Canadian Regulatory Group Targets Crypto Exchanges Holding Users’ Digital Assets – CoinDesk

Canada’s top financial watchdog has told crypto exchanges they will be subject to securities law if they act as custodians to users’ digital assets. The Canadian Securities Administrators (CSA) said in guidance published Thursday the common exchange practice of custodying users’ assets – “merely providing users with a contractural right or claim to an underlying […]

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Deribit Takes On New Trading Tools to Capture ‘Exploding’ Options Market – CoinDesk

Amid increasing activity within the crypto derivatives market, software maker Trading Technologies (TT) announced Wednesday it would provide trading tools to users of leading crypto exchange, Deribit. Included in the suite are advanced order types, charting and analytics as well as access to a feature allowing users to create algorithms for bot trading. TT users […]

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Coinbase-Led Crypto Ratings Council Plans Transparency Boost as New Members Join – CoinDesk

The Crypto Ratings Council (CRC), the Coinbase-led organization hoping to create a standard for assessing whether different cryptocurrencies are securities under U.S. law, is adding new members. The group announced Thursday that eToro, Radar and OKCoin US have joined the aspiring industry group looking to streamline how exchanges assess whether a cryptocurrency is a security. […]

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Anchorage Moves Into Crypto Trading With New Brokerage Service – CoinDesk

Crypto services startup Anchorage has launched a crypto platform for its institutional investors and acquired the data analysis firm Merkle Data. Announced Wednesday, the moves mark an expansion in offerings for a company originally focused on providing institutions custodial services, as it continues to bet that adding more features like trading will carry crypto further […]

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Crypto Analytics Firm Elliptic to Tell US Congress Privacy Coins Need Stricter AML Rules – CoinDesk

A crypto analytics startup will recommend the U.S. Congress call for more stringent anti-money laundering (AML) enforcement around exchanges facilitating the trade of privacy coins during a hearing on how cryptocurrency is being used in human trafficking. At a Wednesday hearing revisiting landmark legislation passed 20 years ago, the House of Representatives’ Tom Lantos Human […]

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