The first ever exchange-traded product tracking multiple cryptocurrencies will start trading next week on Switzerland’s Six stock exchange.
Bitmain Denies Reports That CEO Jihan Wu Was Ousted From Its Board
Mining giant Bitmain says CEO Jihan Wu still serves on its board, despite media reports to the contrary.
Singapore’s Central Bank, SGX Develop Blockchain Settlement System
The Monetary Authority of Singapore and the nation’s stock exchange have developed a blockchain-based settlement system for tokenized assets.
Crypto Exchanges Must ‘Grow or Die,’ Says Exec at Fintech Firm Cinnober
Cinnober, a fintech company founded a full decade before the bitcoin white paper came out, wants to help today’s crypto trading platforms mature.
15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing
The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019.
DeVere Group Targets Arbitrage With New Crypto Fund
U.K.-based financial advisory firm deVere Group has launched an actively managed fund offering investors exposure to cryptocurrencies.
Coinbase’s Head of Trading Resigns After Six Months on Job
The head of trading at Coinbase, Hunter Merghart, has resigned just six months after joining the crypto startup from Barclays, CoinDesk has learned.
Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial
The Hong Kong Stock Exchange has teamed up with DLT startup Digital Asset to develop a blockchain platform for post-trade processing.
Ethereum’s Biggest Enterprise Group Is Releasing New Software Specs
The largest blockchain consortium has released its latest round of specifications – the next steps to harmonizing the way big companies use ethereum.
Germany’s Central Bank Claims Success in Blockchain Settlement Trial
Germany’s central bank and Deutsche Börse say they have successfully completed a blockchain trial for securities settlement.
Microfinance Firm Plans Issuance of Shariah-Compliant Blockchain Bonds
An Indonesian microfinance firm is looking to put Sharia compliant bonds called sukuks on the blockchain to fund social projects.
Blockchain Firm SETL Wins License to Operate Central Securities Depository
Blockchain firm SETL has received a license from the French securities regulator to operate a central securities depository in Europe.
PBoC’s Digital Currency Chief Departs to Lead Securities Clearing House
The former chief of China’s central bank digital currency initiative has left the role to lead the country’s central securities clearing house.
Crypto Hedge Fund Launches Are Soaring to Record Levels This Year
Despite the bear market in cryptocurrencies, crypto hedge funds are expected to comprise 20% of all hedge fund launches this year, research indicates.
Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding
Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.
Crypto Fund Wins License From Swiss Markets Watchdog
Switzerland’s financial markets regulator FINMA has issued an asset management license to a crypto investment fund.
United Arab Emirates to Allow ICOs as Corporate Funding Option
The U.A.E. plans to introduce regulations that would permit initial coin offerings to be used as a means of fundraising for domestic companies.
Circle Eyes Crypto Securities Bid With Crowdfunding Site Acquisition
Crypto company Circle is reportedly moving to acquire SeedInvest, a crowdfunding platform for startups.
EU Markets Regulator Budgets €1.1 Million to Monitor Cryptos, Fintech
The EU’s financial markets watchdog is setting aside over €1 million in order to monitor cryptocurrencies and other fintech activities in 2019.
Numerai Opens Crypto-Powered Stock Betting Market to the Public
Numerai’s decentralized Erasure marketplace has publicly launched, targeting hedge funds with its stock market predictions.