Switzerland’s SIX Stock Exchange Is Working on a Swiss Franc Stablecoin

SIX, the Swiss national stock exchange group, is working on creating its own “stablecoin” – a cryptocurrency pegged to the Swiss franc – to facilitate transactions on the SIX Digital Exchange (SDX), CoinDesk has learned. A spokesman for SIX confirmed the move in an email, telling CoinDesk: “Yes, we are currently working on a CHF […]

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NYSE Arca Seeks Rule Change to List ETF Backed by Bitcoin and T-Bills

NYSE Arca has formally applied to the Securities and Exchange Commission (SEC) for a rule change that would allow it to list shares in a proposed bitcoin investment trust. The United States Bitcoin and Treasury Investment Trust, managed by Wilshire Phoenix Funds, would invest exclusively in bitcoin and short-term U.S. Treasury securities, according to a […]

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Ripio Is Launching a Crypto Exchange for 3 Latin American Nations

Ripio, a startup that’s been working to boost crypto adoption in Argentina, is opening a new exchange platform for three Latin American markets. The exchange will operate in Argentina, Brazil and Mexico, though due to regulatory hurdles, only fixed-price purchases will be available for Mexican users, Ripio CEO Sebastian Serrano told CoinDesk at Consensus 2019. The […]

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Coinbase Rolls Out Trading in USDC Stablecoin to 85 Countries

Cryptocurrency exchange Coinbase is expanding trading in the dollar-pegged stablecoin USD Coin (USDC) to 85 nations worldwide. In a blog post Tuesday, the firm said it now offers crypto-to-crypto trading for USDC in those countries on both its retail site Coinbase.com and its Coinbase Pro service. The firm touted the strengths of the token in the post, […]

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Crypto Wallet Abra Adds In-App Support for ‘Thousands’ of US Banks

Cryptocurrency wallet and investment app Abra now allows users to connect accounts from “thousands” of U.S. banks, the firm announced Thursday. The expanded bank options come courtesy of an integration with Plaid, a fintech service that enables applications to connect with users’ bank accounts using APIs. Until now, Abra users in the U.S. and EU […]

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London-Listed Argo Blockchain Adds 1,000 Miners in Bid to Salvage Stock Price

Publicly listed crypto mining firm Argo Blockchain has said it’s expecting to break even this quarter after a recent investment in new equipment. In a press release posted on the London Stock Exchange (LSE) website Wednesday, the struggling firm said that its new batch of 1,000 Bitmain Z11 miners came into production last week and […]

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Binance’s Compliance Drive Continues With New Elliptic Partnership

Cryptocurrency exchange Binance is continuing to ramp up its regulatory compliance efforts. The exchange has just partnered with blockchain analytics startup Elliptic to boost its compliance and security capabilities, Elliptic announced Thursday. The new partnership – the third relating to compliance in the last two months – will help Binance combat money laundering as it grows […]

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We.Trade Co-Founder Mancone Is Leaving the Enterprise Blockchain Firm

Roberto Mancone, the charismatic chief operating officer of trade finance platform we.trade, is leaving the company. One of the co-founders of we.trade, Mancone said he was proud to have led the platform as it became a legal entity and to have seen it grow from seven banks to 14. However, he said his own personal […]

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Circle’s SeedInvest Takes Step Toward Tokenizing Stocks With Trading License

Equity fundraising platform SeedInvest, which was recently acquired by cryptocurrency startup Circle, can now operate as an alternative trading system (ATS), the companies announced Friday. SeedInvest and Circle said in a blog post that the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization that oversees broker-dealers and securities exchanges in the U.S., granted the crowdfunding startup […]

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