CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal
Day: June 20, 2023
BIS releases unified-ledger proposal for cross-border, tokenized asset transactions
The Bank for International Settlements (BIS) has released a chapter of its annual report early. That chapter, on the future of the monetary system, discusses “a new type of financial market infrastructure — a unified ledger.” The chapter was published June 20, one day after the International Monetary Fund (IMF) released a paper describing its “single ledger” cross-border payments concept. The BIS proposal harnesses central bank digital currency and tokenized assets into “a new type of financial market infrastructure” — that is, the unified ledger, which would be powered by…
EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says
BRUSSELS, Belgium – The European Commission is back on track to publish legislation on a digital euro on June 28, after the controversial topic was previously removed from the executive’s agenda, the bloc’s lead financial services official said on Tuesday. Source
University of Nicosia Introduces Metaverse Masters Program
The program, which runs over the course of a year from September to August and is broken into three semesters, focuses on two areas, metaverse design and metaverse management. Courses in the program will cover topics such as augmented reality (AR) and virtual reality (VR), non-fungible tokens (NFTs), blockchain data skills, marketing and project management. Source
Deutsche Bank Applies for Digital Asset License in Germany as TradFi Pushes Further Into Crypto
The digital asset custody platform, which Deutsche Bank said at the time would be launched in stages, would eventually allow users to buy and sell digital assets through prime brokers and even provide services such as taxation, valuation services and fund administration, lending, staking and voting, and more. Source
Wall Street Giants Bet on EDX Markets Crypto Exchange
EDX Markets, a new digital asset marketplace, has announced the successful initiation of its trading operations, backed by a consortium of major financial institutions. Among the mentioned companies are several Wall Street giants, including Charles Schwab, Fidelity Investments, and Citadel Securities. Explore limitless, instant crypto swaps. Choose from 1000+ coins and tokens and exchange with no registration or sign-up. Experience a platform that prioritizes your data privacy and fund security. The company has also completed a new funding round Funding Round Startups look to raise capital can participate in a…
Deutsche Bank crypto plans aid Bitcoin price trip to $27.5K June highs
Bitcoin (BTC) achieved new highs for the month after the June 20 Wall Street open as observers stayed cautious on market strength. BTC/USD 1-day chart. Source: TradingView “No meaningful trend shift” for Bitcoin yet Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $27,499 on Bitstamp. The pair saw its highest levels since May 31 as the return of United States market trading boosted its performance. Versus the prior day’s lows, gains totaled around 4.2%. Despite this, wary market participants stopped short of calling even a low-timeframe trend shift.…
Exegy’s Metro Adds Deribit Crypto Options Exchange
Exegy, Inc., a trading solutions provider for the capital markets, has broadened its crypto derivatives coverage for the Metro professional trading platform by integrating with Deribit. Adding Deribit, known as the world’s largest crypto options exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading…
Wall Street giants back EDX Markets, a new cryptocurrency exchange
EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently unveiled the launch of its digital asset market on June 20, marking its official entry into the industry. According to the announcement, the exchange hopes to attract “industry leaders” by incorporating best practices from traditional finance and offering unique advantages, including liquidity, competitive quotes, and a non-custodial model designed to minimize conflicts of interest. Currently, EDX supports the…
Gemini plans Asia-Pacific expansion as part of ‘next wave of growth for crypto’
United States-based cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has announced plans to expand into the Asia-Pacific region. In a June 19 blog post, Gemini said it planned to increase the number of staff at the firm’s Singapore office as well as establish an engineering division in India. The crypto exchange hinted at “larger” plans for expanding into the region in the next 12 months. “We believe that APAC will be a great driver of the next wave of growth for crypto and Gemini,” said the exchange. 1/…