We are at a turning point in history. The coming months will show how institutional investors will react in the medium term to the countless rescue packages in the wake of the coronavirus crisis. One thing is certain: States and central banks have been hard-pressed for solutions. Moreover, it looks like their efforts have been exhausted already at the start. Should investors end up losing faith in the measures taken, the consequences would be far more dramatic than a short-term stock market crash. No one can foresee today what our future monetary system will look like, but the history of …

The world’s second-largest stock exchange and capital markets technology company, Nasdaq, has entered a partnership with enterprise blockchain solutions platform, R3. R3 announced the partnership on April 29, 2020, stating that Nasdaq will use its blockchain software, Corda, among other services. Their intention is to help financial institutions easily build and deploy institutional-grade digital assets. This is a long-term, non-exclusive partnership between the two firms, which means Nasdaq can still collaborate with other blockchain solution providers to work on new projects. R3’s compatibility with highly regulated environments inspired the partnership Johan Toll, the head of digital assets at Nasdaq, said …

Crypto startup, Mudrex, has come out with a new platform called Mudrex Invest. The new product allows average users to profit from expert-built automated trading accounts. "Sophisticated traders create trading algorithms using Mudrex automated trading platform," a Mudrex CEO Rohit Goyal told Cointelegraph. "Multiple algorithms are merged together to create low-risk/low-reward to high-risk/high-reward portfolios," he added. Trading and investing creates many losers Trading is a zero sum game, creating clear-cut winners and losers. Estimates show the overwhelming majority of traders lose money. Trading is a unique arena. Nothing stands in the way of newbies entering the ring — which is …

As the European Commission finished its public consultation on cryptocurrency assets in March, France’s major financial regulator stepped in to express its stance on the matter. The Autorité des Marchés Financiers (AMF), the stock market regulator in France, has published an official response to the EC consultation, outlining some basic proposals regarding their own vision for crypto assets within the EC’s approach. It’s too early to establish a classification of crypto assets In an April 7 statement, the AMF argued that the classification of crypto assets should be based on the existing categories in order to differentiate between crypto assets …

Qualified digital asset custodian, Anchorage Trust Company, has added XRP to the list of assets supported by its institutional custody solution. The company announced support for the third largest cryptocurrency by market cap in a blog post on April 2. Anchorage claims that its custodial solution is safer than cold storage, while allowing the benefits of asset usability, offering features such as staking, airdrops, and even trading from custody. Xpring resources provide reliable solution According to Diogo Mónica, Anchorage co-founder and President, XRP support relies on resources including those developed and maintained by Ripple’s developer platform, Xpring. This most notably …

A new exchange says it is determined to expand the crypto market, opening doors to traders who want to buy and sell traditional financial instruments, all while giving institutional traders access to digital assets. AAX launched in November 2019 with “a mission to connect crypto to global finance.” To this end, it plans to offer tokenized commodities and indexes, as well as social trading programs and security tokens. It is the first cryptocurrency exchange to be powered by LSEG Technology, which provides infrastructure to the London Stock Exchange Group. Thor Chan, AAX’s CEO, thinks the crypto industry is at a …

The underlying premise of many video games might actually give people a core understanding of economics, especially in the crypto space. “As a kid, I played a lot of RuneScape,” crypto YouTuber and programmer Ivan on Tech said in a March 28 video. RuneScape is a medieval era fantasy game in which players interact with other live players, completing journeys, buying, selling, and trading various tools and materials, as well as battling. “A part of RuneScape is that it has its own economy,” Ivan said. “There’s actually a lot of experience you get from playing games as a kid,” he …

Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product. “Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs,” the exchange announced on March 28. Binance will shut off deposits and withdrawals for the assets on March 31 at 8 a.m. UTC, with a stoppage in trading at 10 a.m. on the same day. Binance only recently listed the FTX assets On March 11, Binance announced its listing of …

Several Venezuelan leaders recently came under fire for alleged criminal acts, although, contrary to initial impressions, the situation did not directly involve cryptocurrency usage. “Maduro and his co-defendants are not alleged to have been involved with crypto, directly,” Ashok Ayyar, counsel at Experience Legal, told Cointelegraph. A number of Venezuelan officials, including former president Maduro, faced a slew of charges from U.S. governing bodies, according to a March 26 statement from the U.S. Department of Justice (DoJ). Despite the press release announcing the charges touting the Homeland Security Investigations’ ability to track cryptocurrency transactions, a close examination of the DoJ’s …

Are cryptocurrencies securities or commodities? The World Federation of Exchanges, or WFE, released a document talking cryptocurrency terminology and regulation last week. In conversation with Cointelegraph, WFE Head of Regulatory Affairs, Richard Metcalfe, has added further clarity on the subject. “The WFE believes that, precisely because the market in crypto assets has evolved and expanded rapidly, existing regulation should apply wherever appropriate, in a universal and clearly understood manner and based on key principles,” Metcalfe told Cointelegraph in an email. Cryptocurrencies classification remains debatable Cryptocurrency has seen increasing public attention since its inception roughly a decade ago. A debate still …

The U.S. Commodity Futures Trading Commission, or CFTC, has publicized clarity on physical digital asset delivery as it applies to traded market products. “This announcement is meant to synthesize prior Commission guidance and enforcement actions as well as federal judicial precedent in this area,” CFTC Office of Public Affairs Director and Chief Communications Officer Michael Short told Cointelegraph in an email. “It is meant to reaffirm and illustrate the Commission’s approach.” “The Commodity Futures Trading Commission today announced the Commission voted unanimously to approve final interpretive guidance concerning retail commodity transactions involving certain digital assets,” the Commission said in a …

This week’s headlines from Japan included exchange self-regulatory organization, JVCEA, suggesting guideline changes, financial institutions collaborating with a blockchain startup for asset management, GMO Coin exchange listing BAT, and news that Toyota has built a blockchain-based identity platform. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. JVCEA adds regulatory suggestions and revision regarding exchange JVCEA, a Japanese self-regulatory organization (SRO) for exchanges, proposed alterations to an upcoming initiative called the Revised Funds Settlement Law, set to come into play in the first half of 2020. The group also noted changes to the Financial …