Binance, the world’s largest exchange, has announced they’ve invested $3 million in over-the-counter (OTC) trading platform, Koi. They’re eager to bolster Koi to help meet their own goals of broadening investment opportunities in the crypto market. San Francisco-based Koi Trading is an OTC desk geared mainly towards institutional investors and wealthy individuals. Binance seems to … Continue reading “Binance Labs Invests in OTC Trading Desk, Koi”
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Circle CEO: We Need Global Cryptocurrency Rules
Author Eric Van OrmanPosted on Categories Business, Crypto Technology, Cryptocurrency, General, News, Regulations, UncategorizedLeave a comment on Circle CEO: We Need Global Cryptocurrency RulesMajor economies should launch coordinated regulation systems for cryptocurrencies. This is according to the chief executive officer of cryptocurrency startup, Circle. After all, rules are paramount in regulating the growth of the cryptocurrency industry. Ultimately the existence of rules governing cryptocurrency is paramount at the G-20 level. The Paris Based Financial Action Task Force or … Continue reading “Circle CEO: We Need Global Cryptocurrency Rules”
Coinbase Adds Its First Stablecoin, USD Coin (USDC)
Author Eric Van OrmanPosted on Categories Bitcoin, Blockchain, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, News, UncategorizedLeave a comment on Coinbase Adds Its First Stablecoin, USD Coin (USDC)The mighty crypto exchange Coinbase announced on Tuesday that its new stablecoin, USD Coin (USDC) is now available on their exchange. Until recently, one of the drawbacks to the popular exchange was that it was only supporting the top coins plus fiat But the addition of USD Coin (USDC) marks their first stablecoin and their … Continue reading “Coinbase Adds Its First Stablecoin, USD Coin (USDC)”
Four Reasons to Like Stellar (XLM) for Years to Come
Author Ian CooperPosted on Categories Altcoin, Banking, Business, CryptocurrencyLeave a comment on Four Reasons to Like Stellar (XLM) for Years to ComeOver the last week, Stellar (XLM) broke well above its 50-day moving average. In doing so, it hit a two-month high of $0.3032 from a low of $0.1903. From here, if Stellar can push higher, we could see a potential test of a July 2018 high of $0.3477. Reasons to Like Stellar at Current Prices … Continue reading “Four Reasons to Like Stellar (XLM) for Years to Come”
Major Cryptocurrency Firms Create D.C. Lobbying Group
Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, CryptocurrencyLeave a comment on Major Cryptocurrency Firms Create D.C. Lobbying GroupThe world’s biggest cryptocurrency firms have created the first industry association to lobby D.C. on issues related to digital assets and technology. For example, Coinbase, Circle, the Digital Currency Group, and Polychain Capital and Protocol Labs will be a part of it. The goal is to address how cryptocurrencies are treated under U.S. tax law. … Continue reading “Major Cryptocurrency Firms Create D.C. Lobbying Group”
