Switzerland’s Stock Exchange SIX to release World’s first XRP Crypto ETP soon

In a recent Coindesk interview with Hany Rashwan, co-founder and CEO of the Swiss company Amun AG,  Switzerland’s primary exchange SIX could soon list another cryptocurrency-based exchange-traded product (ETP).  This latest ETP offering will track the price of XRP, the third largest crypto asset by market capitalization – ticker name AXRP.   We can comfortably say that we expect to release the world’s first XRP ETP within the next two months.” states Rashwan   Besides XRP, Amun has been granted clearance to issue ETPs linked to four additional crypto assets, including Bitcoin…

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BITCOIN NEWS TODAY – Is Worldwide adoption of Bitcoin imminent – Venezuela Government adopts Bitcoin and Litecoin – VIDEO

Is Worldwide adoption of Bitcoin imminent – Venezuela Government adopts Bitcoin and Litecoin Venezuela has been struggling with price inflation of over 1,000,00%, hyperinflation of enormous magnitude.  Government based Petro cryptocurrency was launched in 2018 which is linked to oil.   Since the introduction, the government has been pushing for its citizens to adopt the Petro and now to further cryptocurrency adoption, Venezuela is offering the citizens a platform to make efficient Bitcoin and Litecoin payments in the country.   The new cryptocurrency remittance service platform called Patria, will allow people of…

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Grayscale Launches ZEN Investment Trust

New fund becomes eighth single-asset investment product from leading digital currency asset manager   NEW YORK, SEPTEMBER 6, 2018 – Grayscale Investments, LLC, a global leader in digital currency asset management, today announced the launch of [ZEN Investment Trust], a single-asset investment vehicle solely comprised of ZEN, a privacy-focused digital currency. ZEN Investment Trust is the eighth single-asset investment product introduced by Grayscale, and the first security solely invested in ZEN. In addition to its single-asset products, Grayscale also sponsors Digital Large Cap Fund™, a diversified investment product that provides…

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Frick Bank of Liechtenstein encourages clients to Invest in Bitcoin

The Liechtenstein family bank is one of the first traditional banks to open up investment in cryptocurrency to their clients.   “Bank Frick is the first financial institution in Liechtenstein to offer the trading of five leading cryptocurrencies and secure safekeeping via offline storage. Trading takes place within the fully regulated framework of the Bank’s processes. The offering is aimed at professional market participants and financial intermediaries.” as per the website.   Bank Frick has committed to a high level of protection against loss of theft of the crypto-assets and…

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