The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple. The FinTech company is accused of selling unlicensed securities in the form of its XRP tokens. Exchanges and asset managers are removing the cryptocurrency from their offerings. Last week, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, CEO Brad Garlinghouse […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Breakout above consolidation level at 24’000 USD leads to 28’000 USD The last week of the old year was once again a very eventful one. The pace of price increases was accelerated a bit further. But one thing at a time. We remember: The previous week […]
Unregulated stablecoins such as Tether face increasing regulatory pressure from the US government. A new bill called the Stable Act is stirring anxiety in crypto circles. It could effectively put an end to billions of dollars of transactions and throw the industry back several years. The Act calls for banking licenses for stablecoin issuers such as Tether. It […]
Zug-based “crypto bank” SEBA has announced the completion of its Series B funding round and plans to expand its digital asset services both in its home market and internationally. The additional shares are also expected to be tokenized in the near future. In August 2019, SEBA Bank was among the first financial services providers in […]
Ripple, the company behind the third largest cryptocurrency XRP, is awaiting a lawsuit from the United States Securities and Exchange Commission (SEC). The FinTech firm is being accused of selling unlicensed securities in the form of its XRP tokens. The U.S. Securities and Exchange Commission (SEC) will file a lawsuit against Ripple, CEO Brad Garlinghouse […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – New all-time high On Monday, the bitcoin price moved within a narrow trading range at the 19,000 zone. At that point, investors were looking back at a 14-day consolidation phase after the all-time high of 2017 was surpassed for the first time. Only three days earlier, […]
The world’s largest financial derivatives exchange, CME Group, is planning to launch futures for Ether (ETH) next year. The first cryptocurrency they have listed was Bitcoin (BTC) in late 2017, Ether will be the second one due to increasing client demand, according to CME. CME Group, the world’s leading derivatives marketplace, announced that it intends to launch Ether (ETH) […]
The regulatory framework for the Distributed Ledger Technology (DLT) in Switzerland was being worked out for years already. The adaption of Swiss law is now getting to the final stages, with overwhelming support from the Federal Council, and expected to be completed in 2021. Switzerland has been developing a regulatory framework for DLTs since 2014, following the principle […]
We’ve just witnessed the biggest purchase of a blockchain-based digital artwork collection in history, smashing the previously held record by hundreds of thousands of dollars. The artist behind this historic sale is Mike Winkelmann who works under the moniker ‘Beeple.’ Beeple broke the record for the largest sale of a blockchain-based collection of digital artwork by hundreds […]
Sygnum has successfully tokenized its shares, becoming the world’s first bank to issue its shares on a distributed ledger. Tokenization of its own shares lays the foundation for their future public offering, which includes a potential dual listing in partnership with SIX Digital Exchange (SDX). In a world’s first for a bank, Sygnum today announced the successful […]
