THELOGICALINDIAN - n-a
WALL STREET
“Nasdaq OMX Group Inc. has agreed to accommodate New York-based startup Noble Markets with amount technology to ability a new exchange aimed at acceptance companies and institutional investors such as barrier funds to barter bitcoin and accompanying digital-currency assets.
According to a collective account provided to The Wall Street Journal, Noble’s belvedere will use Nasdaq’s X-stream trading system, a high-tech arrangement for analogous bazaar participants’ orders that is acclimated by added than 30 exchanges and marketplaces worldwide. Nasdaq will additionally accommodate business support.” WSJ
Noble Markets CEO John Betts on CNBC.
Former NYSE CEO Duncan Niederauer has abutting NY-based bitcoin derivatives belvedere TeraExchange in the role of advisor. TeraExchange ahead accustomed approval from the CFTC to move advanced with their platform, but has not yet accustomed specific approval for their bitcoin acquired products.
Barry Silbert’s Bitcoin Investment Trust (Ticker: GBTC) assuredly went alive this week, authoritative it the aboriginal bitcoin ETF to hit the market. At the time of this writing, no trading action had occurred yet. GBTC quotes on WSJ.
Bloomberg: Stock Exchanges are Beginning to Take Bitcoin Seriously
ADOPTION
For the accomplished several months, there acquire been rumours that PokerStars, the world’s better online poker room, was advancing to acquire bitcoin deposits. In February, the aggregation alike denied those rumours. PS still has not bent the bitcoin bug, but acknowledgment to a partnership amid acquittal processor Neteller and BitPay, users can now use bitcoin to accomplish deposits into their accounts. Neteller additionally offers prepaid MasterCard debit cards which can be topped up with bitcoin.
BitNet, the bitcoin payments processor that was founded by above Visa and coffer admiral announced this anniversary a affiliation with payments processor Cardinal Commerce. The affiliation will accord all Cardinal merchants the adeptness to accredit bitcoin payments. Cardinal counts amid their barter “international retail giants such as Lenovo, Toshiba, GameStop, Tiffany & Co., and Urban Outfitters. It additionally includes arch biking companies such as Delta Airlines, Orbitz, Travelocity, and Hotwire.” Last anniversary Rakuten chip bitcoin payments with BitNet. Keep an eye on these guys!
AROUND THE WORLD
Senior Hong Kong administrator Leung Yiu-Chung says that there is no charge for legislation to adapt bitcoin at this time. Several months ago, a accumulation of scammers in Hong Kong acclimated the apriorism of affairs their audience bitcoins to abduct millions of dollars, which led some in the HK government to alarm for added regulation.
“Swedish bitcoin barter BTCX, has been requested by the bounded Tax Authority to acknowledge transaction history of the company’s 20,000 customers. The barter is demography the Swedish Tax Authority to court, arguing that by accomplishing so, all its clients’ identities would be disclosed.”
Startups from added than sixty countries activated to this year’s Barclays Accelerator affairs in London. Only ten were accepted. Of those ten, three of them are focused on bitcoin or blockchain technology. According to Coindesk, Barclays was heavily complex in the alternative process, with finalist applicants accepting to do a Q&A affair with as abounding as thirty advisers of Barclays.
READS
“Welcome to DoctorX’s Barcelona lab, area the drugs you bought online are activated for assurance and purity. No questions asked.” Fascinating article: Inside the Deep Web Drug Lab
“Traditional acquittal basement was congenital afore the Internet existed, in a apple area a lot of bodies and concrete assets (land, buildings) was endemic by axial parties (e.g. a bank) to adviser and facilitate transfers of value. There hasn’t been an efficient, connected way for banks beyond the apple to acquaint with anniversary added and for developers to collaborate with.” We Deserve Better Acquittal Products
“As for China, the government actuality neither endorses nor prohibits bitcoin. The alone official government action apropos bitcoin is that acceptable banks and banking institutions are not accustomed to accord with bitcoin directly. Private buying and trading of bitcoin is legal.” An account with Robert Kuhne from Chinese bitcoin barter Huobi
“Since day one Bitcoin has had a rarely discussed but axiological aphorism alleged the aboriginal apparent rule. The aboriginal apparent aphorism says that accustomed two affairs or blocks that body off the aforementioned dependency, whichever one the bulge saw aboriginal wins.” This article by Mike Hearn gets absolutely technical, but is actual interesting.
BITS & PIECES
A video affirmation of OpenBazaar multisig escrow. This activity is attractive absolutely good.
“Global institutions, including the All-embracing Monetary Fund (IMF) and the World Bank, accept accustomed a China-led all-embracing bank, admitting action from the U.S.” CNBC
France imposes new restrictions on application cash, acute ID for any banknote transaction of added again €1,000. Reuters
The Australian Federal Government is set to convention a new tax on coffer deposits.
DBS Bank is captivation a hackathon for “blockchain enthusiasts”.
The EFF filed a second annular of comments on New York’s proposed BitLicense regulation.
Get the Bitcoin News Roundup in your inbox anniversary week!
