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Swiss Stock Exchange SIX Launches Digital Assets Exchange Prototype

Swiss Stock Exchange SIX Launches Digital Assets Exchange Prototype

news Swiss stock exchange SIX has launched a pilot version of its exchange and central securities depository (CSD) for digital assets. The prototype platform, launched under its digital assets subsidiary SIX Digital Exchange (SDX), is expected to see more functionality added as it approaches a full launch slated for Q4 2020, according to an announcement emailed…
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Economic Turmoil: The Chances And Challenges For Blockchain And Crypto

Economic Turmoil: The Chances and Challenges for Blockchain and Crypto

Everywhere you look these days, there’s turbulence in the economy. A bitter trade war is seeing the United States and China slap ever-increasing tariffs on goods on a tit-for-tat basis. Over in the United Kingdom, never-ending uncertainty shrouds Brexit, with politicians in Westminster and Brussels at an impasse over the country’s imminent departure from the…
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Crypto Exchange OKEx Confirms Tether Margin Futures Launch In October

Crypto Exchange OKEx Confirms Tether Margin Futures Launch in October

Cryptocurrency exchange OKEx plans to launch Tether (USDT) futures margin trading in October, the firm confirmed in an email to Cointelegraph on Sept. 23.An OKEx spokesperson said that Tether futures are scheduled to be launched next month, though the exact launch date has not been set as of yet. They explained: “We are planning to launch…
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Bakkt Is Here: The Anticipated Bitcoin Futures Platform Launches With Minimum Volume

Bakkt Is Here: The Anticipated Bitcoin Futures Platform Launches With Minimum Volume

The long-awaited launch of Bakkt, the Bitcoin futures trading platform of the Intercontinental Exchange (ICE) has finally happened. After more than a year of waiting, Bakkt opened up for trading today, September 23rd. However, the trading volume as of yet is particularly low and the community is wondering whether it will pick up and if…
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Int’l Accounting Standards Body Defines Bitcoin As ‘Intangible Asset’

Int’l Accounting Standards Body Defines Bitcoin as ‘Intangible Asset’

The International Financial Reporting Interpretations Committee (IFRIC) has ruled that cryptocurrencies, including Bitcoin (BTC), are neither financial assets nor legal tender.The Korea Times reported the development on Sept. 23, citing the Korea Accounting Institute’s briefing in regard to an IFRIC meeting held in London this June.Cryptocurrencies neither financial assets nor currenciesAccording to the report, the…
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What Billions In Fed Repo Injections Reveal About The Promise Of Bitcoin

What Billions in Fed Repo Injections Reveal About the Promise of Bitcoin

news Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ————— Last week, the Federal Reserve injected $278 billion into the securities repurchase, or…
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