie, CEO of B2C2 Japan, throughout a panel on crypto derivatives buying and selling at CoinDesk’s […]

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New York AG Report Faults Crypto Exchanges for Manipulation Risks

The New York Office of the Attorney General (OAG) has launched a report on cryptocurrency buying and selling platforms, discovering that many are weak to market manipulation and referring a number of exchanges to a different company for potential violations of state regulation. The NYAG’s inquiry was launched in April, searching for voluntary participation from […]

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$1 Billion Blockchain Fund Founders Plan Japanese Yen Stablecoin

Founding companions of the $1 billion blockchain fund backed by the federal government of the Chinese metropolis of Hangzhou are planning to roll out a Japanese yen-pegged stablecoin. Yao Yongjie, one of many founding companions of the Xiong’An (Grandshores) Blockchain Fund, mentioned the work has already began on the mission and that the workforce hopes […]

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Medici-Backed Bitsy Launches User-Friendly Crypto Wallet to Boost Adoption

Blockchain startup Bitsy needs to assist construct out the bridge between cryptocurrencies and fiat cash. To that finish, the corporate introduced a brand new crypto pockets Friday, one aimed toward offering a simplified, user-friendly expertise. CEO Ann-Marie Hopkins informed CoinDesk that the pockets will permit customers to purchase some quantity of cyptocurrency, similar to bitcoin, and […]

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R3’s CordaCon Event Sees Big News, Packed Talks and Blockchain Converts

London’s CordaCon 2018, an annual gathering hosted by R3 to have fun every little thing occurring on the Corda platform and its developer neighborhood, seemed to be in impolite well being this yr with standing room solely in lots of the shows. The occasion noticed some 1,150 registrations over the 2 days – exponential development […]

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BitGo Receives Regulatory Approval to Custody Crypto Assets

Crypto safety startup BitGo has acquired approval within the U.S. to behave as a professional custodian for digital property. The firm, which has spent most of 2018 making an attempt to launch a regulated custodian entity, introduced that the BitGo Trust had been authorised by the South Dakota Division of Banking on Thursday, which means it […]

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Blockchain Could Boost Trade Finance by $1 Trillion, WEF Research Says

Blockchain is ready to fill in a lot of the $1.5 trillion-dollar supply-demand hole in international commerce finance by easing financing for small- and medium-sized enterprises (SMEs) in rising markets, new analysis says. Jointly carried out and released by the World Economic Forum and Bain & Company, the analysis signifies that, by deploying blockchain, international […]

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Report: Nearly Half of ICOs Failed to Raise Funds Since Start of 2017

Nearly half of all preliminary coin choices (ICOs) in 2017 and 2018 failed to lift any funds, whereas one other 40 % raised greater than $1 million every, a brand new analysis report claims. Research and consulting agency GreySpark Partners studied the ICO market throughout the previous a number of years, discovering that as many […]

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