Bitcoin News Roundup for May 5, 2020

The Swiss National Bank (SNB) is working on a wholesale central bank digital currency (CBDC) pilot alongside the SIX Digital Exchange (SDX) and six commercial banks.The pilot, named Helvetia Phase III, will create a tokenized version of the Swiss franc as a settlement instrument between financial institutions for digital securities transactions on the SDX, the

Institutional traders simply need better crypto tools. That's the driving idea behind a union between Kenetic, a crypto firm based in Hong Kong, and Tora, a trading systems firm that already supplies order execution, portfolio management, risk assessment and compliance services for well-established asset classes. Announced today, both companies are teaming up to create Caspian, a project that…

Crypto trading firm Wintermute will provide liquidity for the Hong Kong-listed spot bitcoin and ether ETFs, the company announced.The London-based company said it wants to play a bigger part in the Asian market, hence the partnership.00:54APAC Demand for Crypto Exposure Remains High Despite Hong Kong ETFs' Soft Debut02:13Binance CEO Calls on Nigeria to Release Detained

news Jeffrey Berns, eccentric founder of blockchain incubation and investment firm Blockchains.com, purchased a small community bank in Las Vegas, Nevada in order to secure financing as he manifests his decentralized dreams, according to The Nevada Independent. Berns said his ambitions are incompatible with the current financial system and he feared that the banking complex…

Jan 19, 2020 at 15:06 UTCUpdated Jan 19, 2020 at 16:08 UTCThe best Sundays are for long reads and deep conversations. Earlier this week, the Let's Talk Bitcoin! Show gathered to discuss decentralization in blockchain projects, the historical context of decentralized organizations, the robustness it conveys but also the difficulties it engenders. On today's podcast,…

AI-related tokens such as FET, GRT, INJ, RNDR and AGIX may move after Nvidia's earnings on Wednesday.Shares of crypto miners such as APLD, IREN, HUT, and HIVE may also see some impact.Giant chipmaker Nvidia (NVDA) could help determine later today if the artificial intelligence frenzy is real or just another bubble ready to burst –…

While some policy officials hold out hope for a reduction in the crypto tax, most experts don't expect any changes. The industry's primary desire is to see the 1% tax deducted at source reduced to 0.01%. India is unlikely to change its controversial tax-deducted-at-source (TDS) policy on crypto transactions when Finance Minister Nirmala Sitharaman reveals

Aug 5, 2020 at 16:00 UTCUpdated Aug 5, 2020 at 16:13 UTCRepublic Cuts Through SEC Red Tape to Raise $16M via Security Token SaleUnder a pair of U.S. Securities and Exchange Commission (SEC) regulations, crowd-equity platform Republic has raised $16 million through the sale of its Republic Note security token. Announced Wednesday, the firm secured…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Nick Baker is CoinDesk's deputy editor-in-chief. He owns small amounts of BTC and ETH.Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.Join the most important conversation in crypto and Web3 taking place in Austin,…