Finance

Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely

2 weeks ago admin2 Comments Off on Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely
Finance Yukio Noguchi, a famous economist in Japan and an advisor to Waseda University’s Business and Finance Research Center argues we can’t expect Bitcoin’s prices to rapidly surge again. In his books and in recent articles, Noguchi makes his case eloquently. He wrote a recent article in Diamond Weekly clarifying his position but has been Read More

CEO of UBS: Blockchain Will Transform Cost Base of Financial Services Industry

4 weeks ago admin2 Comments Off on CEO of UBS: Blockchain Will Transform Cost Base of Financial Services Industry
The CEO of Swiss financial services provider UBS Group Sergio Ermotti said that blockchain will be essential for the financial services industry in an interview with CNBC June 18. Ermotti said that the underlying technology of cryptocurrencies will allow “ freeing up of resources to become more efficient,” adding that “ is a great way Read More

Swiss Crypto Company Acquires License to Distribute Funds to Investors

4 weeks ago admin2 Comments Off on Swiss Crypto Company Acquires License to Distribute Funds to Investors
Finance Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Read More

Coinbase Cryptocurrency Index Fund Now Open For Investment

1 month ago admin2 Comments Off on Coinbase Cryptocurrency Index Fund Now Open For Investment
Finance Coinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. The company is now working on “launching more funds which are accessible to all investors and cover a broader range of digital assets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Read More

South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency

1 month ago admin2 Comments Off on South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency
Finance The South Korean government is mulling over how to cash out the cryptocurrency it recently confiscated. While the most likely option is to auction the coins off using the government-owned auction platform, various concerns have been raised. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cashing Out BTC The South Korean government is Read More

CFTC Publishes Advisory On Listing Cryptocurrency Derivatives

2 months ago admin2 Comments Off on CFTC Publishes Advisory On Listing Cryptocurrency Derivatives
Finance The United States Commodity Futures Trading Commission (CFTC) has issued an advisory for exchanges and clearinghouses providing guidance pertaining to the assessment and listing of cryptocurrency derivatives. Also Read: Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics CFTC Issues Advisory Regarding Cryptocurrency Derivatives The CFTC’s Division of Market Oversight (DMO) and Division of Read More

Nasdaq CEO Adena Friedman is Bullish on Cryptocurrencies

2 months ago admin2 Comments Off on Nasdaq CEO Adena Friedman is Bullish on Cryptocurrencies
Finance The chief executive officer of Nasdaq, Adena Friedman, discussed cryptocurrency and blockchain, among a number of subjects, in an interview with CNN. In the interview, Mrs. Friedman expressed bullish optimism for the future of cryptocurrency. Also Read: Xapo Estimated to be Housing 6.25% of Total BTC Supply Nasdaq CEO Bullish on Cryptocurrency In the interview Read More

Novogratz Launches Benchmark Index of 10 Cryptocurrencies

2 months ago admin2 Comments Off on Novogratz Launches Benchmark Index of 10 Cryptocurrencies
Finance Well-known hedge fund manager Michael Novogratz has launched a cryptocurrency benchmark index in partnership with Bloomberg. The index, designed to track the performance of the largest, most liquid coins, consists of 10 cryptocurrencies at its inception. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Crypto Index Michael Novogratz. Galaxy Digital Capital Management Read More

Interest in Cryptocurrency Derivatives Drives CFD Marketplace’s Revenues up 284%

2 months ago admin2 Comments Off on Interest in Cryptocurrency Derivatives Drives CFD Marketplace’s Revenues up 284%
Finance Derivatives trading platform provider Plus500 posted a 284% increase in revenues in the first quarter of this year compared to the previous year, largely due to high levels of interest in its cryptocurrency CFDs offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Triple Digit Rise On Tuesday, contracts for difference (CFDs) market Read More

Japanese Forex Giant GMO to Launch New UK Crypto Trading App

3 months ago admin2 Comments Off on Japanese Forex Giant GMO to Launch New UK Crypto Trading App
Finance Japanese brokers already dominate the global online retail FX and CFD market by trading volumes. And it now looks like they will try to leverage their country’s receptive regulatory environment to expand internationally with crypto too. The latest example is an app in the UK created by two groups headquartered in Tokyo. Also Read: Read More