The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes Crypto

The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes CryptoCryptocurrency exchange Binance is making good on its promises to expand globally – focusing on emerging markets and fiat-to-crypto trading services. Also in The Daily, Huobi founder and CEO Leon Li meets a Putin adviser in Beijing, a leading Brazilian brokerage firm shares plans to launch a crypto exchange, and digital assets management firm Altonomy caters […]

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US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action

US Financial Industry Regulatory Authority Issues First Crypto Disciplinary ActionThe U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.” Also read: 160 Crypto Exchanges […]

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Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins

Banks Freeze Business' Accounts After Owner Traded on LocalbitcoinsThe owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins. Also Read: P2P Exchange Options Increasing for Crypto Traders in India HSBC and Barclays Freeze Accounts of 50cycles Scott Snaith, the owner of cryptocurrency mining electric bicycle […]

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Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC VolumeJurisdictions with crypto-friendly legislation or comprehensive regulations in place are leading in terms of exchange-based cryptocurrency trading. According to a new study, however, over the counter and P2P exchange is much more popular in developing nations and countries where non-cash payments are still not widely spread. Also read: Crypto Funds Number 466 Despite Trends, Uncertainty […]

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Exchanges Round-Up: Coinjar Launches Aussie Crypto Fund, Square Trades OTC

Exchanges Round-Up: Coinjar Launches Aussie Crypto Fund, Square Trades OTCIn recent news pertaining to virtual currency exchanges, Coinjar has launched Australia’s first cryptocurrency index fund; Square’s latest quarterly report has revealed that company is executing its crypto trades via the over-the-counter (OTC) markets rather than “public cryptocurrency exchanges;” and Poloniex has launched EOS pairings. Also Read: SEC Has No Jurisdiction to Look at Bitcoin for […]

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PR: Vaultbank to Bring Free Stock Trading with Margin, Top 20 Cryptos, 120+ Fiat Currencies

Vaultbank to Bring Free Stock Trading with Margin, Top 20 Cryptos, 120+ Fiat CurrenciesSAN FRANCISCO — Vaultbank announces the addition of free stock trading to its October Launch. This is in addition to crypto trading and issuance of security tokens. With all of these services on one platform, users will have a single platform solution to invest globally, trade digitally, and cash out locally.

The Vaultbank Platform is currently in beta testing. A tiered global rollout is scheduled to begin in October 2018. Prospective users are invited to join the waitlist on Vaultbank’s homepage at vaultbank.io.

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Cryptocurrency Firm Circle Sees Institutional Interest Spike 30%

Cryptocurrency Firm Circle Sees Institutional Interest Spike 30% Last MayThis week the cryptocurrency firm Circle revealed it has seen a significant uptick in institutional interest. According to Circle CEO and co-founder, Jeremy Allaire says even though cryptocurrency markets were down in during the month of May the company saw a 30 percent spike from institutional clients last month. Also read: Meet Three More Applications That […]

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Etoro Is Launching an OTC Crypto Trading Desk for Institutions

Etoro Is Launching an OTC Crypto Trading Desk for InstitutionsWhile 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 […]

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Dominance of Big Banks in UK Means London Might Miss the Boat on Bitcoin

Dominance of Big Banks in UK Means London Might Miss the Boat on BitcoinLondon has enjoyed a status of a global financial hub for centuries and served as a pioneer for brand new trading options for decades. However, some fear it is now in danger of getting left behind by the hottest emerging asset class – cryptocurrency. One of the main reasons for this appears to be the […]

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