#CryptoCorner; #Coinbase Announces CEO for Japan Expansion, SEC Names New #Crypto Leader and OKEx Launching Index Fund
#CryptoCorner; #Coinbase Announces CEO for Japan Expansion, SEC Names
New #Crypto Leader and OKEx Launching Index Fund
Point Roberts, WA, Delta BC –June 5, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
Coinbase Announces CEO for Japan Expansion, SEC Names New Crypto Leader
and OKEx Launching Index Fund
Crypto exchange Coinbase has announced the CEO of
their new Japanese office in a blog post following news yesterday of their expansion to Japan. Nao Kitazawa, the former CEO of Money
Design, will “take a
deliberate approach to...rollout in Japan, which means working hand-in-hand
with the Japanese FSA to ensure compliance with local laws at every stage.”
The U.S.
Securities and Exchange Commission (SEC) has recently named Valerie A.
Szczepanik Associate Director of the Division of Corporation Finance and Senior
Advisor for Digital Assets and Innovation, under Division Director Bill Hinman.
In effect Szczepanik, who joined the SEC in 1997, will be in charge of
coordinating “efforts across all SEC Divisions and Offices regarding the
application of U.S. securities laws to emerging digital asset technologies and
innovations, including Initial Coin Offerings and cryptocurrencies.” SEC
Chairman Jay Clayton commented on why Szczepanik was right for the job:
“With her
demonstrated skill, experience, and keen awareness of the importance of
fostering innovation while ensuring investor protection, Val is the right
person to coordinate our efforts in this dynamic area that has both promise and
risk.”
Crypto exchange
OKEx is launching an index fund, according to a report today on CoinDesk. Known as the
OK06 Exchange-Traded Tracker (OK06ETT) “fulfills the majority of your investment
needs in digital asset.” According to the OKEx website:
Its repertoire
includes several representable tokens (BTC, ETH, LTC, BCH, EOS, and OKB), which
are all greatly respected by institutional or individual investors and very
often regarded as benchmarks in the world of digital asset.
Sam Mowers, Investorideas
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