Binance Stablecoin Receives NYDFS Approval - The Bitcoin News

19.10-26.10 Good Crypto Weekly Market Summary

19.10-26.10 Good Crypto Weekly Market Summary
Quick weekly news:
  • Bitstamp, one of the world’s largest cryptocurrency exchanges, has introduced an insurance policy that covers the theft and other losses of user funds held on its platform.
  • Binance Destroys $68 Million of BNB in Most Expensive Burn to Date
  • Binance recorded an all-time high spot trading volume in Q3
Other notable events include:
- The Central Bank of the Bahamas has officially launched its national digital currency, the sand dollar
- PayPal will be offering trading and transaction of bitcoin, bitcoin cash, ether and litecoin in the next few weeks
Also, be sure to check out top altcoin gainers and losers of the week
PayPal’s play
PayPal will be offering trading and transaction of bitcoin, bitcoin cash, ether and litecoin in the next few weeks to its 346 million customers and 26 million merchants through a partnership with Paxos Trust Company, although for some users, the features are already available. The New York State Department of Financial Services (DFS) has granted the first “conditional BitLicense” to PayPal, a regulatory arrangement where interested companies can operate in the state’s “virtual currency marketplace” by working with already chartered firms. “DFS will continue to encourage and support financial service providers to operate, grow, remain and expand in New York and work with innovators to enable them to germinate and test their ideas,” the watchdog said. Many in the industry see this as a year-defining event that could rapidly expand crypto’s pool of potential users. Others take umbrage that the payments firm will not initially allow users to transfer crypto outside of the PayPal network. “You own the cryptocurrency you buy on PayPal but will not be provided with a private key,” the company wrote in a help post.
It’s official
The Central Bank of the Bahamas has officially launched its national digital currency, the sand dollar, an attempt to reduce the friction of bringing financial services to its dispersed, and often underbanked, population. This marks the first official deployment of a central bank digital currency (CBDC), which will be rolled out initially to private-sector banks and credit unions. Personal wallets are secured with multi-factor authentication security and will be mobile-based, servicing the 90% of the population with smartphones. The sand dollar is backed 1:1 to the Bahamian dollar (BSD), which, in turn, is pegged to the U.S. dollar.

https://preview.redd.it/mi0odgtajgv51.jpg?width=1200&format=pjpg&auto=webp&s=93f8185bd1cadddb82145201d533969d59fc0fa2
submitted by Kononenko_Ivan to GoodCrypto [link] [comments]

Le régulateur de l'État New York autorise le trading de 8 cryptomonnaies

Le Département des Services Financiers de l'État de New York (NYDFS ou DFS) a récemment publié une liste de cryptomonnaies autorisées au trading et à la garde.
📷FacebookTwitterLinkedInTelegramWhatsAppCopy Link

La liste verte du régulateur financier de l'État de New York

Le New York State Department of Financial Services, l’autorité qui délivre la BitLicense aux exchanges, a défini une liste de cryptomonnaies pouvant être proposées à la négociation ou à la garde par les entreprises accréditées dans sa juridiction.
Cette « liste verte » regroupe dans la catégorie des « jetons approuvés pour le listing » le Bitcoin (BTC), l'Ether (ETH), le Bitcoin Cash (BCH), le Litecoin (LTC), le Binance USD (BUSD), le Gemini Dollar (GUSD), le Pax Gold (PAXG) et le Paxos Standard (PAX).
Le XRP et l'Ethereum Classic (ETC) viennent s'ajouter aux cryptomonnaies citées précédemment pour former les 10 « jetons approuvés pour la garde ».
La note publiée par le NYDFS indique ce qui suit :
« Toute entité autorisée par le DFS à mener une activité commerciale de monnaie virtuelle à New York peut utiliser des tokens sur la liste verte aux finalités admises ».
Toutefois, les entreprises concernées sont tenues de communiquer préalablement au régulateur américain, leur intention de faire usage de ces crypto-actifs.
Le NYDFS se réserve le droit de supprimer ou de limiter l'utilisation desdites devises numériques en tout temps. Il assure également que cette liste sera tenue à jour avec la possibilité de l'étendre ou de la raccourcir.
👉 À lire également : Qu'est-ce que la BitLicense et pourquoi est-elle si importante pour les exchanges ?

