eToroX launches crypto exchange including suite of unique stablecoins

eSecure, regulated exchange to help traders access tokenized assets   eToroX, the blockchain division of global investment company eToro, has today announced the launch of its crypto exchange – a secure and regulated trading venue offering a range of cryptoassets as well as a suite of stablecoins.   Commenting on the news, Yoni Assia, Co-founder and CEO of eToro, said: Just as eToro has opened up traditional markets for investors, we want to do the same in the tokenized world. We want to bring crypto and tokenized assets to a…

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Congressional Hearings: Blockchain Leaders Share Commentary on Congressional Hearings on Digital Assets.

  As reported earlier today, two U.S. Congressional Hearings on Cryptocurrencies commenced yesterday to debate the future of digital assets and cryptocurrency.  The hearings were live-streamed and viewed by many blockchain and cryptocurrency experts globally.  Guy Hirsch, US Managing Director of eToro, he believes the hearings are a “great step in the right direction.”     A number of Industry leaders have shared their takeout from the hearings:-   Deepak Jain, CEO of Swych said “The banking system has taken a century to barely cover half the world while the…

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eToro on #CryptoCongress: Laws Will Have Global Impact, Regs Need to Hear Global Perspectives

Two U.S. Congressional Hearings on Cryptocurrencies commenced on 18 July, 2018. Firstly, the House Committee on Financial Services held a live congressional hearing which started on 18 July in Washington, D.C. entitled “The Future of Money: Digital Currency”, followed by the House Agriculture Committee.     The House Committee on Financial Services released a memo prior to the hearing stating “This hearing will examine the extent to which the United States government should consider cryptocurrencies as money and the potential domestic and global uses for cryptocurrencies. The Subcommittee will evaluate…

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Nasdaq Open To Becoming Crypto Exchange — Blockchain Experts Comment

Today, Nasdaq CEO Adena Friedman said that Nasdaq is open to becoming a crypto exchange. Joseph Weinberg, OECD Special Advisor and Chairman of Shyft, a blockchain protocol for KYC/AML, and Yo Kwon, CEO of Hosho, a blockchain cybersecurity firm, comments from two unique perspectives on what this means from regulatory and security perspectives.   Joseph Weinberg, OECD Think Tank Special Advisor & Shyft Chairman believes “this could be a great thing! Regulation, again, is a massive roadblock to something like this happening. You need to solve and create an informed…

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Unified Global Cryptocurrency Regulation called for by G20

Last year, 2017, was most certainly the year of the ICO, and 2018 could prove to be the year of regulation.  At the G20 meeting of finance ministers in Buenos Aires, it was agreed by the member nations that more information on cryptocurrencies needs to be gathered and examined.  However, countries do see cryptocurrency as an asset, not a currency.     As cryptocurrency fever takes hold of the world, regulators in various countries are making their positions known.  In the USA, the Securities and Exchange Commission (SEC) has issued…

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The First Hotel Asset-backed ICO Cryptocurrency launching soon

In a recent interview on CNBC with Kevin O’Leary from Shark Tank fame, he said is involved in a deal to allow a “very prestigious brand hotel” in New York sell ownership in the company.  This will be done using a $400 million cryptocurrency offering instead of a stock IPO.     O’Leary could not reveal the name of the hotel yet because of a nondisclosure agreement, however, all will be revealed soon.   “Instead of a stock, a share, it’s a coin. With a smart contract approved by the…

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