1. SIX Swiss Exchange Launches ethereum-Based Exchange-Traded Product
Switzerland’s primary stock exchange, SIX Swiss Exchange, has launched trading of an Ethereum (ETH)-based exchange-traded product (ETP) on March 5, according to SIX Group’s website. Backed by the Swiss startup Amun AG, the new Ethereum-based ETP will be trading under the index AETH. The management fee of Ethereum ETP will amount to 2.5 percent.
[Source: Cointelegraph] ✩✩✩✩✩
2. Malta Digital Exchange Relocates Operations to Malta Stock Exchange Premises
Malta Digital Exchange (MDX) is moving in with the Malta Stock Exchange (MSE) in contemplation of the launch of its digital exchange division, the Times of Malta reported on March 5.
[Source: Cointelegraph] ✩✩✩✩✩
3. Nasdaq’s Tokenizing Platform In Trial, Product Manager Confirms
Acknowledging the frailties, the Nasdaq’s Blockchain Product Manager, Johan Toll, said the fragmented nature and intermediary packed operations mutual fund business leads to slow transactions. He is looking forward to a system where share issuance is instantaneous and done via the blockchain. Good news is, Nasdaq is testing such an efficient and fast system in Sweden.
[Source: Ethereumworldnews] ✩✩✩✩
4. Mercury FX Fires Up Ripple’s xRapid, Sends First XRP-Powered Payment to the Philippines
Mercury FX, a global currency exchange provider with offices in London, Hong Kong and Cape Town, says it’s new xRapid payment corridor to the Philippines is up and running. The first payment using xRapid was just completed on behalf of a client in the UK who needed to send money across the world to pay for his honeymoon. Mercury FX says it plans to open up as many as 10 new payment corridors using Ripple’s XRP-based xRapid by the middle of this year, including routes to Canada and the Middle East.
[Source: DailyHodl] ✩✩✩✩✩
5. New Partnership Allows TrueUSD Traders to Audit The Coin’s Backing Assets
A new partnership between stablecoin TrueUSD (TUSD) and accounting firm Armanino purportedly allows traders to conduct instant audits of the token’s backing. The news was announced by TrueUSD in a blog post on Mar. 5.
[Source: Cointelegraph] ✩✩✩
6. $6 Billion Crypto Surge Propels Bitcoin Toward Key Hurdle
The cryptocurrency market surged by $6 billion on Tuesday, propelling litecoin to a new yearly high and launching bitcoin one step closer to a major hurdle it needs to cross before it can slay its historic bear market.
[Source: CCN] ✩✩✩✩
7. Russia Adopts Bill Aimed to Provide Domestic Crypto Legislation in Second Reading
Russia’s parliament has adopted in the second reading the bill “On Digital Financial Assets,” aimed at formulating national cryptocurrency legislation, according to a statement published on the parliament’s website on Tuesday, March 5.
[Source: Cointelegraph] ✩✩✩
8. Futures Trading Nears $1 Billion in First Month at Kraken Crypto Exchange
Cryptocurrency futures provider Crypto Facilities has seen “tremendous growth” since being acquired by U.S.-based crypto exchange Kraken last month, an executive said.
Sui Chung, the subsidiary’s head of indices and pricing products, told CoinDesk that trading volume has increased more than 500 percent since Kraken acquired the futures exchange at the beginning of February for $100 million.
[Source: Coindesk] ✩✩✩
9. Opera Web Browser Crypto Wallet to Expand Services to iOS Users
Major web browser Opera has announced the upcoming launch of Opera Touch for iOS, according to an official press release published Tuesday, March 5. Opera Touch is a Web 3 browser with an integrated crypto wallet and support for Ethereum (ETH) and interactions with decentralized applications (DApps).
[Source: Cointelegraph] ✩✩✩✩
10. Creditor protection extended for cryptocurrency exchange Quadriga
Embattled cryptocurrency exchange QuadrigaCX has received a reprieve from its creditor protection deadline as the search for nearly $200 million in missing virtual currency continues. Nova Scotia Supreme Court Justice Michael Wood today granted the insolvent company a 45-day extension for a stay of proceedings.
[Source: CBC] ✩✩✩
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