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UBS: ‘Lack of Stability’ Preventing Bitcoin Going Mainstream

Bitcoin (BTC)–One of the world’s largest investment banks has commented upon the rise of cryptocurrency, and found fault with the scalability and price volatility associated with Bitcoin. The Union Bank of Switzerland, an investment bank and financial services company, has joined the list of Bitcoin detractors who point out the obvious flaw with the currency: […] The post UBS: ‘Lack of Stability’ Preventing Bitcoin Going Mainstream appeared first on Ethereum World News. дальше »

2018-8-6 17:15


Cryptocurrency hedge funds welcomed by 129 year old Chicago-based firm

Financial Services giant, Northern Trust has recently opened their gates to cryptocurrency hedge funds while also working on adopting blockchain technology into their private equity division. According to Forbes, the 129-year-old firm headquartered in Chicago, Illinois, that mostly caters to Big-time investors and high-net-worth individuals is now offering their services to raise funds by assessing […] дальше »

2018-8-2 21:53


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Northern Trusts are doing their part to aid in cryptocurrency investments

U.S.-based custody bank Northern Trust is helping traditional “mainstream” hedge funds expand into cryptocurrencies, Forbes reported Tuesday. Northern Trust’s president, Pete Cherecwich, told the news organization that the financial services firm is working with three hedge funds – whose names he declined to provide – to add cryptocurrency investments to their portfolios. To that end, Northern Trust дальше »

2018-8-1 19:55


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Japanese Firm SBI Plans to Create Cryptocurrency Derivatives Platform to Hedge Risk

On July 31, 2018, Japanese financial services company SBI Group indicated that it plans to create a trading platform for cryptocurrency credit default swaps (CDS), also known as derivatives. The platform’s purpose is to hedge the inherent risk of investing in cryptocurrencies, and to this end, SBI has made a significant investment in an American digital marketplace developer, Clear Markets. дальше »

2018-8-1 17:00


Northern Trust Aids Hedge Funds in Cryptocurrency Investment

Yet another firm from traditional markets has stepped into the cryptocurrency boxing ring, with Northern Trust recently diving down the metaphorical rabbit hole that is blockchain. Legacy Markets Firm to Make a Foray into Blockchain and Crypto As per an exclusive Forbes article, Pete Chercewich, the President of Northern Trust’s corporate and institutional services division,. дальше »

2018-8-1 02:00


BANKEX opens the way to get citizenship via cryptocurrency investment

30 July 2018, New York- BANKEX,  in association with the MIGRONIS KFT immigration company, the MDL Legal Services PLLC law firm, and in cooperation with the Designated Agency of Vanuatu, has launched a new service which allows persons applying for the Vanuatu citizenship-by-investment program to make the required investment for citizenship via cryptocurrency (Bitcoin or Ether). […] дальше »

2018-8-1 23:36


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Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight

In recent regulatory news, Dutch police have reported an increase in electricity fraud associated with crypto mining, a Michigan Republican member of the House Financial Services Committee has urged Congress to make the development of clear guidelines overseeing the cryptocurrency industry a top priority, and digital currency advocacy group, Chamber of Digital Commerce, has published […] The post Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight appeared first on Bitcoin News. дальше »

2018-7-31 18:35


ChronoBank Partners with Lykke

The time-based cryptocurrency project has partnered with a well-known blockchain trading company to provide fast and user-friendly exchange services. ChronoBank, a blockchain-based initiative aimed at disrupting the short-term recruitment sector, has announced a partnership with mobile wallet and trading enterprise Lykke - allowing users to trade ChronoBank’s tokens for other currencies frictionlessly. дальше »

2018-7-31 13:22


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AlphaPoint Aides in Launching XRP-Based Cryptocurrency Exchange

Cryptocurrency services firm AlphaPoint is powering a new decentralized exchange, the company announced Monday. The exchange notably uses XRP as its “base currency,” meaning many of its trading pairs are denominated in the third-largest cryptocurrency by market cap, AlphaPoint CEO Salil Donde said in a blog post. The exchange further says it will add neo дальше »

2018-7-31 08:18


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Monex Group Set to Launch U.S. Cryptocurrency Trading Operations Via Subsidiary

Tokyo-based financial services conglomerate, Monex Group, Inc – the acquisitor of the hacked Coincheck cryptocurrency exchange – is primed to launch its Bitcoin trading service in the United States through one of its subsidiaries, TradeStation, according to a financial briefing published by the firm on July 27, 2018. дальше »

2018-7-30 08:00