Fidelity to Launch Crypto Custody and Brokerage Solutions for Institutional Investors
Yesterday, Fidelity Investments, one of the world's largest financial services provider, announced the launch of a new company for crypto custody and brokerage solutions, named Fidelity Digital Asset Services. According to the announcement, the new company will offer "enterprise-quality custody and trade execution services" for cryptocurrencies to institutional investors and is expected to be available in 2019. Chairman and CEO of Fidelity Investments, Abigail P. Johnson, explained:
"Our goal is to make digitally-native assets, such as bitcoin, more accessible to investors. We expect to continue investing and experimenting, over the long-term, with ways to make this emerging asset class easier for our clients to understand and use.”
Read more here
BitPay Now Supports Settlement in Stablecoins USDC and GUSD
Yesterday, blockchain payment processor BitPay, announced via a press release that merchants could now choose to receive settlement in two regulated fully-collateralized stablecoins: Circle's "USD//Coin" (USDC) and the Gemini digital asset exchange's "Gemini Dollar" (GUSD). In addition to the previously accepted cryptocurrencies, Bitcoin (BTC) and Bitcoin Cash (BCH). Bitpay's Co-Founder and CEO, Stephen Pair, stated:
"BitPay was founded to make payments faster, more secure, and less expensive using Bitcoin for organizations around the world. The introduction of the USDC and GUSD stable coin offers BitPay customers a new alternative to holding Bitcoin and Bitcoin Cash by offering a stable coin option."
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Moneynetint Becomes Newest Member of RippleNet, Ripple’s Global Payment Network
Yesterday, Moneynetint, a UK-based payment service provider for online merchants, joined RippleNet, Ripple's global payment network. According to a report published yesterday in PaymentsJournal, Moneynet has already begun to receive payment instructions from two other network partners and process these payments in a secure and decentralized manner. Moneynetint's CEO, Yishay Trif, explained:
"The cooperation signed with Ripple is part of the company’s strategic move to advance into innovative areas of the payments industry and to become a groundbreaking institution in the field. The fact that RippleNet serves as a platform that sets uniform parameters for all its members facilitates the process of interfacing between international financial entities."
Read more here
MJAC Conference
Dear users, it’s with great pleasure that we invite you to attend the MJAC blockchain conference.
Hosting the biggest and brightest blockchain leaders, the MJAC conference will be the perfect place to learn, network and discuss the future of the crypto industry.
The event counts with a long list of sponsors and media partners. You can count on a great variety of exhibitions booths and many prominent speakers. The list of speakers includes the founder of Atlas Neue and former CCO of Ethereum Stephan Tual, Circle’s European Legal & Business Director Claire Wells, Global CMO and EMEA Managing Director at Circle Marieke Flament, Ripple’s Head of European Regulatory Relations Dan Morgan, founder of Atlas Neue Cassius Kiani, Head of ICO Advisory at NKB Group Marina Titova, CEO and Co-founder of Coinfloor Ltd Obi Nwosu, and European Marketing Lead at Coinbase Joseph-Daniel Millwood, among many others.
The event will take place November 30th on Old Billingsgate, a historical event venue located in the heart of London.
Get your tickets here (use the CC30 discount code to get 30% off)