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The operator of the mobile application for trading stocks and cryptocurrency Robinhood company Robinhood Markets Inc. announced the closure of a round of financing for the E Series, which resulted in an impressive $ 323 million. The company's capitalization then rose to $ 7.6 billion. We're happy to announce a $ 323M valuation. This funding will go towards our mission — democratizing […]

The cryptocurrency division of the financial holding Fidelity Investments has applied for a license of trust to the Financial Services Authority of the State of New York (NYDFS), reports The Block, citing informed sources. Thus, the corresponding license will allow Fidelity Digital Assets to provide custodial services to residents of New York. At the moment, such permission has already been issued by Coinbase, Gemini and Paxos. Note that the cryptocurrency platform […]

John Montroll, founder of the BitFunder “stock” Bitcoin exchange and the WeExchange platform, was sentenced to 14 months in prison in the Southern District of New York, CoinDesk reports. Law enforcement agencies in the United States detained 37-year-old John Montroll and charged him with fraud, as well as setting up an exchange without a corresponding license in February 2018. As the investigation established, in July 2013, John Montroll with […]

The New York State Attorney General’s Office (NYAG) has again filed accusations against the Bitfinex cryptocurrency exchange and Tether. This time, the agency saw signs of unregistered securities in UNUS SED LEO tokens. It is reported by CoinDesk. “The recent“ initial exchange offer ”has signs of issuing securities that are subject to Martin law. There is reason to believe that the release of LEO tokens […]

Belonging to the Winklevossam brothers, Gemini Bitcoin Exchange will apply for a broker-dealer license, which will allow it to operate as an alternative trading system and offer clients securities on the blockchain. It is reported by CoinDesk. The appeal will be sent to the Financial Institutions Regulatory Agency (FINRA). Earlier, Gemini has entered into a partnership with a specialist in the tokenization of real world assets […]

Bittrex Cryptocurrency Exchange temporarily lowered the maker commission (fee for placing a limit order) in pairs with the US dollar to zero, and the taker commission (fee for buying / selling the placed order) to 0.15%. These changes will be valid until July 3 for accounts that at least once showed a monthly trading volume above $ 30 thousand. At the same time other accounts that do not fall under the original […]