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Fidelity Investments Seeks Approval for a US Bitcoin ETF

Fidelity Investments Seeks Approval for a US Bitcoin ETF

The US asset management giant, Fidelity Investments, applies for a Bitcoin ETF in the U.S.

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.

VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review

VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review

On September 17, the US Securities and Exchange Commission (SEC) officially announced that the Chicago Board Options Exchange’s (CBOE) Equity Exchange had withdrawn its application for the VanEck/SolidX bitcoin ETF proposal on September 13.

Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar

Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar

Veteran technical trader Peter Brandt cashed out his stock and Bitcoin portfolio just before the market crash on 3rd September.

US Senator Sherrod Brown: Facebook is delusional

US Senator Sherrod Brown: Facebook is delusional

“Mark Zuckerberg has said that Facebook is more like a government than a company. That’s delusional.” US Senator Sherrod Brown said in a video tweet.

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.

Crypto Wallet and Data Giant Reported to Raise $50M Funding Round

Crypto Wallet and Data Giant Reported to Raise $50M Funding Round

According to a report by Yahoo Finance, Blockchain is raising a VC fund to invest in both equity and crypto coins.

Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain

Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain

Traditional equity swaps have to be continuously updated for multiple variables. These include different interest rates, end-of-day market prices, and corporate actions like stock splits and dividend payments. Financial institutions need to hire many people to verify the process until the swap completion, which in some rare cases, could take months.

Enigma Settles With US SEC Over Unregistered 2017 ICO

Enigma Settles With US SEC Over Unregistered 2017 ICO

The US Securities and Exchange Commission (SEC) recently announced it has settled charges against blockchain startup Enigma MPC.

Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court

Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court

The Delaware court has ruled that Ripple shareholder Tetragon will not be able to reclaim its Ripple equity in cash.

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