Le NYDFS réceptif aux nouvelles perspectives

Loin de l'aspect rigide que l'on pourrait associer aux normes, les directives du NYDFS jouent la carte de la flexibilité. En réalité, les exchanges autorisés à opérer dans l'État de New York peuvent offrir leurs services pour des cryptomonnaies qui ne figurent pas sur la liste.
Pour cela, ils doivent présenter une « politique de listing ou d'adoption de jetons » personnalisée selon leur modèle économique et leur exposition aux risques. Si elle obtient l'approbation du régulateur, l'entreprise sera alors en mesure de répertorier ou de prendre en charge des cryptos supplémentaires.
👉 Pour aller plus loin, lisez : Le NYDFS propose de nouvelles directives pour la BitLicense
L'État de New York déploie des efforts considérables pour réguler et donc légitimer l'industrie des cryptomonnaies. Cependant, dans de nombreux pays dans le monde, ce sujet reste tabou.
submitted by Usefmohamed to u/Usefmohamed [link] [comments]

We have observed one of the biggest collapses of the US stock market in recent years. The technological index Nasdaq dropped by 4.43% over just one day. Stay in touch with the current events of the week covered in our analytical report.

We have observed one of the biggest collapses of the US stock market in recent years. The technological index Nasdaq dropped by 4.43% over just one day. Stay in touch with the current events of the week covered in our analytical report.
We present to you the report filed by the analysts of our private club for October 22–28.
Main market events for October 22–28, 2018
1) Bakkt will be launched on December 12 if the regulators grant the permission.
2) Internal sources of the CBOE exchange claim that approval of Bitcoin ETF is inevitable. According to the SEC, VanEck, SolidX and CBOE resolved all the issues and it is only a matter of time before the new asset class is approved.
3) The Department of Financial Services (DFS) of New York has permitted Coinbase to develop Custody. The Bank of Japan admits that the bank may lose a lot of influence due to emergence of cryptocurrencies. $500m worth of USDT have been destroyed (burned) by Tether.
4) The Central Election Commission of Russia supported the initiative of the Party of Growth to run elections in Russia on blockchain, which would prevent doctoring of the results.
5) In June 2019, the Financial Action Task Force on Money Laundering (FATF) will start publishing its standards for international regulation of cryptocurrencies.
6) The British audit and consulting company Ernst & Young (EY) conducted a study on the efficiency of 110 ICO projects: only 1 out of 10 tokens managed to bring profit to their owners.
7) Constantinople — the hard fork of Ethereum network — is delayed until the beginning of 2019. The developers made this decision after discovering several bugs when launching the update in the test network.
8) Visa will launch a digital identification system on the B2B Connect blockchain in early 2019. The system would tokenize private information that ensures secure international transactions.
9) The Swiss online bank Swissquote now enables purchasing ICO tokens. You can buy them through an online bank account. Acquired tokens will be stored in a special wallet.
10) HTC has presented the first iteration of the blockchain smartphone Exodus 1 in Berlin. The smartphone is expected to go on sale in 34 countries this December. The device will cost 0.15 BTC or 4.78 ETH.
11) Blockchain platform for distributing video content TaTaTu, which raised $585 million during the ICO, signed an agreement with Johnny Depp. The actor’s film company Infinitum Nihil would produce movies and digital content for TaTaTu.
12) Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov explained that absence of the concepts of “mining” and “bitcoin” in the draft law “On digital financial assets” hints to a “sad” future for cryptocurrencies.
13) The Japan Association of Virtual Currency Exchanges (JVCEA) received the right to self-regulation from the country’s main regulator, the Japan Financial Services Agency (FSA).
14) The Taiwan Financial Supervision Commission will simplify the procedure for launching ICOs in the country and fully legalize them.
15) Tether Limited burned 500 million USDT tokens. The company once again noted that any USDT owner could redeem their tokens with real US dollars that secure the cryptocurrency.
16) The branch of the China International Economic and Trade Arbitration Commission in Shenzhen decreed that the ownership of bitcoins in China should be considered legal.
17) The Ministry of Finance prohibited the British Royal Mint to issue the Royal Mint Gold (RMG) cryptocurrency, backed by gold.
18) Ripple published a financial report for the third quarter of 2018: sales of XRP tokens increased more than twofold and generated revenue of $163.33 million.
19) While the major stock indexes collapsed, Bitcoin continued to stand its ground. This refutes the widespread claims that the price of Bitcoin correlates with traditional finances. It’s worth noting that the current collapse of the US stock market is one of the biggest in recent years. The fall in the Nasdaq technology index, which dropped by 4.43% over the day, was especially disheartening. This is the biggest fall since August 2011.
20) The number of Google search requests for the word “Bitcoin” decreased by 93% compared to last December. This is quite natural, because back then the price of Bitcoin reached its peak.
2. Market analysis from club experts for October 22–28, 2018
The last week was hardly surprising for crypto traders and investors. Volatility, pumps/dumps, despair and enthusiasm — all the usual stuff.
Compared to the stock market though, the waves of the crypto market begin to look pale sometimes. The total capitalization remained in the $208–211 billion corridor for the entire week, despite the worries.
Trading volumes were also fairly stable: $9–11 billion. BTC dominated the market at 54% without deviations, although the Altcoins performed very good.
In the end of the week, the price for 1 BTC remained the same: $6480 on Monday and Sunday, though it fluctuated between $6380 and $6540 ($6478 at the time of the report) during the week.
However, the last week showed a strong growth of a number of coins, despite the price of BTC, and many coins skyrocketed from the levels below TOP100 CMC. Last week the stock market experienced a rather sharp fall, and according to reports, a number of stocks have incomparably higher volatility than many coins from TOP100.
The general sentiment makes it clear that cryptographic market is gaining increasingly more attention of institutional traders and very soon trading instruments will be available through a single terminal in any market.
In the meantime, the blockchain technology and cryptocurrency are gaining momentum in the world, and that’s great! Though some cypherpunks are not happy about this!
3. Changes in the cost and capitalization of the TOP-10 cryptocurrencies in the period of October 22–28, 2018

