Copper
October 7, 2019
Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
Blink and you miss a lot in this industry. Here’s what happened last week that should be on your radar:
Apple said no to crypto, but do you trust them? Paypal said sayonara to Libra, which begs the question, are they thinking they can do the same thing better and more quickly? Coinbase Pro is about to increase their fees, shortly after Clearbank integration reinstates UK customers access to the faster payments scheme on the platform. They also launched the crypto rating council, amid some controversy, along with Kraken, Bitrex, Anchorage, and others. Galaxy Digital is getting busy on Bakkt (maybe the only ones?). And Grams are coming…. stay tuned for more on that one later today
Below is our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.
Latest Industry News
New regs for crypto fund managers in HK
The SFC advised managers to have sufficient human and technical resources for the proper performance of duties as well as to adopt risk management and compliance policies, as well as policies for AML and CFT
They are further required to maintain liquid capital of a minimum of 3 million Hong Kong dollars and its variable required liquid capital
A new crypto-friendly bank in Malta
The bank’s leading investors include the crypto exchange Binance (also based in Malta), the hedge fund Polychain Capital and the Czech firm Carduus Asset Management
Founders Bank planned to raise capital with equity tokens. That plan was quickly shelved in order to avoid complications during the licensing process
Regulator Roundup
It’s that time again. A lot can change in one month, which is why we round up everything that’s happening in the world of crypto regulation
This month there are another 180+ stories for you to be aware of, and even one job vacancy if you’re in NYC and fancy becoming a regulator!
Latest Coin News
BTC
SEC: If Bitcoin was a security, it would ‘raise
’
Fundstrat’s
on current barriers to BTC for institutions
ETH
Ethereum scaling network
raises $17.1m
IKEA tests ethereum based
XRP
XRP investment arm acquires Icelandic firm
Monetisation platform
now supports XRP
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