Financial Services

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Swiss Regulators Aim to Give Crypto Firms Better Access to Financial Services

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Switzerland is attempting to position itself as a hub for cryptocurrency activity. Surprisingly, it seems the country’s policymakers are intent on bridging the gap between cryptocurrency and traditional banking. Depending on how the current situation evolves, cryptocurrency firms may soon have full access to traditional banking services. Switzerland Embraces Cryptocurrency Multiple interesting cryptocurrency-related developments have … Read more

Gun Industry’s Concerns Over Access to Financial Services Create Opportunities for Bitcoin

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Finding new use cases for Bitcoin and other cryptocurrencies has not been easy or straightforward. It now seems a new potential use case is on the horizon, as the gun industry is getting fed up with bankers’ attitudes. Guns and Cryptocurrency Most people will agree Bitcoin and other cryptocurrencies do not have the best of … Read more

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

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In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies. … Read more

Japanese Crypto Exchange GMO Vows to Improve After Regulator Orders Upgrades

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The cryptocurrency exchange subsidiary of the Japanese internet giant GMO has detailed its plans to improve its operations. GMO Coin has submitted a business improvement report to the country’s financial regulator. GMO Internet has also set up an information security audit office for the entire group. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With … Read more

PR: FLOGmall Ready to Share Revenue with Investors

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A platform created for those looking to buy or sell various goods and services using tokens is announcing a new income opportunity. The international e-commerce platform FLOGmall is launching a revolution in the world of investment: it is ready to share revenue with token holders starting on the platform’s first day of operations. It would … Read more

What Is BitShares?

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Cryptocurrency aficionados are familiar with the concept of BitShares. This particular project offers a wide variety of financial services in a decentralized manner. More specifically, there’s a big focus on decentralized exchanges and banking on the blockchain. Even though this project has been around for several years, now is a good time to take a … Read more

British Bank Says “No” to Crypto Firms from Gibraltar

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Less than a week since it started licensing blockchain businesses, Gibraltar has received bad news from the United Kingdom. A leading British bank has refused to process orders from crypto firms based in the overseas territory. Gibraltan banks are now on the lookout for another UK banking partner. Also read: Britain: Where You Can Bet … Read more