Copper
January 7, 2019
Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
The big news from last week continues this morning as the market anticipates the launch of DX Exchange’s Nasdaq powered engine. The Estonian-based group will begin selling tokenised shares through a Cyprus-based subsidiary.
This week we should start to hear more from the SEC and FCA on when their next rounds of guidance will be released.
It’s also notable that while Bakkt raised more than $180m last week, they also postponed the launch of their exchange. It could be they’re waiting to see the outcome of the SEC’s next ETF consultation.
Below we have 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
Kraken received 475 subpoenas in 2018
Nearly 200% increase year-on-year, with US authorities responsible for the vast majority of requests
The resulting legal and compliance costs are a major factor in whether new crypto-businesses are willing to accept US customers
DX Exchange platform goes live today
Powered by the Nasdaq engine, users will be able to trade big blue chip stocks like Apple and Amazon using fiat or crypto
A Cypriot-regulated company (MPS Securities) will purchase the shares and convert them to ERC-20 tokens based on demand
Binance to use token sale platform for ICOs
In a bid to legitimise the ICO market, Binance will use its Launchpad product for new token sales, potentially starting with BitTorrent
A selection process, involving regulatory compliance and sustainable business modelling will be required
Latest Coin News
BTC
Volume is up as
in minutes
Price of
could be effected today by (temporary) shutdown of Bitfinex
ETH
Core devs favour
over ASIC network
XRP
Rumours of a partnership with
are unfounded
Ripple will be tradable on the P2P side of
from today
Don't forget to subscribe to our weekly newsletter, where you'll get all these stories delivered to your inbox every Monday morning.
Independent custody
connected to multiple exchanges
Our settlements and clearing service is backed by our award winning custody technology
Subscribe
The latest forward thinking research, straight to your inbox.