https://preview.redd.it/91fmpru2t5v11.jpg?width=681&format=pjpg&auto=webp&s=91c4bc7dca5190cf8bf6c326bdae5d1f32002df4
4. TOP-3 growing coins from the long-term portfolio for October 22–28, 2018 (including portfolio updates) The fastest growing portfolio coins: IOTeX + 50% (), Neblio NEBL + 40% (), Decred DCR + 15% (listing on Binance). The worst performing coin is Mysterium MYST -28% — correction of the growth during the last week.
Want to be the first to receive news, updates from analysts and trade signals? Join @gitsupport channel and start earning with us!
submitted by Golden_Island_Club to u/Golden_Island_Club [link] [comments]

List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention houseme in the comments. We will make improvements based on your feedback.
 
Web | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal
 

NEXT DAY UPCOMING EVENTS

 
Exchanges
Listing on BitenTrade May 18, 2018
ColossusCoinXT(COLX) FUBT Listing May 18, 2018
ColossusCoinXT(COLX) Listing on FUBT.top May 18, 2018
Acute Angle Cloud(AAC) Listing on Huobi Korea May 18, 2018
True USD(TUSD) Listing on Binance May 18, 2018
True USD(TUSD) Listing Postponed May 18, 2018 12:00 AM - May 22, 2018 11:59 PM
APR Coin(APR) Listing on CryptoBridge May 18, 2018 12:00 AM - May 19, 2018 11:59 PM
Vertcoin(VTC) Vertpig Exchange Launch May 19, 2018
Zcash(ZEC) Gemini Exchange Listing May 19, 2018 9:30 AM - 11:59 PM
 
