#CryptoCorner: Bitstamp Granted NY State BitLicense, PewDiePie to Stream on #Blockchain-Powered DLive Platform
#CryptoCorner: Bitstamp Granted NY
State BitLicense, PewDiePie to Stream on #Blockchain-Powered DLive Platform
Point Roberts WA, Delta BC, April 10, 2019 - Investorideas.com, a leader in crypto and
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The New York State
Department of Financial Services (DFS) has granted a virtual currency
“BitLicense” to crypto exchange Bitstamp’s U.S. subsidiary, according to a press
release
yesterday. Bitstamp becomes the nineteenth company to be approved for
crypto-related operations in the state. Nejc Kodrič, CEO of Bitstamp,
commented:
“We appreciate New York’s solid regulatory framework –
the nation’s first – to protect consumers using cryptocurrencies and look
forward to expanding our growing business in the state. Bitstamp has always
embraced regulatory efforts that focus on transparency and accountability to
help expand the industry and bridge the gap between the traditional financial
and cryptocurrency worlds.”
PewDiePie, the
content-creator behind Youtube’s most popular channel, has formed a partnership with
blockchain-powered livestreaming platform DLive. PewDiePie, who has some 93
million subscribers on Youtube, will begin streaming exclusively on DLive on
April 14. Wilson Wei, Co-Founder of Lino Network, which powers DLive,
commented:
"DLive is a place where instead of competing
against each other, it benefits creators to support one another. With no
platform cuts, we incentivize everyone to create the highest quality content
for viewers. PewDiePie has always been a fierce advocate for the value that
creators bring with their hard work, time, and effort, and he believes in
DLive's vision. Our livestreaming platform has the potential to forever change
how creators are represented in this industry, and we're proud to have
PewDiePie help us lead this charge."
Crypto exchange
Bitfinex has removed the $10,000 minimum balance requirement from their
platform, opening up trading to a wider array of investors. A company blog
post
reveals that the decision was motivated by popular demand over the past six
months. Jean-Louis van der Velde, CEO at Bitfinex, said:
“We simply could not ignore the increasing level of
requests for access to trade on Bitfinex from a wider cohort than our
traditional customer base. For the last six months we have been working hard to
ready our platform for a new wave of customer accounts and are now in a
position to open Bitfinex to a wider audience. By dropping our minimum equity
requirement, the only limits are now set by the traders themselves.”
The Gibraltar Stock
Exchange (GSX) has announced that it will begin
offering blockchain-based securities on the GSX Global Market. The rationale
for applying distributed ledger technology (DLT) on the platform is to “open up
greater liquidity pools, making illiquid assets more accessible”.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
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