ZSE allow its subsidiary to list crypto if regulators approve

ZSE allow its subsidiary to list crypto if regulators approve
фото показано с : invezz.com

2020-10-3 13:36

It took them more than 11 years, but cryptocurrencies are finally coming to stock exchanges. Only days ago, Gibraltar Stock Exchange announced the addition of a Bitcoin Fund by 3iQ Corp. After that, Venezuela announced the creation of a ‘decentralized stock exchange’ that will offer crypto and fiat alike.

Now, the Zimbabwe Stock Exchange (ZSE) aims to have its licensed subsidiary list Bitcoin as well as other coins.

Zimbabwe Stock Exchange’s subsidiary is willing to list crypto

According to a recent report, Zimbabwe Stock Exchange will not list crypto itself, but its CEO, Justin Bgoni, revealed that its subsidiary will. The subsidiary, known as the Victoria Falls Stock Exchange, is open to listing a number of cryptos, if the regulators allow it.

At this time, there are no known details of what requirements crypto projects need to meet in order to have their tokens listed on the exchange. On top of that, Zimbabwe’s own crypto community is skeptical of the news, as it came from the stock exchange’s CEO, instead of the regulators. Lastly, it is possible that the ZSE executive simply doesn’t understand decentralized coins, how they work, and why they might not be allowed on the platform.

However, the willingness of the ZSE to have its subsidiary list Bitcoin and other coins is important news, as it shows interest from regulated institutions to go crypto.

Zimbabwe’s regulators have yet to reveal their stance

Despite the skepticism, the plan does have its supporters, such as Prosper Mwedzi, a financial services lawyer, who is also a crypto and blockchain enthusiast. He is optimistic about the entire idea, noting that exchanges fall under the Securities and Exchange Commission of Zimbabwe’s jurisdiction.

The country’s central bank was against crypto in 2018, but since then, some of its statements have shown that the bank may have reconsidered dealing with the industry.

However, the SECZ did not express their views on the crypto industry, neither supporting it, nor condemning it. In other words, Zimbabwe has yet to make its official stance on the crypto matter known, so there is a possibility that the plan may come to a realization.

The post ZSE allow its subsidiary to list crypto if regulators approve appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Safe Exchange Coin (SAFEX) на Currencies.ru

$ 0.0054306 (-0.25%)
Объем 24H $1.742k
Изменеия 24h: 1.41 %, 7d: -8.63 %
Cегодня L: $0.0053635 - H: $0.0055227
Капитализация $6.099m Rank 99999
Доступно / Всего 1.123b SAFEX

stock crypto exchange announced 3iq bitcoin corp

Источник: invezz.com

stock crypto → Результатов: 126


Фото:

Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange

The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create and deploy debt securities, funds, and equities as […] The post Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange appeared first on Bitcoin News.

2020-10-1 18:45


Фото:

Bitcoin to Hit Critical Support Level as Analysts Eye Drop to CME Gap

Bitcoin’s price is currently plunging, with the growing sell-side pressure coming from a combination of technical uncertainty, weakness in the stock market, and strength in the US Dollar BTC’s recent inability to break above $11,000 may also be one factor behind this recent turbulence, as it elucidated underlying weakness amongst bulls One trader, in particular, is now noting that he is expecting the crypto to see some serious near-term downside He is setting his sights […]

2020-9-23 02:00


VanEck Director Hints At Something Coming To Bitcoin Bigger Than Coinbase IPO

A discussion recently broke out on crypto Twitter speculating about the importance of the upcoming Coinbase IPO and its impact on Bitcoin and the greater cryptocurrency industry. And while there’s no denying the significance of a stock market listing for one of the most recognizable crypto brands in the world, another finance exec has been […]

2020-9-12 22:00


Фото:

Bitcoin (BTC) stock price corrects after a failed breakout

Bitcoin (BTC) price has been dragged lower to test weekly support near $11,000 after the buyers failed to close above the $12,000 handle last week.   Fundamental analysis: A beginning of another bull market? The largest Bitcoin exchanges and crypto wallet apps such as Coinbase, Blockchain Wallet, Binance, BRD and others registered record-high combined downloads last month, largely thanks to the fact that many institutional investors turned to BTC in the midst of unparalleled coronavirus stimulus spending.

2020-8-28 13:42


The Moon Shot: FTX Crypto Derivatives Exchange Targets Retail with $150 Million Acquisition of Blockfolio

Cryptocurrency exchange FTX that offers derivatives and options has acquired the popular portfolio tracking app Blockfolio for $150 million, paid in a combination of cash, crypto, and stock. While FTX is for professional traders that let you trade on the futures market, Blockfolio is a consumer app which has been downloaded more than 6 million […] The post The Moon Shot: FTX Crypto Derivatives Exchange Targets Retail with 0 Million Acquisition of Blockfolio first appeared on BitcoinExchangeGuide.

2020-8-26 16:39


Первый активно управляемый биткоин-ETP получил листинг на бирже SIX

Крупнейшая фондовая биржа Швейцарии SIX Swiss Exchange добавила в список торгуемых инструментов биржевой продукт Bitcoin Capital Active ETP с активной ребалансировкой биткоина против 14 альткоинов. Swiss SIX Exchange, one of the world’s largest stock exchanges, Lists Bitcoin Capital Actively Managed Crypto ETP https://t.

2020-7-28 18:02


Фото:

Bearish For Bitcoin: Nasdaq Forms Exact Signal Seen at Dotcom Bubble Peak

A common narrative that has cropped up in the crypto space is that Bitcoin is just tracing the price action of the stock market. In June, a team of analysts at Wall Street bank JP Morgan said that since March’s crash,  “Cryptocurrencies have traded more like risky assets like equities—a significant change relative to the prior couple of years.

2020-7-16 13:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto market cap surpasses the $2.5t mark following CPI data

The global cryptocurrency market capitalization has recorded an impressive momentum after the U.S. Consumer Price Index (CPI) report was released. Notably, the US CPI for April increased by 3.4% over the past year, crypto.news reported. In March, the CPI reached…

ABT token surges 26% to hit new all-time high

ArcBlock’s native token, ABT, has seen a significant surge in its market value, with a 26% rise over the last 24 hours, pushing the token to a new all-time high of $3.92. The latest surge in trading volume, which reached $31.8…

Q1 CoinShares most successful quarter in history with revenue up 216%

European crypto asset manager CoinShares has revealed that its revenue in Q1 increased by 216% since last year, with total comprehensive income increased by elevenfold. CoinShares, a European digital asset manager and crypto research firm, saw its “strongest quarter ever”…

Chinese authorities arrest six suspects in $300m crypto fraud case

Authorities in China have arrested six individuals suspected of engaging in illicit cryptocurrency transactions amounting to 2.94 billion yuan — worth roughly $300 million. According to a May 10 report by local media outlet Chinanews, the suspects were taken into…

Celsius (CEL) rallies 360% following massive token burn

The native token of the now-defunct Celsius Network, CEL, has recorded an impressive price surge following its massive token burn. On-chain data shows that Celsius burned over 94% of its total supply on April 30 — plunging from 695.65 million…