The U.S. SEC has begun proceedings on the proposed rule change to securities laws to list Wilshire Phoenix’s Bitcoin ETF. The United States Securities and Exchange Commission (SEC) has initiated proceedings regarding the Wilshire Phoenix Bitcoin (BTC) exchange-traded fund (ETF) proposal. According to a Sept. 24 public filing, the SEC started proceedings to determine whether […]
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Major insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform. Leading insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform. Per a Sept. 24 press release, the Risk Exchange platform aims to ensure a more transparent and secure digital placement and enables users to receive […]
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Multiple EU politicians are calling for a united European digital currency to counter Facebook’s stablecoin project Libra. The ripples of the Libra effect are beginning to lap against the shores of Europe, with French Finance Minister Bruno Le Maire suggesting that Europe should throw its hat into the ring and launch its own digital currency. […]
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Montreal-based digital asset custodian Knøx has secured $8.25 million in a seed round to roll out a crypto custody service for institutional customers and fiduciaries. Montreal-based digital asset custodian Knøx has secured $8.25 million in a seed round to support its crypto custody service for institutional customers and fiduciaries. The funding round was led by […]
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Coinbase-backed token issuance protocol Securitize completes a new funding round led by the VC arms of Banco Santander, MUFG and Nomura Holdings. Securitize, a Coinbase-backed token issuance protocol, raised $14 million in a funding round led by the venture capital (VC) wings of major commercial banks. The San Francisco-based startup has conducted an extension of […]
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The SEC received an S-3 stock registration filing for a blockchain-based digital preferred stock from online retail giant Overstock. Online retail giant Overstock filed an S-3 form for the registration of its blockchain-based digital preferred stock with the United States Securities and Exchange Commission (SEC). The news builds on previous reports that the firm was […]
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Cointelegraph presents ongoing updates from today’s U.S. House Financial Services Committee hearing with the SEC. Disclaimer: This report is being updated live from the Financial Services Committee floor. Check in for the latest on the hearing’s progress. In advance: As Cointelegraph reported on Sept. 20, the United States House of Representatives Financial Services Committee is […]
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Crypto exchange Bitfinex is relaunching its IEO platform with Kim Dotcom’s Bitcoin-integrated KIM token as the first offering. Cryptocurrency exchange Bitfinex has announced the relaunch of its Initial Exchange Offering (IEO) platform Tokinex as Bitfinex Token Sales and will offer the token of P2P digital content and monetization blockchain K.IM on October 22. The news […]
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Binance’s United States regional trading platform Binance.US has signaled support for five new cryptocurrencies including ADA and BAT. Binance.US, the United States branch of major crypto exchange Binance, announced that its users will be able to deposit five cryptocurrencies, namely: Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX). According […]
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Current trading zone critical as another day of losses sends BTC/USD below $9,800. Bitcoin (BTC) price fell below $9,700 on Sept. 24 as bears continued to dictate market performance and limit gains. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price struggles to hold $9,700 Data from Coin360 painted a gloomy picture for Bitcoin investors on […]
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