Major US crypto exchange and wallet Coinbase has begun the process to become an SEC-regulated broker dealer by acquiring securities dealer Keystone Capital Corp. in addition to Venovate Marketplace, Inc., and Digital Wealth LLC. If approved, these acquisitions will enable Coinbase to expand to other non-crypto financial products, as well as offer blockchain-based securities.
Russian Court Nix Former Court Ban Of Crypto Media Site.Russians will now be able to access crypto media website Bitcoininfo.
Leading US crypto exchange Coinbase will soon be entering Japanese markets by applying for a license with Japan's financial regulator within the year.
Coinbase is reportedly working with the Mitsubishi UFJ Financial Group on its path to enter Japan, as MUFG has been responsible for over 1 bln yen in Coinbase since 2014.Argentinian Non-profits Announce Crypto Awareness Minivan Tour.Bitcoin Argentina and Bitcoin Americana will be touring Argentina and Latin America in a minivan as part of a crypto awareness tour to even rural villages that they have named "Bitcoineta".
Both of these Indonesian adoption moves come as crypto remains unrecognized as a legal payment option in Indonesia.
Crypto Platform Circle Seeks Banking License, Trader Venue Registration From SEC.Circle is looking to obtain a federal banking license from the Office of the Comptroller of the Currency and a brokerage and trader venue registration from the SEC as a way to expand crypto services to the public.
Susquehanna International Group, an international trading and technology firm, will begin trading in Bitcoin futures, as well as allowing clients to buy and sell BTC, ETH, and BCH. The firm has also created its own systems for crypto storing, with the private keys kept off-site to make them more secure against hacks.
Risk management firm LexisNexis and Blockbid will collaborate using blockchain tech in order to increase the crypto exchange's security measures.
The crypto markets are still not seeing large gains with week, with Bitcoin below $7,500, ETH dancing around below $600, and total market cap at around $320 bln.
The GuardiCore security team has found a crypto mining and malicious traffic manipulation campaign called Operation Prowli on computers across the finance, education, and government industries.
Hodler's Digest, June 4-10: Bitcoin Adoption Galore Despite its 300th 'Funeral'
Published on Jun 10, 2018
by Cointele | Published on Coinage
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