ICO/Pre-Sales
Togliatti IBF May 18, 2018
 
Conferences
bComm Conference May 18, 2018
Bitcoin(BTC) Bitcoin (BTC) bComm Conference May 18, 2018
Bitcoin Cash(BCH) CoinGeek bComm Conference May 18, 2018
DADI(DADI) DADI Community AMA May 18, 2018
DeepBrain Chain(DBC) DeepBrain Chain Community AMA May 18, 2018 2:00 AM - 11:59 PM
Achain(ACT) Cryptocurrency Conference May 19, 2018 12:00 AM - May 20, 2018 11:59 PM
Bankex(BKX) Proof-of-Skill Hackathon in Moscow, Russia May 19, 2018
Genaro Network Head of CIS Amirsan Roberto attends WBCSummit in Moscow May 19, 2018 8:00 AM - May 20, 2018 7:00 PM
 
Blockchains
WAX(WAX) VGO Items May 18, 2018
Genaro Network(GNX) WBCSummit May 19, 2018 12:00 AM - May 20, 2018 11:59 PM
 
Meetups
CyberMiles(CMT) CyberMiles Beijing Meetup, China May 18, 2018
Pundi X [NEW](NPXS) Pundi X Seoul Meetup, Korea May 18, 2018
Pundi X [NEW](NPXS) Meetup in Beijing May 18, 2018 6:00 PM - May 19, 2018 11:59 PM
Ambrosus(AMB) Ambrosus New York Meetup, USA May 18, 2018 6:00 PM - 7:00 PM
NEM(XEM) Huobi Joint Meetup May 18, 2018 7:00 PM - 10:00 PM
 
Software/Platforms
iExec RLC(RLC) IEXEC RLC ($RLC) RELEASE V2.0 May 18, 2018
Mysterium(MYST) Roadmap & VPN Updates May 18, 2018
StakeNet(XSN) Whitepaper Release May 19, 2018
 
Fork/Hard Forks
Mooncoin(MOON) Mooncoin (MOON) - Hard Fork May 18, 2018
 
General
KickCoin(KICK) KickCoin (KICK) Monthly Bonus May 18, 2018
Block Array(ARY) ETHMemphis Sponsor May 18, 2018
DeepBrain Chain(DBC) Livestream on YouTube May 18, 2018 2:00 AM - 11:59 PM
Gluon (GLU) - IPD Annual Garage Sale Show May 19, 2018
Ethereum Classic(ETC) Difficulty Bomb Removal (ECIP-1041) May 19, 2018
SportyFi(SPF) SportyCo (SPF) - WFC 22 May 19, 2018
DFSCoin(DFS) Esports Arena in Las Vegas May 19, 2018 12:00 AM - May 20, 2018 11:59 PM
 
Partnerships
Havven(HAV) MarketProtocol May 18, 2018
 
Air Drops
Switcheo(SWH) Airdrop May 18, 2018
FuzeX(FXT) FXT Airdrop on COBINHOOD May 18, 2018 6:00 AM - 11:59 PM
 
 
submitted by cryptocalbot to CryptoMarkets [link] [comments]

Binance Launches P2P Trading for Chinese Yuan Cryptocurrency News 2nd March - Bitcoin Ethereum Binance exchange hack ontology cardano usa Major Exchange Bittrex DENIED New York BitLicense; Immediate Backlash Binance Interview - Erick Zhang Managing Director Binance US Review & Tutorial! Did Binance Just Replace Coinbase?! Binance Hacked - What You Need to Know About Holding Your Cryptocurrencies on Centralized Exchanges Bitcoin & Binance News with Cointelegraph Coinbase vs Kraken vs Binance cryptocurrency exchanges New York Coin, Litecoin + BlockFi, Elon Musk + Bitcoin, EOS Voice & Bitcoin Is Golden ✔️EXCHANGE BINANCE como COMPRAR CRIPTOMOEDAS fácil e rápido

