Welcome to our ninth summary of the week!
Free jobs in Bakkt
Last week Bakkt announced that they are looking for employees for specific positions in two main locations - Atlanta and New York. They are looking primarily for developers at the level of "senior developer" and development director. They are looking for people primarily related to the software and blockchainbut there will also be something for people who are involved in finances. Such information is encouraging because it only strengthens the cryptocurrency community that Bakkt is still growing and doing well.
Great Britain cares about the interest of its citizens
The local regulator - Financial Conduct Authority's (FCA) - published a very interesting document that will help citizens understand how cryptocurrencies are and will be regulated in their country and how to navigate this market. The date of issue of the final version of the document was set at 5 on April 2019r.
Bitcoin for institutional
A licensed stock exchange located in Chicago - Seed CX - launched trade Bitcoin for institutional investors. Although initially offer only a pair of BTC-USD, in the near future they plan to introduce pairs with Ethereum, Litecoin and Bitcoin Cash.
Singapore holds back STO
The Monetary Authority of Singapore (MAS) - that is, the local regulator stopped all Security Token Offering (STO) run locally. This is due to the fact that according to local law, all such companies that want to finance with STO must first register it in MAS. Bearing in mind the good of investors, MAS warns them about the risks involved in investing in such startups.
Italy on its way to regulation
The Italian government is making its first steps on the road to regulating the blockchain zone in its country. The Senate's website has the first approval by the local committee.
Coinbase introduces improvements
One of the largest stock exchanges - Coinbase - introduces improvements for users in the United States. Users will be better informed on how to handle the necessary matters related to taxes on trading in cryptocurrencies, and the platform will support software TurboTaxto which the user will be able to insert a list of his transactions.
The Swiss bank runs crypto-wallet
Swiss bank - Falcon - wanting to expand its services, it provides users with a new wallet - a wallet dedicated to cryptocurrency. It will support four major currencies - Bitcoin, Bitcoin Cash, Ethereum and Litecoin. Falcon is not limited only to institutional investors, because private investors will also be able to use this service, and it will probably provide the most important function that can be expected by someone who invests in cryptovalies - direct exchange of cryptocurrencies into fiat currencies.
As reported by the latest news, one of the largest cryptocurrency exchanges - Huobi - he also plans to run his own stablecoina and it's still in the first half of this year. Is it a fashion or just a universal solution? Perhaps stablecoiny will cause greater stability of this market and will be a recipe for numerous turmoil that the crypto market has suffered.