Blockchain DATA Foundation Forms Partnership with XCHNG of Kochava

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Goldman Sachs Hires Crypto Trader to Head Digital Assets Division [But Still Denies it’s Launching Trading Desk]

Goldman Sachs has hired a securities trading veteran to help the firm develop a digital asset strategy, but the investment banking giant continues to deny that it is launching a cryptoasset-focused over-the-counter (OTC) trading desk. According to business news outlet Tearsheet, Goldman Sachs quietly hired Justin Schmidt last week. Schmidt, who now serves as vice

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Circle’s OTC Crypto Desk Doubles Minimum Orders to $500,000 While Clearing $100 Million Trades

‘The market is robust.” That’s how Jeremy Allaire, chief executive of fintech startup Circle, described the nascent institutional cryptocurrency trading market, which he says has grown dramatically in 2018 even as prices entered a bear cycle. Speaking with Business Insider, Allaire said that Circle Trade — the company’s over-the-counter (OTC) trading desk  — has doubled

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Hong Kong and Singapore Prove Safe Havens for ICO Listings

The ban on ICOs in China is sending blockchain startups that are looking to raise funds into the arms of rival Asian regions. In particular, blockchain startups are increasingly flocking to Hong Kong, where there’s more freedom than Mainland China, and Singapore to launch their token sales, according to market participants cited in a report in

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Iran Central Bank Bans Domestic Banks from Cryptocurrency Dealings

Citing money laundering concerns, the Central Bank of Iran (CBI) has banned the country’s banks from offering services to crypto firms or dealing in cryptocurrencies. The CBI’s supreme committee, also in charge of curbing money laundering and fighting capital flight in Iran, has issued a circular prohibiting banks and financial institutions from transactions that enable

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