Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

As Coinbase and Poloniex open up dedicated investor accounts and Russia’s state-owned bank conducts a large over-the-counter transaction, OTC trading takes center stage in attracting institutional investors With the increasing trend for major financial institutions to invest in Bitcoin, United States crypto exchange and wallet provider Coinbase announced the launch of over-the-counter (OTC) trading for […]

Continue Reading

Russia: Sberbank and Interros Group Conclude Blockchain-Based Foreign Exchange Repo Deal

Interros Group and Sberbank in partnership have carried out an OTC foreign exchange repo deal on blockchain. Sberbank and Interros Group have carried out an over-the-counter OTC foreign exchange repurchase agreement (repo) transaction employing smart contracts on a blockchain, Reuters Russia reports Nov. 30. The Interros Group is a Moscow-based private equity firm founded by […]

Continue Reading

US Treasury Dept. Takes Action Against Two Iranians Allegedly Involved in BTC Ransomware

The U.S. Department of Treasury has sanctioned two Iranians allegedly involved in Bitcoin ransomware scheme SamSam. The U.S. Treasury Department has sanctioned two Iranians allegedly involved in Bitcoin (BTC) ransomware scheme SamSam, the Treasury reported in an official press release today, Nov. 28. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) […]

Continue Reading

US Commodities Regulator CFTC Issues Smart Contracts Primer, Outlines Benefits and Risks

The U.S. CFTC’s fintech hub LabCFTC has issued a Primer on Smart Contracts, its second such publication dedicated to blockchain innovation. The U.S. Commodity Futures Trading Commission (CFTC)’s fintech innovation hub LabCFTC has issued a Primer on Smart Contracts, according to an official announcement Nov. 27. The primer is LabCFTC’s second fintech-educational publication, the first […]

Continue Reading

Report: Blockchain Deployment Could Add $3 Trillion in International Trade by 2030

A new study from the WTO has analyzed the potential and possible impact of blockchain technology on international trade. The World Trade Organization (WTO) released a report on blockchain technology’s effect on international trade today, Nov. 27. Per the study, blockchain’s economic value-add on a global scale could reach almost $3 trillion by 2030. “Blockchain […]

Continue Reading

Hodler’s Digest, Nov. 19–25: SIX Launches Multi-Crypto ETP, BCH’s Hard Fork Remains Contentious

KPMG releases a report that remains bullish on cryptocurrencies, while Bakkt announces a target launch date for the end of January. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much […]

Continue Reading

India: ‘Big Four’ Auditor EY to Hire 2K Employees to Develop in Blockchain, AI

“Big Four” auditor Ernst & Young will hire 2,000 employees in India to expand its digital solution services, including in blockchain. “Big Four” auditor Ernst & Young (EY) will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. The news was first reported by […]

Continue Reading

Festive, Free Automated Trading Bot Can Be Set Up in 10 Minutes

sponsored A Santa-themed trading bot is giving crypto enthusiasts the chance to capitalize on volatility and hopes automation will help them sleigh in the marketplace. A cloud trading software platform argues the public has the chance to take advantage of volatility in the cryptocurrency marketplace through automated trading – “maximizing their opportunities” and enabling their […]

Continue Reading