Coinbase Aims to Obtain Banking Licenses

Coinbase, the largest U.S. Bitcoin exchange, has initiated exploratory conversations with financial regulators regarding banking licenses. Coinbase and Ivy Koin Meet with U.S. Regulators About Banking Licenses Coinbase is now intent on learning how to obtain banking licenses. The Wall Street Journal reports that, according to undisclosed sources, the exchange held conversations with officials from the U.S Office of the Controller of the Currency in early 2018. According to the report: Coinbase Inc. and another cryptocurrency

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Nocoiner Financial Advisers Are Failing Their Clients

With institutional investment being something of a major theme in the blockchain space these days, financial advisors better start studying up on cryptocurrencies and their underlying technology – and fast – lest they risk losing their clients.  ‘It’s Really Here to Stay’ JP Morgan chairman Jamie Dimon once called Bitcoin a “fraud,” and Vanguard CEO Tim Buckley once told CNBC, “You will never see a fund from Vanguard on bitcoin.” Their loss. Despite a slew of negativity

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Ledger Partners with Nomura and Global Advisors to ‘Pave the Way for Secure and Compliant Institutional Investment’

Helping institutional investors enter the cryptocurrency space has been the overriding theme of this year’s Consensus conference in New York City — and one such notable announcement is the partnership between Nomura, Ledger, and Global Advisors, who plan on building a secure digital asset custody solution.  Welcome, Institutions In an effort to provide infrastructure and an operational framework to the overarching investment management industry, Nomura, Ledger, and Global Advisors are partnering to create Komainu — a

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LedgerX Introduces CFTC Licensed Bitcoin Savings Accounts

LedgerX has introduced a Bitcoin savings product licensed by the CFTC. The Bitcoin asset management platform has designed this new product to cater to long-term hodlers. The LedgerX Bitcoin ‘Call Overwrite’ Launched on May 15th, the LedgerX Bitcoin savings account enables investors to earn a fiat-based yield on their Bitcoin holdings. Instead of hodling in the hope of a significant price increase, savers can now earn revenue from a call overwrite. Usually, overwrite contracts are for

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