Jump to content

All Activity

This stream auto-updates     

  1. Past hour
  2. Today
  3. Articles and hashtags referenced:https://twitter.com/officialmcafee?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor #bitcoin #bitcoins ...
  4. Fidelity Digital Asset Services (FDAS) recently applied for a trust license in the state of New York. Does this mean mass crypto adoption is on the way? Everyone Wants a Slice of Crypto Pie Rumor has it Fidelity Digital Assets (FDAS) officially filed an application to operate as a trust in the U.S. state of New York. According to The Block, Fidelity’s cryptocurrency investment arm filed an application with the New York Department of Financial Service (NYFDS) and if approved the institutional brokerage will be allowed to offer crypto-custodial services in the state. The approval would also allow FDAS to compete with the likes of Coinbase, Gemini and Paxos. ICE’s Bakkt Bitcoin exchange is also awaiting approval from NYDFS and the exchange will directly compete with Fidelity. According to Arthur Long, a lawyer from the firm Gibson Dunn, a trust license is “more expansive” than a BitLicense as it permits service providers to offer a much broader array of services in financial markets. Fidelity Plans to Offer More than Custodial Services Bloomberg previously reported that FDAS was planning to move beyond crypto-custodial services and looking to provide trading services on part of institutional clients. Insiders familiar with FDAS’ plans said the brokerage has also been meeting with traditional asset managers and crypto-specific firms to offer services. Currently, the firm has former Barclays’ Head of Digital Assets Chris Tyrer on board, along with former Coinbase executive Christine Sandler, who heads FDAS sales. Given the length of time Bakkt has been waiting for approval, it could be a while before FDAS receives approval. Long explained that the approval to operate as a Limited Purpose Trust Company is extremely rigorous and he said the process could take up to 6 months. In May Long told The Block: Any bank or trust company is going to have to go through a substantial process so that the regulators understand the business. While crypto investors are extremely excited about FDAS’s plans, it’s unlikely that services for retail investors will be made available any time soon. FDAS head Tom Jessop previously said that: We are not prop trading, we don’t have a desk. We are purely acting as effectively an agent, and that’s what our clients want. Our clients want to avoid the issues associated with funding on multiple exchanges, both administrative risk, or otherwise, they want something resembling the best price experience, and so we’ll try to do that by bringing liquidity onto our platform. Institutions have the Long Game in Mind What’s clear is that institutional investors are taking a bird’s eye view of the growing cryptocurrency sector and for them, time is nothing more than a luxury. Even though Bakkt has not been approved to operate as a Limited Purpose Trust Company in New York, the exchange still plans to conduct a test launch on July 22 and traders will be watching the charts closely to see if Bitcoin price action is impacted by the launch. Do you think Bitcoin price will go straight for the stars if FDAS and Bakkt are approved by NYDFS? Share your thoughts in the comments below! Images via Shutterstock The post Fidelity’s Crypto Wing Seeks NY State Trust License appeared first on Bitcoinist.com. View the full article
  5. ripple #crypto If you feel like I should be paid for my content: Paypal Donations: https://tinyurl.com/y7stxasr XRP Tip Bot $reddit.xrptipbot.com/oakholmen Patreon ...
  6. Tune in and find out the latest Bitcoin news and the latest cryptocurrency news from today! ▷Become a CryptosRus INSIDER to gain exclusive insight on the ...
  7. The Federal Trade Commission (FTC) is coming down on Equifax Inc with the strength of an angry kitten. The credit bureau is reportedly expected to pay around $650 million after they exposed the private information of more than 145 million customers in the summer of 2017. The information included names, addresses, driver license numbers, and […] The post Equifax to Pay Fine, FTC Lets Another Bad Guy Off the Hook appeared first on CCN Markets View the full article
  8. BITCOIN PRICE ANALYSIS & CRYPTO NEWS! THUMBS UP & SUBSCRIBE NOW + ! *** VIP PRIVATE TRADE ALERTS - https://t.me/VIPELITE ...
  9. Join the BEST trading group on YouTube! https://www.patreon.com/cryptobitcoinchris Crypto Payments Accepted! 6 month minimum Crypto ...
  10. This Week in Dash: July 15 - July 20th This week has been another fantastic week with Dash network developments, integrations and general news. Keep reading to get a summary of the week. Dash Network Developments of the Week: Dash Hashrate Reaches New All-Time High, Outpaces Competitors: Dash’s...
  11. XRP could easily exceed $ 300 before the end of the year. Mack Attack Says SO Dillon https://twitter.com/Dillon/status/1152698636901507073 BOA Patant ...
  12. SUBSCRIBE if you enjoy these type of videos! Thanks for watching! Twitter: https://twitter.com/TheCryptoviser Join Coinbase & Get Free Bitcoin: ...
  13. Prospectors Game Tutorial - Beginners Guide Explained : Like, Subscribe & Turn on Notifications : Prospectors Game: ...
  14. There's an interesting BAML patent for a Ripple DLT implementation that doesn't fit the xRapid model that's been described to us by Ripple. Are trust lines and ...
  15. Seemingly out of nowhere, the bitcoin price rocketed past the psychologically important $11,000 level this weekend. No doubt traders are getting whiplash from the dramatic swings, as the range-bound BTC then pulled back to just over $10,900. Not too long ago, Galaxy Digital CEO Michael Novogratz predicted that BTC would be range-bound for a while, […] The post Bitcoin Flexes Its Muscle, Reclaims $11,000 in Abbreviated Weekend Rally appeared first on CCN Markets View the full article
  16. Bitcoin outflows on BitMEX exceeded inflows by $73 million after the exchange was reported to be investigated by the CFTC View the full article
  17. Bitcoin dominance is continuing​ to grow, what does that mean for altcoins? This is something Billy will talk about as well as the latest from Bakkt and the ...
  18. Yesterday
  19. FREE 4 Day Cryptocurrency Trading Course | http://bit.ly/IE4DCOURSE ○ PREMIUM EDUCATION Trade Crypto With Me LIVE Everyday (A-Z Education ...
  20. Bitcoin retakes $11K following turbulent week for crypto View the full article
  21. Coinbase CEO Brian Armstrong said that he expects the company to be less about trading and more focused on driving crypto adoption View the full article
  22. Articles and hashtags referenced:https://cointelegraph.com/news/china-ruling-bitcoin-is-property-again-is-major-milestone-says-investor #bitcoin #bitcoins ...
  23. Professional Mentors, Exclusive Signals and Setups, Custom Indicators & Strategies, Educational Material, and much more.
  24. SWIFT GPI Instant settles in 14 seconds!!!! Well, not exactly. I break down why GPI will never truly compete with Ripplenet, and how SWIFT's 14-second ...
  25. Big EVENT Bitforex and GRIN. Rewards 0.2 GRIN up to 2000 GRIN ($6000).🔥🔥🔥🔥🎁🎁🎁🎁 How to join : 1.Register here👉 2.Set up SMS verifications or Google authenticator verification 3.Provide your BitForex account UID on the event form to confirm participation. NOTE : What is UID? Check on your UID by moving your mouse to the top right coner of the main page on your phone number and email address area. Join the Telegram channel: 👉https://t.me/KRIPTOBUMER
  26. Here is an edit of one of my trading days this week with some highlights of my life! Hope you enjoy! 1. Free Techbud Solutions Group: ...
  27. Eric's Official Website - https://krownstatus.com/ ▻ Check Out Eric's YouTube Channel - https://www.youtube.com/channel/UCnwxzpFzZNtLH8NgTeAROFA ...
  28. After dipping below $9,500 earlier this week, Bitcoin approaches $11,000, while top 20 coins are seeing major gains View the full article
  1. Load more activity

Cryptocurrenytalk Logo

 

News, information, and discussions about cryptocurrencies, blockchains, technology, and events. Blockchaintalk is your source for advice on what to mine, technical details, new launch announcements, and advice from trusted members of the community. Cryptocurrencytalk is your source for everything crypto. We love discussing the world of cryptocurrencies.

 

   
×
×
  • Create New...

Important Information

By using CRYPTOCURRENCYTALK.COM, you agree to our Terms of Use.