Crypto News 

Thai Parliament Approves Amendments Allowing Issuance of Tokenized Securities

“The Thai Securities and Exchange Commission (Thai SEC) will issue additional rules so that crypto platforms can seek a securities depository license” writes Ana Berman for cointelegraph.com. Earlier this year, the Thai Ministry of Finance issued digital asset business licenses to four crypto-related firms under the recommendation of the Thai SEC Board.Previously, the aforementioned act defined Thailand Securities Depository Co Ltd, a subsidiary of the Stock Exchange of Thailand (SET), as the only company permitted to operate as a securities depository for the SET’s securities trading operations. Source: cointelegraph.com

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Crypto Markets News Platforms 

Third-Top Exchange OKEx Lists Ripple and Bitcoin Cash on Customer-to-Customer Platform

“Malta-based major cryptocurrency exchange OKEx has listed Ripple (XRP) and Bitcoin Cash (BCH) on its customer-to-customer (C2C) trading platform, according to a press release shared with Cointelegraph on Feb. 22” writes Helen Partz for cointelegraph.com. During the newest upgrade, all services on the OKEx C2C platform will remain as normal, the announcement states.The Thai baht was added to the OKEx C2C platform in mid-February. Recently, major United States-based cryptocurrency exchange and wallet service provider Coinbase has listed BCH on its Coinbase Wallet.Bitcoin Cash, a cryptocurrency created as a result of…

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Crypto News 

Crypto Exchanges Bypass IPO Apps by Buying Pre-Listed Companies

“South Korean crypto exchange Bithumb announced plans to purchase US-listed company Blockchain Industries for the same purpose just days later” writes Rachel Mcintosh for financemagnates.com. Rather than going through the process of applying for public listing, crypto exchanges are choosing to buy companies that are already listed and use them as a vehicle to raise their own money.A growing number of cryptocurrency exchanges are taking the “backdoor” route to becoming publicly listed in countries all around the world, a new report from Reuters says.In January, OKC Holdings, a company controlled…

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Crypto News 

Coinbase CEO Brian Armstrong Tackles Four ‘Myths’ About Crypto Custody

“Brian Armstrong, co-founder and CEO of United States crypto exchange and wallet Coinbase, has outlined what he believes to be four common misconceptions about crypto custody solutions” writes Marie Huillet for cointelegraph.com. Armstrong’s first argument tackles the perception that hot storage is always necessary to provide the flexibility and speed required to execute trades.Cold storage refers to a method of keeping crypto holdings and users’ private keys offline in order to safeguard against theft via a remote attack.Armstrong closes his article with a note about hot storage, writing: “With hot…

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Crypto Futures News 

Report: Major European Derivatives Exchange to Launch Cryptocurrency Futures

“Eurex, a Germany-based derivatives exchange operated by Deutsche Boerse, is reportedly planning to launch futures contracts tied to digital assets, financial technologies-focused news outlet The Block reported on Feb. 21” writes Ana Alexandre for cointelegraph.com. Founded in 1998, Eurex is an international derivatives exchange operated by one of the world’s leading stock exchanges, Deutsche Boerse.Deutsche Boerse has reportedly been considering the introduction of digital currency futures since December, 2017. Per the press release from Deutsche Boerse, six banks to date had confirmed their plans to join the ​​securities lending platform,…

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News Platforms 

No KYC on MyEtherWallet’s Regulated Crypto-to-Fiat Exchange

“Both companies claim that despite the lack of required KYC checks, the platform is fully regulated” writes Rachel Mcintosh for financemagnates.com. KYC checks have become a regular part of nearly every cryptocurrency exchange, even those that don’t allow their users to exchange their crypto for fiat.One of the most recent examples of this is ShapeShift, a crypto-to-crypto exchange that was ordered to add KYC requirements after resisting pressure from regulators for months.Together, crypto finance platform Bity and Ethereum wallet provider MyEtherWallet (MEW) have revealed plans for a crypto-to-fiat withdrawal platform…

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Crypto News 

Binance launches Binance DEX, a decentralized trading platform built on its own blockchain network, for public testing

“Binance first announced the plan to develop its own blockchain and a decentralized exchange in March 2018, after it kicked off its centralized spot-trading exchange Binance.com in mid-2017” reports coindesk.com. Binance, the world’s largest cryptocurrency exchange by trading volume, has rolled out public testing for a decentralized trading platform built on its own blockchain network.The company announced on Wednesday the new platform – called Binance DEX – is now up for public testing where users can create their own wallets and interact with the trading platform’s interface. Source: coindesk.com

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Crypto News 

Binance Launches Decentralized Crypto Exchange Testnet

“Major cryptocurrency exchange Binance has launched the testnet of its new decentralized exchange, Binance DEX, according to a press release shared with Cointelegraph on Feb. 20” writes Ana Berman for cointelegraph.com. Per Binance, the exchange, powered by Binance Chain — a new blockchain and peer-to-peer (p2p) distributed system — is already available for customers.Users can create wallets and start exchanging tokens on the Binance DEX testnet. Source: cointelegraph.com

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Crypto News 

SEC Set to Begin Fresh Consultation Period on CBOE-VanEck Bitcoin ETF

“The exchange had filed a rule change proposal to list and trade shares of the Bitwise Bitcoin ETF Trust” writes William Suberg for cointelegraph.com. United States regulator the Securities and Exchange Commission (SEC) says it will shortly commence the countdown period to approval or disapproval of the VanEck/SolidX Bitcoin exchange-traded fund (ETF).The move is the latest in a series of back-and-forth exchanges between the SEC and ETF sponsors.The Chicago Board Options Exchange (CBOE) — the exchange applying with the SEC to list the Bitcoin ETF — had withdrawn its application…

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