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Puerto Rico Approves Combination Bank for Fiat and Digital Assets

The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX). дальше »

2019-4-3 00:47


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We Can’t Take Wells Fargo’s and Mastercard’s Blockchain Bearishness Seriously (And Neither Should You)

CEOs of major financial companies are jumping on the bearish-on-blockchain bandwagon, with both Wells Fargo’s and Mastercard’s CEOs telling CNBC’s Andrew Ross Sorkin that blockchain’s utility in the business world is still unproven and unclear at the Fintech Ideas Festival on Wednesday. дальше »

2019-3-29 10:00


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20


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India: Startup Mudrex Launches Crypto Bot Service for Investors

In a first in India, Bengaluru-based startup Mudrex has ventured into the business of providing bot-based crypto trading services investors, reports Economic Times, February 28, 2019. Automating Crypto Trading Although the Indian cryptocurrency ecosystem looks stunted due to uncertainty surrounding its legal status, businesses in the country have not shied away from entering the cryptospace. дальше »

2019-3-1 12:00


Crypto Facilities Acquired by Kraken, But Will Continue to Be Under FCA Surveillance

Considering the euro volume and liquidity, Kraken is presently the largest Bitcoin exchange in the world, giving them plenty of capital to move around. To broaden their business opportunities, the company has chosen to purchase Crypto Facilities, an exchange in London that primarily offers derivatives trading services, while acting as an index provider. The purchase […] дальше »

2019-2-6 07:27