Medici Bank Launches Private Beta Testing in October: Report

Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October. Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October. Medici Bank will be piloting digital onboarding procedures, application programming interface and web portals with […]

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SEC Begins Proceedings on Wilshire Phoenix Bitcoin Exchange-Traded Fund

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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SIX Swiss Exchange Postpones Launch of Blockchain-Powered Digital Exchange

Switzerland’s major stock exchange, SIX Swiss Exchange, has postponed the launch of its blockchain-based SIX Digital Exchange. Switzerland’s principal stock exchange, SIX Swiss Exchange, has postponed the launch of its “fully-regulated” cryptocurrency exchange SIX Digital Exchange (SDX). As Reuters reported on Sept. 23, a spokesperson familiar with the situation said that SIX moved the full […]

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Upbit Exchange Delists Privacy Coins Due to Money Laundering Concerns

South Korean exchange UpBit has announced the delisting of certain privacy coins, citing money laundering concerns South Korean cryptocurrency exchange Upbit announced that it will cease trading support for six cryptocurrencies, including some so-called privacy coins. Block the possibility of money laundering In a Sept. 20 notice, UpBit announced that the exchange will delist and […]

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