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business news
Facebook Libra Is Seeking to Register as a Payment System in Switzerland
The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

Legacy Trust to Launch Independent Crypto Custody Business
Hong Kong-based Legacy Trust is spinning out a new business focused entirely on institutional-grade cryptocurrency custody solutions.

Bakkt to Require $3.9K Down Payment on Bitcoin Futures Contracts
Bakkt has revealed the initial margin requirements for its bitcoin futures contracts ahead of a scheduled Sept. 23 launch.

Coinbase Hires Ex-COO of Nerdwallet to Succeed Emilie Choi in VP Role
Coinbase hired Dan Yoo, a veteran of LinkedIn and Nerdwallet, as its new VP of business and data, replacing Emilie Choi, now the exchange’s COO.

CipherTrace Enters Race to Solve Crypto's FATF Compliance Headache
CipherTrace has rolled out software for sharing sensitive customer information under the FATF’s new “travel rule” for global crypto exchanges.

First Tokenized IPO Launches on National Stock Exchange
The national stock exchange of the Seychelles is today launching the world's first IPO of tokenized shares, utilizing the ethereum blockchain.

Netki Retools Digital ID Service for FATF's New Crypto 'Travel Rule'
Nekti has upgraded its digital ID service to help crypto firms meet the FATF's tough new standards for combating money laundering.

Cryptocurrency Has 'Long-Term Potential,' Says Apple Exec
Apple is "watching cryptocurrency," according to an executive at Apple Pay.

Custody Provider Legacy Trust Launches Crypto Pension Plan
Cryptocurrency custody provider Legacy Trust is launching one of the first digital assets-based pension plans.

Wallet Giant Blockchain Raising $50 Million Crypto Fund: Report
Crypto wallet and data provider Blockchain is raising a VC fund to invest in industry startups and cryptocurrencies, according to a report.
