EU Based Extauri Joins NASDAQ, Bakkt in Race to Compliant Exchange

The next benchmark in cryptocurrency adoption will likely take place through the acceptance of compliant securities exchanges that offers crypto trading and investment alongside traditional securities. November marks a major month towards this regard as leading initiatives have set November deadlines for their primary products. Many prominent analysts and speculators suggest that the development of … Read more

$10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober

News wires buzzed this week when the National Association of Securities Dealers Automated Quotations (Nasdaq) announced its pending purchase of Swedish crypto-friendly stock exchange Cinnober. Nasdaq made “an USD 190m all cash recommended public offer” to the exchange, which it terms a major “financial technology provider to brokers, exchanges and clearing houses worldwide.” It could … Read more

Riot Blockchain Replaces CEO Over $27 Million Pump and Dump Charges

Riot Blockchain, Inc. (NASDAQ: RIOT), a company officially focused on cryptocurrency mining and the development of an exchange, has swiftly replaced its CEO after the SEC charged him in connection to a fraudulent $27 million pump an dump scheme. Also Read: Denmark’s Largest Bank May Have Facilitated up to $150 Billion in Money Laundering $27 … Read more

SEC Suspends Trading of XBT Provider’s Bitcoin Exchange-Traded Product

The U.S. Securities and Exchange Commission has suspended the trading of two XBT Provider products: Bitcoin Tracker One and Ether Tracker One. The agency attributes “a lack of current, consistent and accurate information” which leads to “confusion amongst market participants” as the reason. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals SEC … Read more

Regulations Round-Up: Tokenized Securities in Singapore, China Warns of Illegal Fundraising

In recent regulatory news, Chinese authorities have issued a warning seeking to encourage citizens to be skeptical regarding the promotional claims of illegal fundraising schemes operating with cryptocurrencies, Singapore Exchange and the Monetary Authority of Singapore have partnered with Anquan, Deloitte, and Nasdaq to settle tokenized securities using distributed ledger technology, and Hungary’s finance ministry … Read more