Crypto Facilities will continue operating from London under its new owner, Kraken, following a “nine-figure deal.” United States cryptocurrency exchange Kraken has acquired United Kingdom-based cryptocurrency exchange and futures provider Crypto Facilities, the company confirmed in a press release Feb. 4. Crypto Facilities, which began operating in 2015, is fully regulated by the U.K.’s Financial […]
Continue Reading
U.S. Government shutdown paralyzed the SEC and CFTC. On Jan. 25, United States (U.S.) President Donald Trump ended the partial government shutdown, albeit temporarily. As a result of the funding package he signed on Friday, the government will be open for three weeks. While the future still seems unclear for U.S. government facilities, which are […]
Continue Reading
The CBOE has withdrawn their BTC ETF rule change application, while Wyoming introduces crypto-friendly legislation. Top Stories This Week CBOE Withdraws BTC ETF Rule Exchange Request From SEC Amid Gov’t Shutdown The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its request for a rule change from the United States Securities and Exchange […]
Continue Reading
The U.K.’s financial watchdog has released a detailed consultation paper on regulation of crypto. On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.” As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time […]
Continue Reading
Unit-e brings a fresh angle to blockchain scalability. Amid a seemingly constant stream of new concepts claiming to be key to crypto to breaking through to the financial mainstream, one immovable issue remains ever-present: scalability. The crypto community is abuzz with new projects relating to the issue, from the Bitcoin (BTC) Lightning Network to a […]
Continue Reading
U.S. crypto exchange Seed CX, which previously introduced a digital wallet for institutional investors, is now launching spot trading. Chicago-based, licensed crypto exchange Seed CX has launched spot trading for institutional investors, according to an official press release published on Wednesday, Jan. 23. Spot trading is the purchase or sale of a currency, financial instrument […]
Continue Reading
Charles Hoskinson, founder of Cardano, believes crypto markets will be more mature and attract millions to billions of users by the time they regain 2017’s all-time highs. Crypto markets might need more than a decade to regain 2017’s price highs, but the industry will a “dramatically different ecosystem at that point,” according to top altcoin […]
Continue ReadingIndependent security analysts at ICORating have given 16 percent of the world’s biggest crypto trading platforms an A rating, and none an A+. The latest Exchange Security Report from independent analysts at ICORating has given 16 percent of the world’s biggest crypto trading platforms an A rating, and none of them an A+. The analysis, […]
Continue ReadingBitMEX says there are major inaccuracies in a recent report that alleged the exchange was closing U.S. and Québec residents’ accounts. Major crypto derivatives trading platform BitMEX says there are major inaccuracies in a recent media report that alleged the exchange was closing United States and Québec residents’ accounts due to a regulatory crackdown. Cointelegraph […]
Continue Reading
Crypto exchange Seed CX, a Chicago-based platform targeting institutional clients, has launched a new digital asset wallet solution with on-chain settlement. Crypto exchange Seed CX — a Chicago-based licensed platform targeting institutional clients — has launched a digital asset wallet solution with on-chain settlement, according to a press release published Jan. 10. Seed CX […]
Continue Reading