‘Game-Changer’: Institutional-Trader Crypto Exchange LMAX Opens in the UK

UK financial platform LMAX has suddenly entered cryptocurrency with the launch of a new exchange solely for institutional investors. CEO: Crypto ‘Coming Of Age’ According to a press release May 21, eight-year-old LMAX, which is regulated by the UK’s Financial Conduct Authority (FCA), is seeking to “further legitimize” cryptocurrency’s reputation in traditional investment circles. “The rise of institutional trading of cryptocurrencies will be a game-changer for the industry… Digital currencies are, without a doubt, coming

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Venezuela Leverages Russian Bank Stake To Bypass US Petro Sanctions

Venezuela is taking advantage of its 49% stake in a Russian bank, and using it to skirt US sanctions on its cryptocurrency Petro, according to reports. Buy Petro For €1k At Moscow Bank As the Associated Press (AP) reported May 14, Evrofinance Mosnarbank has become the only international partner willing to accept investments for purchasing Petro, which allegedly raised $5 billion during its ICO. The move reflects the continued involvement on Russia in the story

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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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