Van Eck and SolidX plan to start selling shares in a limited version of a crypto exchange-traded fund. The shares are reportedly planned to be sold under the SEC’s Rule 144A, which allows privately placed securities to be traded among “qualified institutional buyers” with shorter holding periods and without the requirement to register with the SEC.
The Tether Treasury moved 7m USDT from its vaults recently and minted 10m USDT just an hour after the money was moved out. Could this be a sign that the next bull run is on the corner? People often use USDT in order to trade BTC, so there is a correlation between USDT volumes and Bitcoin prices.
Binance launched two futures testnet platforms to allow potential users to explore each product and its offerings ahead of the official launch.
The BTC- and ETH-based perpetual swaps, are extremely similar to those innovated by BitMEX. The BFX products also offer 100x leverage and use the same interest rate mechanism. However, while BitMEX settles exclusively in BTC, BFX products settle in Tether.”
Dutch Firms offering services for the exchange between virtual money (cryptos) and regular money, and crypto wallet providers are expected to become subject to DNB integrity supervision as of 10 January 2020.
The Kiva Protocol, launched on Wednesday by the Sierra Leonean government and Kiva, the Silicon Valley microloan company, is a biometric system that links a person’s thumbprint with their identity. It will allow the west African country to create a universal credit bureau for the first time, with its backers hoping it will spur lending by banks reluctant to loan to people without credit histories.
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The Kiffmeister is a former Senior Financial Sector Expert at the International Monetary Fund.
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