VCTRADE, the world’s first bank-backed cryptocurrency exchange, was delayed for months following the Coincheck hack.
EURS tokens are intended for use by licensed financial institutions, and appear to be fully backed.
Hong Kong Monetary Authority and seven banks build trade finance platform.
EOS, Block.one’s first project, raised $4 billion during its ICO.
Another British Overseas Territory exhibits a progressive attitude to regulation.
Malcolm Burne is a former stockbroker and Financial Times journalist.
The Financial Stability Board does not consider cryptocurrency a threat to financial stability, yet.
The company has already applied for licences in the two countries.
The company considers five new cryptocurrencies shortly after announcing the imminent addition of Ethereum Classic.
The Task Force on Market Integrity and Consumer Fraud will be chaired by the Deputy Attorney General.