The Daily: Binance to Expand in Singapore, Uphold Launches Loan Service

The Daily: Binance to Expand in Singapore, Uphold Launches StablecoinIn today’s edition of The Daily, we look at a strategic investment that could help Binance to establish a fiat-to-crypto exchange in Singapore. We also focus on a new service that digital payments platform Uphold is launching to lend funds to its clients, as well as a cryptocurrency-backed prepaid card that’s coming to the U.S. […]

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Reveal All Crypto Activity, FINRA Tells Its Members

The US Financial Industry Regulatory Authority is requesting that all its member firms notify the regulator if they engage in any activity related to digital assets. This is an ongoing initiative by the regulator to ascertain the members’ involvement in the digital assets marketplace and covers the firms, their staff, and their affiliates. Making the […]

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Uphold Buys a New York Broker-Dealer to Offer Securities Trading Services

As many cryptos such as Ripple fight to prevent their native digital tokens from being classified as securities by the SEC, other stakeholders are preparing for the worst. One of them is Uphold, a cloud-based digital money platform that allows its users to send and receive eight cryptocurrencies as well as over 30 other fiat […]

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Uphold to Acquire JNK Securities, Opening Door for US-Regulated ICO Trading

Uphold to Acquire JNK Securities, Opening Door for US-Regulated ICO TradingIt seems that a race to take over US-licensed brokerages has begun among crypto companies. Soon after Coinbase revealed it is buying up a securities firm, Uphold has now followed the move with its own acquisition. JNK Securities’ licenses could possibly open the door for the company to offer trading on ICO tokens deemed securities […]

The post Uphold to Acquire JNK Securities, Opening Door for US-Regulated ICO Trading appeared first on Bitcoin News.

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Uphold Receives $57.7M Investment to Add XRP and Insure Deposits

TheMerkle Uphold Greg Kidd XRPEven though a lot of cryptocurrency enthusiasts are not too fond of Ripple or XRP, there is a lot of merit to this particular digital asset. In fact, Greg Kidd, an early Coinbase investor, is now investing in competing exchange Uphold. His objective is to ensure that the company integrates XRP as well as offers insurance to guarantee that users’ deposits are protected. It is an interesting development that will send major shockwaves throughout the industry. Uphold Receives $57.7m in Funding It doesn’t happen all that often that one individual investor decides to throw nearly US$60 million at a cryptocurrency company which

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