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Crypto Reporter

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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

More news:

  • Nasdaq to launch crypto custody service for institutional investors
    Nasdaq to launch crypto custody service for institutional investors
    October 1, 2022
  • Dominica to launch Dominica Coin on the TRON blockchain
    Dominica to launch Dominica Coin on the TRON blockchain
    October 20, 2022
  • UAE is set to welcome crypto licensing 
    UAE is set to welcome crypto licensing 
    February 26, 2022
  • PayPal to launch its own crypto wallet 
    PayPal to launch its own crypto wallet 
    August 4, 2021
  • India to tax crypto and NFTs profits at 30%
    India to tax crypto and NFTs profits at 30%
    February 2, 2022
  • Uber to consider accepting crypto as payments 
    Uber to consider accepting crypto as payments 
    February 20, 2022

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

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