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Crypto news in brief (December 4, 2018): TRON, FINMA, Trive Ventures, ErisX, Nasdaq

December 4, 2018 By Crypto Reporter

– TRON has launched TRON Accelerator, a $1 million USD program aiming to empower developers and start-ups to develop dApps based on TRON protocol
– Switzerland’s FINMA has introduced a new fintech license with “relaxed requirements” that is applicable to blockchain and cryptocurrency-based firms
– Singaporean venture capital firm Trive Ventures has launched blockchain accelerator, Tribe Accelerator
– Crypto exchange ErisX has raised $27.5 million from investors including Fidelity Investments and Nasdaq Ventures

TRON has announced the launch of TRON Accelerator, a $1 million USD program aiming to empower developers and start-ups to develop decentralized applications (dApps) based on TRON protocol.

***

Switzerland’s Financial Market Supervisory Authority (FINMA) has introduced a new fintech license with “relaxed requirements” that is applicable to blockchain and cryptocurrency-based firms.

The FinTech licence allows institutions to accept public deposits of up to 100 million Swiss francs, provided that these are not invested and no interest is paid on them.

***

Singaporean venture capital firm Trive Ventures has launched blockchain accelerator, Tribe Accelerator, in partnership with government body Enterprise Singapore, PwC Singapore’s Venture Hub and South Korea’s ICON Foundation.

***

New cryptocurrency exchange ErisX has raised $27.5 million from investors including Fidelity Investments and Nasdaq Ventures.

ErisX says it will offer investors the ability to trade the cryptocurrencies bitcoin, litecoin and ether on spot and futures markets starting next year, subject to regulatory approval.

***

Nasdaq has confirmed it plans to launch bitcoin futures in the first half of 2019, according to Express.co.uk

Filed Under: General News, News Tagged With: crptocurrency, ErisX, FINMA, Nasdaq, news, news in brief, Switzerland, Trive Ventures, TRON

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