Author: Nathan DiCamillo

ConsenSys Project Launches ‘Proof-of-Use’ Network to Discourage Speculation – CoinDesk

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A ConsenSys token platform launching its first token project Tuesday hopes to support ethereum projects while discouraging speculative investing and trading in the projects’ tokens. Activate – a decentralized token network that actively polices speculative token making – announced it Read More

Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians – CoinDesk

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Germany’s Financial Supervisory Authority (BaFin) is clarifying how the country’s new cryptocurrency custody law will apply to firms that operate outside of Germany but still serve the German market. In its latest guidance released in January, the regulator said firms Read More

Uphold Introduces Commission-Free Trading for Users – CoinDesk

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Trading platform Uphold is now offering commission-free cryptocurrency trading, the company announced Tuesday.  Following in the footsteps of companies like Schwab and TD Ameritrade that have made trading free of commissions for customers in the traditional markets. Uphold CEO JP Read More

Transfer Agent Vertalo Chooses Tezos Over Ethereum for Security Token Development – CoinDesk

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Transfer agent Vertalo wants its customers to issue securities on the Tezos blockchain. The company has made Tezos its default blockchain, encouraging customers to switch over from ethereum. It has developed the ability to convert ERC-20 tokens to Tezos-formatted smart Read More

In First ‘Pure Crypto’ Hire, Silvergate Bank Recruits Blockstream Liquid Network Exec – CoinDesk

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Crypto-friendly Silvergate Bank has made its first hire from the hardcore bitcoin community to support an ambitious roadmap for its business serving digital currency clients.  Benjamin Richman, formerly director of business development and partnerships at bitcoin tech startup Blockstream, joined Read More

Crypto Firms Can Now Apply for a License in France – CoinDesk

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France’s top financial regulator has published new rules regarding the licensing of digital asset service providers (DASPs) as well as guidelines for applying for the non-mandatory license and informing the AMF about internal cybersecurity practices. The Autorité des marchés financiers Read More

Why the SEC Asked Blockforce Capital to Pull a Bitcoin ETF Proposal as Soon as It Was Filed – CoinDesk

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When Reality Shares ETF Trust, a branch of Blockforce Capital, pulled its filing of a proposed exchange-traded fund made up of 15 percent bitcoin and 85 percent global currencies, many observers assumed the company made a mistake. It turns out Read More

Accenture Will Board Corporates Onto Marco Polo Shipping Blockchain – CoinDesk

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Professional services firm Accenture has partnered with global trade finance blockchain startup TradeIX, becoming an onboarding partner for the Marco Polo Network.  The agreement comes alongside an undisclosed investment by Accenture Ventures in TradeIX, the companies announced Tuesday. Accenture will Read More

R3 Completes Trade Finance Blockchain Trial With More Than 70 Organizations – CoinDesk

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R3 has closed what it’s calling the largest open-account trade finance trial ever conducted on its Corda platform. This trial included more than 70 organizations from more than 25 countries. Upwards of 340 participants from those organizations were involved and Read More

German Bank Launches Digital Assets Unit to Offer Custody Products – CoinDesk

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German bank solarisBank is jumping into the crypto custody space.  Through a subsidiary called solaris Digital Assets, the Berlin-based bank will offer a white-labeled custody product, the company recently announced. The financial technology startup received a German banking license in Read More

Ripple’s Revamped Xpring Platform Looks to Boost XRP Development – CoinDesk

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Ripple has condensed its broad Xpring developer platform into a single site.  The new platform aims to allow crypto and non-crypto developers to integrate payments into any mobile application. Now, Xpring.io offers those developers a wallet, new tools, technical documentation Read More

Fidelity Digital Assets Gets NY Trust Charter to Custody Bitcoin for Institutions

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The New York Department of Financial Services has granted Fidelity Digital Assets Services (FDAS) a charter to operate as a limited liability trust company to custody digital currencies and execute crypto trading. Go to Source Author: Nathan DiCamillo Recommended Crypto Read More

Visa R&D Arm Develops a Blockchain System That Could Replace Financial Data Aggregators

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Visa has been quietly developing a blockchain system that could upend how banks transfer data to consumer financial apps like Mint and Credit Karma. Go to Source Author: Nathan DiCamillo Recommended Crypto Services, Products and Strategies: The first thing any Read More

Tradewind, Canadian Mint to Verify Origins of Precious Metals on Blockchain – CoinDesk

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Tradewind Markets, a blockchain-powered gold trading platform backed by stock trading firm IEX, has developed and launched a system for stablecoin issuers on its platform to track the provenance of their precious metals. Tradewind is taking its shot at stopping Read More

Longtime Bitcoin Advocate Launches Broker-Dealer for Crypto Firms – CoinDesk

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Longtime bitcoin advocate Bruce Fenton has created a new broker-dealer for digital asset firms and financial advisors called Watchdog Capital. The firm is registered with the U.S. Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority, Read More