– Coinbase signed up 50,000 users per day in 2017
– JSE may become one of the first international stock exchanges to deploy online cryptocurrency trading platform
– Square announced that users of its Cash App now can buy and sell bitcoin in all 50 U.S. states
– The SEC has postponed the decision on the listing of VanEck/SolidX bitcoin exchange-traded fund (ETF)
– Commonwealth Bank of Australia (CBA) will arrange the issuance of the world’s first blockchain bond
Coinbase CEO Brian Armstrong said that his cryptocurrency exchange was signing up 50,000 users per day in 2017, when most cryptocurrencies surged to their all-time highs.
The Jamaica Stock Exchange (JSE) has selected Toronto-based fintech company Blockstation to enable investors to trade cryptocurrencies. Thus, JSE may become one of the first international stock exchanges to deploy an online digital currency and token trading platform, including trading, quotes, execution and settlement services, in a way that aligns with current regulatory and compliance standards.
Fintech company Square announced that users of its Cash App can now buy and sell bitcoin in all 50 U.S. states.
The U.S. Securities and Exchange Commission (SEC) has extended the time period to come up with a decision on the listing of VanEck/SolidX bitcoin exchange-traded fund (ETF). The fund under consideration is powered by investment management firm VanEck and fintech company SolidX, and is expected to be listed on the Chicago Board of Exchange (CBOE).
The SEC now “designates September 30, 2018, as the date by which the Commission shall either approve or disapprove” the ETF.
The World Bank has mandated the Commonwealth Bank of Australia (CBA) to arrange the issuance of the world’s first blockchain bond.
The bond has been named ‘bond-i’ (blockchain offered new debt instrument). Once launched the bond will be issued and distributed on a blockchain platform operated by the World Bank and CBA in Washington and Sydney respectively.
According to the institution, the bond will be the first in the world to be created, allocated, transferred and managed with blockchain technology.
The South Korean government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.