Investment Firm VanEck Attempts New Bitcoin ETF Filing, Aims at Institutional Players

  VanEck and SolidX Partners Inc. have filed a request to list a Bitcoin-based exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), Bloomberg reports June 6. VanEck is an NYC-based investment management firm with $38 bln under management and SolidX is a provider of blockchain software development and financial ser...
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Chinese Central Bank Develops Blockchain System to Digitize Paper Checks

  The People's Bank of China (PBoC) has revealed a blockchain -powered system to digitize paper checks, local media Financial News reports June 5. The system aims combat financial fraud as well as reduce expenses for printing checks. According to Di Gang, an official at the bank's digital currency research department, the platform comes after ...
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Swiss Bank Becomes First in Country to Offer Business Accounts to Crypto Companies

Hypothekarbank Lenzburg has become the first bank in Switzerland to provide business accounts to blockchain and cryptocurrency companies, Cointelegraph auf Deutsch reported June 6. While Falcon Private Bank has provided crypto asset management services since last year, Hypothekarbank Lenzburg CEO Marianne Wildi confirmed that they are first bank in...
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Coinbase Acquires Financial Services Firm to Become SEC-Regulated Broker Dealer

  Leading US cryptocurrency trading platform Coinbase initiated the process to become a fully regulated broker dealer by the US Securities and Exchange Commission (SEC). According to an announcement published June 6, this is made possible by the acquisition of securities dealer Keystone Capital Corp. in addition to Venovate Marketplace, Inc., ...
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SEC Chairman Jay Clayton Says Bitcoin Not a Security, Most ICOs Likely Are

  Jay Clayton, the chair of the US Securities and Exchange Commission ( SEC ), believes that Bitcoin (BTC) is not a security since it acts as a replacement for sovereign currencies, CNBC reports today, June 6. Clayton, when speaking about the "incredible promise" of distributed ledger technologies driving efficiencies in markets, clarified dur...
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‘WE THINK IT IS GOING TO EXIST FOREVER’: SUSQUEHANNA OPENS BITCOIN TRADING DESK

  US financial company Susquehanna International Group announced it will offer Bitcoin trading to 500 clients following two years of offering the cryptocurrency in "private deals," the New York Times reports. CRYPTO ASSETS WILL 'CHANGE FINANCIAL SERVICES' Susquehanna International Group , an international trader which has headquarters in Penns...
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Crypto Exchange Huobi to Bankroll Own Blockchain With $100 Mln Dev Fund

  Huobi, is announcing the launch of its new public blockchain , the Huboi Chain Project (HCP), the company's spokesperson told Cointelegraph. As of press time, Huobi is the world's third largest digital currency exchange by trade volume, according to Coinmarketcap . In order to create the new blockchain, Huobi will fund the Huobi Chain Superh...
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South Africa’s Central Bank Pilots Tokenized Fiat Interbank Payment System

  South Africa's Central Bank (SARB) has successfully piloted a Proof-of-Concept (PoC) for an interbank payment system that tokenizes fiat using Quorum , according to an SARB press release published June 5th. Quorum is an Ethereum -based private blockchain. According to SARB's report on the pilot, dubbed 'Project Khokha,' all of the bank's goa...
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Coinbase Wants to Pounce on Another Cryptocurrency Paradise: Japan

Coinbase Inc., the operator of the largest U.S. cryptocurrency exchange, is setting up shop in Japan, where much of the world's bitcoin trading takes place. The San Francisco-based company named Nao Kitazawa, a former Morgan Stanley banker turned fintech executive, as its new Japan CEO. Coinbase said it is working with Japanese regulators to ensure...
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What is Bitcoin?

  To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of ba...
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Coins, Tokens & Altcoins: What’s the Difference?

  This article explores the subtle differences between cryptocurrency coins and tokens, and why the term "cryptocurrency" is a misnomer. Cryptocurrencies can be extremely hard to wrap our heads around, especially since their underlying technology – the Blockchain – is shrouded in computing language and terminology that is technical in nature. ...
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BITCOIN FOR BEGINNERS - ULTIMATE GUIDE

BITCOIN FOR BEGINNERS - ULTIMATE GUIDE FROM THEBITCOIN.PUB LET'S LEARN TOGETHER! Cryptocurrencies are becoming more popular by the day, and many new investors want to know: What's the best cryptocurrency to invest in? If you have decided that you want to jump into this rapidly growing market, then there are some very important things that you need ...
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