The New York State Department of financial services (DFS), the Bitlicense regulator, has published a Greenlist comprising 10 cryptocurrencies for custody and eight cryptocurrencies for listing ... Winklevoss twins' bitcoin exchange Gemini has finally received approval from New York's DFS to operate as a financial services firm. Yesterday, the New York Office of the Attorney General released a scathing report against thirteen cryptocurrency exchanges. After the release of the report, the New York State Attorney General (NY AG) referred three exchanges – Binance, Kraken, and Gate.io – to the New York Department of Financial Services to investigate a possible violation of New York regulatory law. Crypto exchange Binance is launching a dollar-backed stablecoin in the U.S. Moreover, the new Binance USD (BUSD) has received the blessing of the New York Department of Financial Services (NYDFS). One of the world’s largest crypto exchanges by trading volume, Binance, has been making headlines on a regular basis for the last three years. The exchange is being the topic of countless reports once again today, January 6th, after its recent announcement that its stablecoin was just approved by the New York State Department of Financial Services (). Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume ... with the DFS’s approval, New York State-chartered Paxos will be able to provide trading and custodial services to PayPal to allow the fintech giant’s 346 million customers to buy, sell and hold cryptocurrency. Four DFS-approved digital assets will be ... Why a Top Cryptocurrency Exchange is Technically Illegal in New York City. Cannot operate within a New York zip code. Flickr / anieto2k. Gabriela Barkho. 1.17.2018 9:29 PM. Regulation appears to ... Home Bitcoin News Binance Stablecoin Receives ... by one of the world’s largest crypto exchanges, Binance, its USD-backed stablecoin was just approved by the New York State Department of Financial Services. One of the world’s largest crypto exchanges by trading volume, Binance, has been making headlines on a regular basis for the last three years. The exchange is being the topic of ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume The top crypto exchange highlights the Binance USD backed stablecoin (BUSD) being approved by New York’s State Department of Financial Services (NYDFS). Although it has been approved since launching in partnership with Paxos, this is a reminder to traders that during volatile swings in prices, there is a zero-fee option to jump out of Bitcoin or Altcoins into a stablecoin. Bitcoin jumped ...

[index] [6859] [20859] [7232] [1612] [13237] [10221] [4746] [19875] [4884] [10415]

Binance Launches P2P Trading for Chinese Yuan

️EXCHANGE BINANCE como COMPRAR CRIPTOMOEDAS fácil e rápido #reidobitcoin #bitcoin #binance Nesse vídeo sobre CRIPTOMOEDAS, BITCOIN, mostro como comprar a criptomoeda IOTA na EXCHANGE BINANCE ... Binance has just launched their new cryptocurrency exchange Binance US! Specifically for US residents, what coins are available and what states are allowed to use Binance.US? Binance.US referral ... The exchange states that users should update their Binance Android app to the latest version in order to gain access to the new service and that it will slowly roll out support for iOS and web ... New York consumers who have questions or concerns about today’s action can log onto https://www.dfs.ny ... Cardano, What The Future Holds; Yahoo! Japan Crypto Exchange; Twitch Drops Bitcoin ... Molly from Cointelegraph and I discuss some of the latest news in Bitcoin and crypto, including Binance and Coinbase. Subscribe to Cointelegraph: https://goo.gl/JhmfdU Free Cryptocurrency Course ... Learn about the different major crypto exchanges out there. I will be hosting a webinar this Monday on Oct 28 at 12 PM EDT. Here are the details: Bryan Downing is inviting you to a scheduled Zoom ... They also cover Bitcoin breaking above $6k while they recorded as well as the Grayscale Investment "Dump Gold and Buy Bitcoin" campaign, The New York AG going after the Bitfinex the company behind ... Tim Draper predicts the price of bitcoin after the halving! - Duration: 49:17. Crypto Finder 182,486 views. 49:17. BINANCE MONUMENTAL ACQUISITIONS & BIDAO REVIEW (Binance DeFi on BNB coin) U.S ... Here you can buy Cryptocurrencies: https://www.coinbase.com/join/5935a70d05fcbc0a980a2643 Here you can buy Most of the cryptocurrencies: https://www.binance.... Binance - Exchange the World Binance is the world's leading cryptocurrency exchange. Trade Bitcoin, BNB, and hundreds of other cryptocurrencies in minutes. Binance Referral Link: https://binance ...

#