UK FCA issues statement on regulatory requirements for firms offering cryptocurrency derivatives
Apr 09, 2018 03:58 am UTC| Digital Currency
The UK Financial Conduct Authority (FCA) has issued an official statement on the requirement for firms offering cryptocurrency derivatives to be authorised. The regulator said that while it does not regulate...
Crypto startup Coinbase announces venture arm
Apr 09, 2018 03:10 am UTC| Digital Currency
Leading crypto firm Coinbase has announced the setting up of Coinbase Ventures in its efforts to create an open financial system for the world. The new initiative is aimed at providing financing to promising early stage...
Digital Currency and Blockchain Weekly Round-up – April 6th, 2018
Apr 06, 2018 11:42 am UTC| Digital Currency
BoE announces PoC on ensuring renewed RTGS services compatibility with DLT The Bank of England (BoE) has announced that it is commencing a proof-of-concept (PoC) to look into the way in which its renewed Real Time Gross...
FxWirePro: ETH/USD upside capped by 10-DMA, good to go short on break below 360
Apr 06, 2018 07:53 am UTC| Digital Currency
ETH/USD is trading in the red on Friday at 367 levels as it faces strong resistance at 10-DMA (Coinbase). On the upside, the pair faces strong resistance at 392 (10-DMA) would see the pair testing 421 (3h 100-SMA)/459...
Apr 06, 2018 06:55 am UTC| Digital Currency
BTC/USD is trading lower on Friday as it failed to break above 10-DMA. It is currently trading at 6555 levels at the time of writing (Bitstamp). On the topside, resistance is seen at 6850 (1h 50-SMA) and a break above...
RBI bans banks from engaging with crypto companies, explores central bank digital currency
Apr 06, 2018 04:49 am UTC| Digital Currency
In its latest statement on developmental and regulatory policies, the Reserve Bank of India (RBI) has banned the entities regulated by it from engaging with any individual or businesses involved with digital...
Federal Reserve monitoring extreme volatility of cryptocurrencies: Governor Brainard
Apr 06, 2018 03:56 am UTC| Digital Currency
The Federal Reserve is closely monitoring the extreme volatility seen in some cryptocurrencies, Governor Lael Brainard said recently. Speaking at the Center for Global Economy and Business, Stern School of Business, New...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight