Crypto News 

Crypto.com Launches Cryptocurrency Exchange Supporting 9 Assets

“Hong Kong-based cryptocurrency financial ervice provider Crypto.com is announcing the launch of its cryptocurrency exchange today, November 14th” writes Rachel Mcintosh for financemagnates.com. The announcement of the new exchange, which will be accessible through Crypto.com’s web interface, trading API, and mobile app, was shared in an email with Finance Magnates.Additionally, the announcement says that users who stake CRO will have access to discounts on trading fees “up to 100%”, and that CRO staked on Crypto.com will yield 20% per annum. Source: financemagnates.com

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Crypto News Platforms 

Royal Bank of Canada to Open New Crypto Platform

“The Royal Bank of Canada (RBC) is creating a new cryptocurrency platform” writes Nick Marinoff for livebitcoinnews.com. This isn’t the first time the Royal Bank of Canada has dabbled in blockchain or cryptocurrency.This is not a centralized platform, but one similar with everyday crypto exchanges like Coinbase and Binance.The platform being offered by the bank will provide traders with access to standard cryptocurrencies like bitcoin and Ethereum.Canada has also become considerably looser regarding crypto over the past few months, with the region relaxing a lot of its transaction rules. Source: livebitcoinnews.com

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Crypto Markets News 

HSBC and Singapore Exchange Pilot Blockchain in Bonds Issuance

“HSBC today said it joins forces with the Singapore Exchange (SGX) and investment company Temasek to execute a blockchain pilot for a fixed income issuance” writes Aziz Abdel-qader for financemagnates.com. HSBC is one of the founder members of Voltron, a blockchain-based open industry platform for digitizing trade finance documents on Corda, R3’s blockchain platform.There have been other blockchain issuances, but in most cases they weren’t handling the unique challenges faced in the issuance and servicing of fixed income securities in Asia.The test also makes HSBC one of the first asset global…

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Crypto Markets News 

Bitstamp Crypto Exchange Expands Into Asia-Pacific Region With New Hire

“Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in the Asia-Pacific (APAC) region” writes Joeri Cant for cointelegraph.com. I believe there is a large need for Bitstamp’s mature approach to crypto in this region and look forward to expanding our presence here.” In October, the CEO of cryptocurrency exchange Bitstamp, Nejc Kodrics, highlighted Bitcoin’s (BTC) utility after funds worth almost $1 billion changed hands for less than $4 in fees.Leelarthaepin commented on his new position: “Cryptocurrency adoption in Asia is growing at a breakneck…

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Markets News Oil 

4 of the world’s top oil and gas executives explain why they’re backing a landmark trading deal that could revolutionize the industry

“Many Asian refiners run Murban crude in their systems, and I’d like to welcome them to be on-board with us” writes Joe Ciolli for businessinsider.com. “The biggest change I’ve seen over the years is the huge influx of US-based crude oil.ABU DHABI — It’s not every day that you get the world’s top oil and gas executives in the same room.US crude oil has no destination restrictions.If the Murban contract is on par value with liquidity, down the road, some US companies might want to price their crude oil against…

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News 

Longtime diplomat Bill Taylor testifies that he has never seen a US president make foreign aid a condition of their personal or political interests

“One of the most important witnesses against President Donald Trump said Wednesday he had never before witnessed a US president use foreign aid as leverage for personal gain” writes Michelle Mark for businessinsider.com. In a powerful exchange with Goldman, Taylor acknowledged that the move appeared unprecedented to him. Source: businessinsider.com

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Crypto News Platforms 

Tron Founder Justin Sun Admits Investment in Crypto Exchange Poloniex

“In October, Sun refuted reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex” writes Adrian Zmudzinski for cointelegraph.com. Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle.According to cryptocurrency market analytics platform Nomics, Poloniex is the 11th biggest cryptocurrency exchange by volume, processing $19.5 million over the 24 hours at press time.The website estimates that less than 1% of all the crypto trading volume takes place on Poloniex.Sun said…

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Crypto Futures News 

Bitfinex to Launch Crypto Options, a Gold-Backed Stablecoin

“Crypto exchange Bitfinex is planning to expand its product offerings by introducing crypto options and gold-backed digital currency among others” writes Arnab Shome for financemagnates.com. Bakkt, which launched physically-delivered Bitcoin futures last September, saw a significant surge recently despite a dim launch.CME Group in the US is also set to introduce Bitcoin options next year. However, in Asia, the Hong Kong regulator is skeptical of the crypto futures and recently issued a warning against such contracts.The company is aiming to bring the crypto options as early as the first quarter…

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Crypto News 

Justin Sun Confirms Tron’s Listing on Poloniex Cryptocurrency Exchange

“Tron (TRX), the 11th largest cryptocurrency by market capitalization, has now been listed on the Poloniex cryptocurrency exchange” writes Joeri Cant for cointelegraph.com. Reportedly, full trading will be enabled “shortly after this date.” The news comes almost a month after it was reported that the United States-based crypto exchange Poloniex was spinning out from Circle to form a new firm, called Polo Digital Assets.In a Nov. 9 blog post, Poloniex cryptocurrency exchange announced that it was readying to list the decentralized cryptocurrency on its platform, which Tron CEO Justin Sun…

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Crypto News 

Paxos Debuts Fiat Gateway With Binance Crypto Exchange as Its First Client

“Leading cryptocurrency exchange Binance became the first cryptocurrency exchange to implement the fiat gateway of stablecoin operator Paxos” writes Adrian Zmudzinski for cointelegraph.com. In addition to its Fiat Gateway, Paxos announced a second application programming interface (API) dubbed Stablecoin Swap that will allow 1:1 swaps between Paxos-based stablecoins.On Nov. 12, Paxos announced the launch of its Fiat Gateway, a service that allows its users to swap between dollars and stablecoins on a one-to-one basis. Source: cointelegraph.com

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