The Daily: EU Budgets €1M to Monitor Crypto, Wyoming Mulls Fintech Bank

The Daily: EU to Spend €1M to Monitor Crypto Space, Wyoming Mulls Bank for Fintech FirmsThe European securities and markets watchdog ESMA has dedicated over 1 million euros to finance the monitoring of developments in the crypto sector. Also in The Daily this Saturday, Wyoming legislators are working on a bill that would facilitate the provision of banking services to crypto and blockchain companies, and according to a new survey, […]

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European Regulator Renews Restrictions on Crypto-Based Derivatives

European Regulator Renews Restrictions on Crypto-Based DerivativesEurope’s securities watchdog, ESMA, has decided to extend the restrictions applied to a number of financial derivatives, including contracts-for-differences (CFDs) based on cryptocurrencies. The limits that were introduced in August of this year will now remain in place until the end of January 2019.   Also read: French Regulator Blacklists More Fraudulent Crypto Businesses ESMA […]

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Exchanges Round-Up: Dcex Uses XRP as Base Currency, Blocktrade Enters Beta

Exchanges Round-Up: Dcex Uses XRP as Base Currency, Blocktrade Enters BetaIn recent news regarding bitcoin exchanges, Dcex has launched a peer-to-peer cryptocurrency exchange that will use XRP as its base currency, ESMA regulated exchange, Blocktrade, has opened for beta testing, and Coinfield has announced a partnership with fee-free trading app Moongo. Also Read:Banks Don’t Really Want to Use ‘Blockchain’ for FX Settlement After All  Dcex […]

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New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFDs

New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFDsThe European Securities and Markets Authority (ESMA) has announced that it will impose restrictions on the leverage offered for contracts-for-difference (CFDs) and binary options offered to European retail investors. Under the new measures, the leverage offered on cryptocurrency CFDs will be limited to no more than 2:1. Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018  […]

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Crypto Exchanges Launch P2P Platforms from Latvia and Bulgaria

Crypto Exchanges Launch P2P Platforms from Latvia and BulgariaWhile European institutions are issuing another series of warnings about the risks and sins of dealing with bitcoin, crypto communities on the Old Continent are trying to preserve freedoms not granted by Brussels. Two exchanges from opposite corners of New Europe have announced plans to offer peer-to-peer cryptocurrency trading. Latvia-based Hodlhodl has launched its new […]

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