FinCEN’s Crypto Wallet Rules, a controversial regulation proposal on “Unhosted” Crypto Wallet (convertible virtual currency (CVC) or digital assets with legal tender status (LTDA) wallets not…
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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Norwegian Block Exchange (NBX) has secured a $7 million (NOK 60 million) private investment. The funding was arranged by Pareto Securities — the leading investment bank in the Nordics, that acted as the sole manager and book-runner.
Investors have shown strong conviction in the Bitwise 10 Crypto Index Fund (ticker: BITW), trading more than $67 million of shares in the first three days of debut, making it the highest volume debut of a publicly-traded crypto fund in the US history.
The crypto (digital asset) revolution is developing so rapidly that it seems that new cryptocurrencies and solutions arrive almost every day. This can make distinguishing those…
-Bitwise 10 Crypto Index Fund Becomes First Publicly Traded Crypto Index Fund In The U.S.; Ticker ‘BITW’.-Shares of the Fund will be tradable through traditional brokerage…
Malta, Nov. 27, 2020 /AlexaBlockchain/ – OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has restored its full range of services for its users by reopening withdrawals of all digital…
Thailand’s Securities and Exchange Commission (SEC) has revised its net capital requirement rules for brokerages and securities firms, including digital asset businesses. According to a report by…
Board addition brings unique understanding of global security and strong network of public officials OTTAWA, ON, Oct. 26, 2020 / AlexaBlockchain/ – Brane Inc., a leading digital asset custodian service,…
-Blockchain and digital assets initiatives experiecing growth-Blockchain payment solutions are scaling-Digital assets are increasingly being considered for facilitating payments, especially when paired with blockchain technology-Familiarity and…
Elliptic and Fireblocks Integrate to Strengthen Enterprise Security and Compliance in the Crypto Industry