November 19-25 weekly recap

Wilfred Michael 

Wilfred Michael

Reporter

26 November 2018,
11:00
November 19-25 weekly recap

St.market.co Weekly Round Up

We've come to the end of another busy week for cryptocurrencies, security tokens and blockchain technology.

Even though it was more negative than positive for most of the top cryptocurrencies, we bring you a weekly round up of the biggest news in the industry this week.

Did you miss any of these big news?

 

First Crypto Exchange Traded Fund goes Live in Switzerland

A crypto investments bank has successfully launched a new product tracking five of the top cryptocurrencies by market cap. The new fund is listed on the Six Swiss Stock Exchange, the fourth largest exchange in Europe.

 

Bakkt Bitcoin Futures Launch Postponed Again

After the startup announced that their new crypto based offering for Institutional Investors would now be released on January 29, 2019, we delved into the reasons why the launch was postponed

 

France Will Introduce Regulations To Make ICOs Pay Taxes

The European nation had reportedly started to draft rules to regulate initial coin offerings (ICOs) and could roll them out as soon as early next year. The country hope to tax the projects after the rules are unveiled.

 

India Policy On Cryptocurrencies Expected Early Next Year

Just like France, India is already putting “efforts” to complete a draft rule that will govern cryptocurrencies according to a court counter affidavit submitted earlier this week by the Reserve Bank of India.

 

U.S Justice Department Probes Tether Over Bitcoin Epic Rise in 2017

The troubled stablecoin came on the radar of the U.S judiciary for fresh claims that its issuers used it to manipulate the price of Bitcoin last year.