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Crypto News Roundup for Feb. 18, 2020
18.2.2020
With the price of bitcoin breaking below last week's critical resistance, Markets Daily is back with another time-saving news roundup
Boerse Stuttgart’s Crypto Arm Aims at New Institutional Investors + More News
18.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Blocknox, a subsidiary of the second-largest German stock exchange Boerse Stuttgart, will offer cryptocurrency...
Crypto Firms Should Get Behind Peirce’s Safe Harbor Proposal, Even if It’s Unlikely to Become Law
18.2.2020
Hester Peirce's idea may not be formally considered by the SEC, but it could help refine and define future crypto regulation, say two advisers
US Presidential Contender Michael Bloomberg Proposes ‘Clear Regulatory Framework’ for Crypto
18.2.2020
US presidential candidate Michael Bloomberg said he would clarify tax and securities laws around crypto in a new financial reform plan
Deribit Launches Ethereum Options on the Crypto Derivatives Platform
18.2.2020
Leading crypto exchange Deribit launched Ethereum options contracts on Monday, in a bid to expand crypto futures and derivative options of the platform. Like Bitcoin, users can now trade Ethereum perpetual futures with up to 100x leverage. Our #Ethereum daily options are launching today at 12:00...
Crypto Custodian Copper Collects $8M In Series A Funding Round
18.2.2020
Based in London, Copper.co, the leading custodian for digital assets, has announced that it has raised a whopping sum of $8 million in a Series A funding round. The firm will employ the pooled in funds to proliferate into marketspaces it has not explored since its inception. According to the latest...
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services
18.2.2020
Blocknox, a subsidiary of the second largest German stock exchange, is expanding its crypto custody service to institutional players
New Platform Helps Developers Tokenize Their Games on Ethereum
18.2.2020
A new game development platform, Enjin, has gone live on the Ethereum mainnet
South Korean Banks ‘Sitting on Crypto Plans in Regulatory Limbo’
18.2.2020
South Korean financial institutions have formulated crypto business plans – but cannot go public with them due to a lack of regulatory clarity, claim bankers in the country.
News outlet Hangook Ilbo quotes an unnamed “senior official” at a South Korean bank as stating,
“Banks in South Korea cannot...
Coinbase Pitches Crypto As a Solution for Racial Inequality in Finance
18.2.2020
Coinbase’s new campaign reaches out to ethnic minorities with the claim that crypto can help tackle systemic discrimination in the financial sector
Binance Unveils Binance Cloud To Aid Crypto Trading Platforms
18.2.2020
Taking pride in being the world’s biggest cryptocurrency exchange in terms of trading volume, Binance has announced the news about the launch of its highly anticipated project Binance Cloud through an official Twitter post on February 18, 2020. The newly launched platform will aid the users...
Erik Voorhees: Within Five Years There Will Be a Major Financial Meltdown and Crypto Will Be Ready
18.2.2020
When ShapeShift implemented KYC requirements, Erik Voorhees lost 95 percent of his users. But he remains as committed to crypto as ever
Bitfinex Crypto Exchange Infuses Major Enhancements In Tezos Margin Trading
18.2.2020
Headquartered in Hong Kong, Bitfinex, the leading cryptocurrency trading and exchange platform has announced that it will increase leverage for its Tezos trading pairs to enhance the customer experience in a big way. The new changes shall be applicable from February 17, 2020. The highly acclaimed...
Crypto Custodian Copper Raised $8 Million for Expansion
18.2.2020
The London-based crypto custody provider plans to develop its presence in North America and Asia
Binance Cloud to Allow Users to Launch a Crypto Exchange Within 5 Days
17.2.2020
Binance’s new exchange-specific cloud solution will allow users to set up an exchange within five days, CZ says
50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires
17.2.2020
Many celebrities have mentioned the benefits of bitcoin and leveraged the asset for certain projects. For instance, 50 Cent, Snoop Dogg and Talib Kweli all sold albums for BTC, but when cryptocurrency prices skyrocketed, 50 Cent told the public he sold his coins as soon as he got them. Many other...
Russia’s Central Bank Proposes New Token Framework, But Labels Crypto Transactions ‘Suspicious’
17.2.2020
Russia is looking at creating a regulatory distinction between asset tokenization and 'pure' cryptocurrencies
Crypto Listing and Delisting Announcements: Week 7
17.2.2020
Source: iStock/~UserGI15632523
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says
17.2.2020
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week