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The Daily: Coinbase Increases Trading Limits, ABCC Opens in Malta, Omniex Hires Former Regulators

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On Wednesday, The Daily features a couple of announcements from Coinbase: the US crypto exchange enables instant purchasing with increased daily trading limits and is now accepting ETC deposits on its Coinbase Pro platform. We’ve also covered the opening of ABCC’s European headquarters in Malta and Omniex’s decision to appoint two former regulators as advisors. … Read more

ABCC Announces Opening of European HQ in Malta and Sponsorship of Delta Summit 2018

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7 Aug 2018 – SINGAPORE: ABCC Digital Asset Exchange (ABCC), the world-class cryptocurrency exchange, has announced the opening of its first European headquarters in Malta as well as its sponsorship of the Delta Summit 2018, the Maltese government’s official blockchain event. The strategic decision comes as part of ABCC’s ongoing commitment to strengthen its presence … Read more

Regulations Round-Up: Malta Clarifies Law, UK Wealth Managers Urge FCA Action

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In recent regulatory news, Malta’s financial regulator has sought to clarify the nation’s cryptocurrency regulations following the passing of an act pertaining to crypto assets, UK-based wealth managers have called for the FCA to take a strong stance regarding cryptocurrencies, and the deputy governor of Bank of Israel has predicted that cryptocurrencies will contribute to … Read more

New BATM Supporting BTC, BCH Launches in Sofia

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A crypto teller machine exchanging a number of cryptocurrencies with fiat, including bitcoin (BTC) and bitcoin cash (BCH), will be operational next week in a Sofia mall. The BATM is a two-way device that will accept euro, dollar and Bulgarian lev deposits. It will also buy cryptos and print paper wallets.   Also read: Eastern … Read more

Malta Stock Exchange to Develop Two New Platforms for Security Tokens

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The Malta Stock Exchange has separately announced today that MSX, the innovation, digital and fintech arm of the group, will be developing two new platforms for listing and trading security tokens. Neufund is developed in partnership with Binance, and OKMSX in collaboration with Okex. Also Read: No Insider Trading, Market Manipulation and Misleading Ads – … Read more

Powerful Cryptocurrency Firms on the Road Towards Becoming Banks

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When bitcoin came out, supporters believed that the decentralized cryptocurrency would decimate the banking industry. Years later, as digital currencies became more mainstream, these networks were suddenly commanding billion dollar valuations. Meanwhile, cryptocurrency exchanges, brokerage services, and over-the-counter market makers have started to look into purchasing shares of banks and even becoming the banks themselves. … Read more