1. Stellar Lumens Is About to Begin Trading on Coinbase Pro
The Stellar lumen has just become the latest cryptocurrency to be listed on Coinbase’s professional exchange. Coinbase Pro announced Wednesday that it was accepting deposits of XLM, with trading support coming once sufficient liquidity is established. The process will take a minimum of 12 hours, according to a blog post.
The cryptocurrency is not yet available on Coinbase’s retail platforms, including coinbase.com or its Android and iOS apps.
[Source: Coindesk] ✩✩✩✩
2. Nasdaq Licences Its Market Surveillance Tech to Crypto Startup Bcause
United States-based crypto startup Bcause LLC will use Nasdaq’s trading, clearing and market surveillance technology, Nasdaq announced in a press release today, March 13.
According to the announcement, Bcause will use the tech for its spot cryptocurrency market, set to launch via Nasdaq’s Financial Framework platform in the first half of 2019.
[Source: Cointelegraph] ✩✩✩
3. Qatar- Commercial Bank joins international blockchain collective
Commercial Bank has become the first bank in Qatar to join enterprise software firm R3’s collaborative initiative to develop innovative applications and solutions on its ‘Corda’ blockchain platform. The bank joins R3’s global network of more than 300 of the world’s largest financial services firms, technology companies, central banks, regulators, and trade associations working together on Corda an enterprise-grade blockchain platform that removes costly friction in business transactions.
[Source: Menafn] ✩✩✩✩✩
4. Crypto Exchange Bittrex International to Host Its First Public ‘Initial Exchange Offering’
Crypto exchange Bittrex is hosting its first token sale — dubbed an Initial Exchange Offering (IEO) — on Bittrex International, its Malta-based digital asset trading platform. Bittrex International, which operates within an EU and Maltese crypto regulatory framework, will officially start the IEO on Friday, March 15, the press release announces. Bittrex users will be able to use Bitcoin (BTC) to purchase “XRD” tokens, developed by international gaming data blockchain project Raid.
[Source: Cointelegraph] ✩✩✩✩
5. Russia Adopts Digital Rights Law That ‘Forms the Basis’ of Digital Economy Development
Russia’s parliament, the State Duma, has voted to enact new digital rights legislation in October this year, according to a press release on the Duma’s official website on March 12. The changes to Russia’s civil codex passed their third and final Duma reading on Tuesday. The law reportedly establishes the concept of “digital rights” in Russian legislation with the addition of a new article, 141.1, of the Civil Code of the Russian Federation. The law determines how digital rights can be exercised and transferred, as well establishes rules for digital transactions, including contracts.
[Source: Cointelegraph] ✩✩✩
6. PwC’s Strategy&: Security Token Offerings ‘are Not Fundamentally Different From ICOs’
Security token offerings (STO) are becoming more popular, relative to initial coin offerings (ICO), according to a new report by Big Four firm PwC’s global consulting subsidiary Strategy& in collaboration with the Swiss Crypto Valley Association. According to the joint report, STOs “are not fundamentally different from ICOs”, and are “a more mature and regulated form” of fundraising, noting — given the definition of a security — that the tokens sold in an STO can provide investors with various financial rights.
[Source: Cointelegraph] ✩✩✩
7. ethereum Co-Founder Joseph Lubin: Blockchain Can Benefit Artists, Journalists
Ethereum co-founder and ConsenSys creator Joseph Lubin said that blockchain technology and decentralization can benefit content creators and journalists. Lubin spoke about different industries that are benefitting from blockchain technology in a video on March 12.
[Source: Cointelegraph] ✩✩✩
8. Basel Committee: Growth of Bitcoin is a Bad Sign For Global Banking System
The growth of crypto assets like bitcoin is a bad sign for the global banking system, warned the Basel Committee.
The banking supervision forum said that crypto assets had become popular despite exhibiting a high degree of volatility and risk. The Committee noted that while the new financial instruments were immature, they still presented many risks for banks. They were threats related to liquidity, credit, market, operations (including fraud and cyber threats), money laundering, terrorist financing, as well as legal and reputation risks.
[Source: NewsBTC] ✩✩✩
9. Digital Currency Wallet Abra Adds Direct Support for ETH Instead of as Asset Derivative
Digital currency wallet and exchange Abra has launched native Ethereum (ETH) support, according to an official blog post published on March 12.
Users will now be able to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use the altcoin as an on-ramp to invest in other Abra-listed crypto and fiat currencies — over 30 crypto assets and 50 fiat currencies.
[Source: Cointelegraph] ✩✩✩✩
10. New York Times Posts ‘Blockchain Exploration’ Job Listing, Removes It Hours Later
United States news giant the New York Times (NYT) has evidently been hunting blockchain talent to develop a proof-of-concept (PoC) that will implement the tech in news publishing. The development was revealed in an NYT job posting on job listings site Glassdoor today, March 13.
To press time, the original listing has been taken down from the Times’ site, and has been made “unavailable” on some listings sites, such as Indeed, where it nonetheless remains visible.
[Source: Cointelegraph] ✩✩✩
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