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Banking licenses in 2019 for SEBA Crypto AG

7.98 (165 users)
Wrote by: amudotcom, 1 month ago
● SEBA Crypto AG, the Swiss Crypto Bank Startup may become . prospective bank by 2019.
● The banking and securities dealer license is expected to be gained by first half of 2019 from the Swiss financial market regulator FINMA.
● Further capital is expected to be raised through an Initial Coin Offerng (ICO).
9.117 (120 users)
Rate - added by amudotcom - 14 hours ago
● Gemini has launched a mobile wallet for its Cryptocurrency users.
● The mobile wallet will allow customers to trade cryptocurrencies, view crypto prices and even set price alerts.
● It also features the Cryptoverse offering which allows customers to purchase all coins offered simultaneously.
8.900 (90 users)
Rate - added by amudotcom - 10 hours ago
● The HODL Exchange Traded Product (ETP) saw record trading volumes last Thursday and Friday inspite of a bear market.
● It traded 53,233 shares and 62,986 shares which is a major increase from the average of 20,000 shares per day.
● There is a negative correlation between price and volume meaning trading volume rises as BTC price falls and vice versa.
8.096 (94 users)
Rate - added by amudotcom - 10 hours ago
● Samsung has filed three Blockchain related trademark requests for smartphones.
● It hints that Samsung may join HTC's Exodus 1 and Sirin Lab's FINNEY in entering the Blockchain smartphone market.
● The three patents are called Blockchain KeyStore, Blockchain key box and Blockchain Core.
8.045 (146 users)
Rate - added by amudotcom - 14 hours ago
● Binance has opted to use the Delegated Byzantine Fault Tolerance (dBFT) for Binance Chain.
● NEO too deploys the use of dBFT.
● The dBFT framework is an iteration of the proof-of-stake mechanism.
● Binance Chain will look at dBFT to help in the high tolerance of bad actors who try to affect the network.
7.258 (66 users)
Rate - added by amudotcom - 7 hours ago
● Maria Paula Fernandez, organizer of ETHBerlin has created a repository to connect unemployed Blockchain specialists with jobs.
● She is using Twitter to spread the news to her contacts and network.
● Downsizing has occurred in Blockchain companies such as ConsenSys, Spank Chain, Bitmain and Steemit due to the bear market.
7.035 (144 users)
Rate - added by amudotcom - 14 hours ago
● The Dutch Central Bank, De Nederlandsche Bank has noted that soon Cryptocurrency companies will need to get a license.
● According to the bank, the license is needed to ensure no money laundering or financing of terrorism occurs.
● An investigation highlighted more than $88 million in 2 years has been laundered through Cryptocurrency.
6.963 (94 users)
Rate - added by amudotcom - 14 hours ago
● Yulia Tymoshenko, the former prime minister of Ukraine is planning to use Blockchain to tackle corruption.
● Tymoshenko understands that Blockchain is a very important tool for public administration.
● She believes state registries should be stored on a Blockchain.
6.866 (116 users)
Rate - added by amudotcom - 14 hours ago
● APMEX, a leading precious metals retailer founded OneGold which will accept Bitcoin and Bitcoin Cash as payment.
● The CEO of OneGold firmly believes that Cryptocurrency helps in transparency and efficiency for business expansion.
● The company has partnered up with BitPay to ensure wild fluctuations and payments are handled for Cryptocurrency.
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8.949 (197 users)
Rate - added by amudotcom - 1 day ago
● A MP of United Kingdom's Parliament Eddie Hughes has spoken about how he wants residents to pay taxes in Bitcoin.
● He believes it will help Cryptocurrency adoption.
● Hughes has also stressed the importance of members of Parliament understanding Blockchain and Cryptocurrency.
8.000 (226 users)
Rate - added by amudotcom - 1 day ago
● Paypal has launched an internal private Blockchain based platform for it's staff.
● Paypal's staff can earn more tokens by enrolling in learning programs.
● The tokens cannot be tradable outside of the system, but only on its own Blockchain.
● The tokens can be used for experiences such as poker tournaments, martial arts and other activities with head executives.
7.965 (159 users)
Rate - added by amudotcom - 1 day ago
● Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) have gone live on Coinbase Pro.
● These four coins are all ERC20 tokens.
● Majority of these coins spiked upwards following the listing.
7.958 (212 users)
Rate - added by amudotcom - 1 day ago
● The United Nations International Children's Emergency Fund (UNICEF) has invested in six Blockchain startups.
● A total of $100,000 USD has been invested.
● The six startups include Atix Labs, Onesmart, Prescrypto, Statwig, Utopixar, and W3 Engineers.
7.911 (180 users)
Rate - added by amudotcom - 1 day ago
● The Guardian has exposed failures of popular cross-border payment system SWIFT.
● Ripple has proved that it will be able to compete given SWIFT's traditional methods which are slow, expensive and inefficient.
● Ripple has been actively working on partnerships with large financial institutions and so is a severe threat to SWIFT.
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7.163 (184 users)
Rate - added by amudotcom - 1 day ago
● IOHK, the Blockchain research and development company has announced two new tools for writing smart contracts for Cardano.
● The two tools are called Plutus and Marlowe, which is in test format as of now.
● It will allow startups, financial services and fintech companies to prepare Blockchain contracts to run on Cardano.
7.010 (243 users)
Rate - added by amudotcom - 1 day ago
● Binance has been rated to be unsuitable for institutional investors by Weiss Ratings.
● The comments come after Binance's new sub-account feature aimed at institutional investors.
● The position by Weiss Ratings towards Binance maybe due to inadequate security, and integration with trading systems.
6.968 (216 users)
Rate - added by amudotcom - 1 day ago
● A relatively new Stablecoin, StableUSD (USDS), was recently added to Bittrex.
● StableUSD is fully backed and redeemable 1-to-1 for US Dollars.
● Stably is the company behind StableUSD with more listings on exchanges to follow.
6.084 (178 users)
Rate - added by amudotcom - 1 day ago
● Korean Cryptocurrency exchange, Coinone has released a Ripple based platform called Cross.
● Cross utilizes xCurrent for faster and cheaper transactions.
● As of no it deals from Korea to/from Philippines and Thailand but will expand across Southeast Asia soon.
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