Home » Cryptocurrency News » Cryptocurrency News » Publicly Traded INX Crypto Exchange to Acquire Broker-Dealer Openfinance Publicly Traded INX Crypto Exchange to Acquire Broker-Dealer Openfinance October 27, 2020
Oct 27, 2020 at 13:50 UTC Updated Oct 27, 2020 at 14:23 UTC
INX Limited, a cryptocurrency exchange that went public on Ethereum last month, has agreed to buy U.S.broker-dealer Openfinance Securities, the company announced in a press release Tuesday.INX will also acquire Chicago-based Openfinance’s alternative trading system, digital asset listings, client base and licenses.INX aims to bolster its status as a provider of novel trading and capital-raising instruments through the acquisition.The terms of the deal were not disclosed.Subscribe to First Mover, our daily newsletter about markets.Share this: Facebook’s Libra Is a ‘Wake-Up Call’ for Regulators, Says ECB Policymaker news The European Central Bank (ECB) wants regulators to kick into a higher gear when it comes to developing rules for big tech firms moving into finance, such as Facebook and its Libra cryptocurrency project.
According to a report from Bloomberg, ECB Executive Board member Benoit Coeure said in France on Sunday: “It’s out of the… Market Wrap: Bitcoin Clings to $10.4K; Ether in Smart Contracts Highest Since 2016 Sep 22, 2020 at 20:20 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Clings to $10.4K; Ether in Smart Contracts Highest Since 2016Bitcoin stuck around $10,400 for most of Tuesday.
Meanwhile, ether holders are increasingly choosing smart contracts to park the cryptocurrency.Bitcoin (BTC) trading around $10,494 as of 20:00 UTC (4 p.m.EDT).Gaining 0.10%… Korean Crypto Scam Fleeced Investors for Over $18.5 Million news Individuals behind a cryptocurrency scam in South Korea have cheated around 56,000 investors out of $18.5 million, police say.According to a report from Korea JoongAng Daily on Monday, the Seoul Special Judicial Police Bureau for Public Safety has arrested the CEOs of an online shopping website and a bitcoin firm, identified by their… US Regulator Clears Security Token Trading System to Launch Apr 27, 2020 at 07:00 UTCSalt Lake City-based North Capital received approval for its security token ATS in March.(Credit: Shutterstock)The Public Private Execution Network (PPEX), an alternative trading system (ATS) for exempted digital assets and other private securities, has regulatory clearance to launch in the U.S.The trading system’s parent, broker-dealer North Capital Private Securities,… Cryptography Startup Brings Private Payment Channels to Tezos Blockchain Cryptography Startup Brings Private Payment Channels to Tezos BlockchainCryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos.The startup is now working with Tezos developer groups Nomadic Labs and Metastate to implement the tech in the next network update.Similar to the Lightning Network, zkChannels is a payment channel for blockchains… ‘However Long It Takes’: Zuckerberg Vows to Win Over Libra Regulators news Facebook CEO Mark Zuckerberg says the company will spend “however long it takes” to get regulators and others on board before launching the Libra cryptocurrency project.
Speaking during a quarterly earnings call on Wednesday, the social media giant’s founder sought to assure investors that Facebook would act responsibly with its development of Libra, the… Launch of Bakkt Bitcoin Futures Market May Get Postponed Again news Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is likely to delay the launch of Bakkt, its bitcoin futures trading and custody platform, a second time, CoinDesk has learned.The company last set Jan.24 as the launch date.However, ICE has yet to receive the necessary approvals from the U.S.… Tron Arbitration Challenged in Hostile Work Environment Lawsuit Jul 9, 2020 at 17:56 UTCUpdated Jul 9, 2020 at 18:50 UTCJustin Sun (CoinDesk archives)Two technology developers are trying to keep their workplace harassment lawsuit against the Tron Foundation on the path to trial.A legal challenge is calling on a court to overturn an order allowing the central organization developing the Tron cryptocurrency to… Hodlers Can Donate Crypto to Charity to Minimize Tax Payments Jul 14, 2020 at 04:56 UTCUpdated Jul 14, 2020 at 05:40 UTCIndividuals who donate their cryptocurrencies instead of exchanging for fiat or another crypto may not owe any taxes on those transactions.
(SJ Baren/Unsplash)With the tax deadline just around the corner, crypto holders are stressing over the dreaded capital gains tax.But they can write… Leave a Reply You must be logged in to post a comment.Search.
