Welcome to our seventh week summary!
The DX.Exchange moves with the offer of NASDAQ's stenciled shares
The stock market took off last week and thanks to obtaining a license Estonian Financial Intelligence Unit and compliance with the MiFID II European Directive, the exchange will be able to operate within the European Union and its services will not be available to American citizens. The DX.Exchange offer will cover both the possibility of buying and exchanging cryptocurrencies, and the purchase of shares up to 10 of prestigious companies listed on the NASDAQ stock exchange in the form of stokenized securities.
Ledger Nano now also mobile
The new version of the well-known hardware wallet - Ledger Nano X - which was announced at the recent CES - Consumer Electronics Show, will include a bluetooth module. The wallet makers will of course provide a suitable mobile application that will work with the wallet.
EU regulators want to set the same rules
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) want to set rules for cryptocurrencies and ICOs for the entire European Union. In the published reports, they note that it would be necessary to work on it, for example for the sake of investors' safety.
The Thai Ministry of Finance grants licenses
Currently, many companies are applying for the necessary licenses to be able to operate freely in the blockchain industry. Things are no different in Thailand. After the last submission of applications by companies in this industry - 4 of them were granted licenses and two were rejected. As reported in the report, the rejected companies did not meet the required standards and therefore their applications were rejected.
Bitwise wants to launch a new ETF
Bitwise Asset Management has completed the initial ETF mobilization application. As they say, they want to meet the requirements and regulations that have so far rejected most of the ETF proposals on Bitcoin.
Korean stock exchanges and governmental audit
According to recent reports, as many as two-thirds of Korean cryptocurrency exchanges have not passed the government's security audit. Only 7 of them - Upbit, Bithumb, Gopax, Korbit, Coinone, Hanbitco, and Huobi Korea - passed the test. The remaining 14 are not well secured enough, says the local finance ministry, but does not want to reveal exactly which stock exchanges are.