#CryptoCorner: ErisX Wins DCO License, Binance to Offer Futures Contracts, Gemini Applying for Broker-Dealer License
#CryptoCorner: ErisX Wins DCO License, Binance to Offer
Futures Contracts, Gemini Applying for Broker-Dealer License
Point Roberts WA, Delta BC, July 2, 2019
- Investorideas.com, a leader in crypto
and blockchain investing news, in partnership with Fit
Pay, Inc.’s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and
Wallet App bring you today’s edition
of the Crypto Corner podcast and commentary on what’s driving the
cryptocurrency market .
Listen
to today’s Crypto Corner Podcast
Read
this in full at https://www.investorideas.com/news/2019/crypto-corner/07021ErisX-Binance-Gemini.asp
Subscribe
to Podcast RSS feed:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml
July
2 Crypto Corner
Stocks discussed: (NasdaqGS:FB)
U.S. crypto exchange ErisX
has been granted a derivatives clearing organization (DCO) license from the
U.S. Commodity Futures Trading Commission (CFTC), according to a blog post yesterday. This, in addition to a
previously acquired Designated Contract Market (DCM) license, allows the firm
to offer the clearing of digital asset futures contracts, which according to
the blog post, will launch later this year. Thomas Chippas, CEO of ErisX,
commented:
“ErisX
is unique in that for our digital asset market, we have divided the trading and
settlement functions using traditional DCM (exchange) and DCO (clearing)
models. This reflects the structure that institutional investors expect from
other asset classes and will help drive these markets toward greater relevance
and accessibility.”
Similarly, crypto exchange
giant Binance will offer futures contracts. The news was announced by Binance
CEO Changepeng Zhao (CZ) during his keynote speech at the Asia Blockchain
Summit in Taipei, according to a company tweet.
The operator of Binance’s
forthcoming U.S. crypto trading platform, BAM Trading Services, has announced
former Ripple executive Catherine Coley as its CEO, according to CoinDesk. CZ said of the news:
“I
am confident that with Coley’s leadership and Binance’s leading technology
platform, Binance.US will be able to provide valuable services to the U.S.
community.”
Elsewhere, CoinDesk reports that crypto exchange Gemini will apply
for a broker-dealer license from the Financial Industry Regulatory Authority
(FINRA). This will put the company on a path to become an Alternative Trading
System, allowing clients to trade crypto securities legally.
CCN reports that Russia’s deputy finance
minister Alexei Moisseev, told local publications that a legal framework
pertaining to cryptocurrency exchanges was impending. This may dispel the idea
that Russia intends to ban Facebook’s (NasdaqGS:FB) Libra platform. Moisseev said:
No
one is going to ban. A large number of businesses ask when it will finally be
possible to legally conduct an ICO transparently, this will definitely be
regulated, permitted, and that’s all.
Sam
Mowers, Investorideas
Read other editions of the Crypto Corner
Crypto Corner Sponsors:
Flip™
is the creation of Fit Pay, Inc., a leading provider of cutting edge payment
technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip
enables cryptocurrency holders to seamlessly exchange their cryptocurrency for
US dollars and store that value on a contactless payment device that can be
used to make purchases at millions of retail locations. https://www.fliptopay.com/
Genesis Exchange and Wallet
App by Genesis Blockchain
Technologies ( GBT)
@GenesisBlockch , @GbtTechnologies
GBT is a
powerful cryptocurrency centralized / decentralized exchange which will include
a broad range of services and benefits from cryptocurrency and blockchain
markets development, while avoiding complications and risks arising from
crytocurrency ownership, transfer, and exchange.You can Download
the Genesis Exchange and Wallet App at Google Play
and on the Apple App Store. Learn more at http://www.mygenesis.io
More
info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with
its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and
Blockchaininvestorideas.com
For
investors following the sector Investor Ideas has a comprehensive Bitcoin,
Blockchain and Digital Currency Stocks Directory
About Investorideas.com - News that Inspires Big
Investing Ideas Investorideas.com
is a recognized news source publishing third party news and press releases plus
we create original financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts
and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto
Corner and Podcast, Play by Play sports and stock news column, Investor
Ideas #Potcasts #Cannabis News and Stocks on the Move
podcast and column, Cleantech and
Climate Change Podcast and the AI Eye Podcast and column covering
developments in AI.
The
Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com,
iHeartRadio and Google Play Music.
Visit
the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, including video, interviews and articles. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investing involves risk and possible losses. This site is currently compensated
for news publication and distribution, social media and marketing, content
creation and more. Disclosure is posted for each compensated news release, content
published /created if required but otherwise the news was not compensated for
and was published for the sole interest of our readers and followers. Disclosure: this newsletter and
podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on
behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact
management and IR of each company directly regarding specific questions.
More
disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn
more about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/
and tickertagstocknews.com
Global
investors must adhere to regulations of each country. Please read
Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Cryptocurrency Disclaimer
Investorideas.com news
content is not meant to be a solicitation to buy or sell cryptocurrencies and
Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Copyright and ownership:
Crypto Corner is an Investorideas.com content brand
Learn more about our news, PR and social
media services at Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Contact
Investorideas.com
800-665-0411
Comments
Post a Comment