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Launch of HYBSE Lesotho New Stock Exchange

Lesotho, South Africa, March 20, 2019 – HYBSE Lesotho (PTY) Ltd. (HYBSE) has launched its exchange today, which allows traders to exchange and trade all financial instruments on a distributed ledger technology (DLT). DLT assists in reducing inefficiencies and improve the speed of doing business by providing a single, shared version of events and implementation of standard business functions. The distributed ledger technology (DLT) and HYBSE technologies consolidate brokers, clearing houses, custodian escrows and settlements into one complete package. HYBSE assumes the role of central equity exchange and functions as a central counter-party, through which financial transactions between different parties are handled and cleared on a global scale. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists today. Click here to sign up.Day to day traders can now trade bluechip shares from all over the world on..

Intercontinental Stock Exchange Seemingly to Expand Cryptocurrency Data Feed

NYSE’s operator ICE hinted at expanding its Cryptocurrency Data Feed with a thousand new coins. Intercontinental Stock Exchange (ICE), the parent company of the New York Stock Exchange (NYSE) hinted it was adding a slew of new coins to its Cryptocurrency Data Feed in a tweet on March 14. Launched in January 2018, the Cryptocurrency Data Feed is a service offering real-time digital currency information, covering prices and order books. The platform was introduced following a partnership between ICE and Bitcoin (BTC) and blockchain technology company Blockstream. Per the recent announcement, ICE is extending the list of supported cryptocurrencies to thousands, also adding hundreds of venues. With this move, the company is ostensibly planning to increase transparency in the field. At press time, the Cryptocurrency Data Feed supports 58 digital currencies from various data sources, markets and exchanges around the world. The service is backed by ICE’s Secure Financial Transaction Infrastr..

Bitcoin Approaches $4,000 as the Stock Market Sees Gains

Most of the top 20 cryptocurrencies are reporting slight to noteworthy growth as the stock market also sees gains. Friday, March 15 — most of the top 20 cryptocurrencies are reporting slight to noteworthy gains on the day by press time. Bitcoin (BTC) is approaching $4,000, according to CoinMarketCap data. Market visualization from Coin360 At press time, Bitcoin is up just under one percent on the day, trading at around $3,961, according to CoinMarketCap. Looking at its weekly chart, the current price is just about three quarters of a percent higher than $3,928, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap As Cointelegraph reported earlier today, Fundstrat Global Advisors co-founder Thomas Lee broke with tradition about Bitcoin price forecasts, claiming that the market could see a U-turn in August. Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $14.5 billion. The second-largest altco..

Thailand’s Stock Exchange Plans to Roll Out Digital Asset Platform in...

The Stock Exchange of Thailand announced it is ready to start building a new digital asset system. The Stock Exchange of Thailand (SET) plans to roll out its digital asset platform in 2020, according to an official statement released on March 13. Following recent reports purportedly revealing the plans, the SET has confirmed that it will build a digital asset platform as a part of its three-year strategic plan from 2019 to 2021. In the announcement, the Thai exchange claimed that the local capital market will experience a transformation into the digital age in two areas. The first field will be a complete digitization of the capital market infrastructure in order to provide paperless operations. The second direction will be building a new ecosystem that will support digital assets in order to create new opportunities and transform the investment landscape. SET President Pakorn Peetathawatchai stated that the exchange is ready to start creating a new digital asset ecosystem, adding tha..

Spain: Stock Exchange Operator Pilots Collateral Pledges Digitization on Blockchain

Bolsas y Mercados Españoles and investment firm Renta 4 Banco completed a blockchain pilot for electronic certificates of collateral pledges. Major Spanish stock market operator Bolsas y Mercados Españoles (BME) has completed its first blockchain pilot for electronic certificates of collateral pledges, according to an official press release published on March 15. Implemented along with Renta 4 Banco, which is the only investment services firm listed on the BME, the new pilot intends to eliminate the use of physical certifications by digitizing all processes and providing network participants with real-time access to data. The pilot’s proof-of-concept (PoC) consisted of the release of collateral pledged by Renta 4 Banco to cover customer’s positions at BME Clearing, BME’s central counterparty. According to the announcement, the implementation of the blockchain-powered pilot enabled the parties to reduce total processing time by more than 80 percent. The PoC was developed by BME’s divis..

Swiss Stock Exchange SIX to Reportedly List XRP Exchange-Traded Product

Swiss stock exchange SIX will possibly launch another crypto ETP for XRP soon, with a possibility to add indexes for four other altcoins. Switzerland’s largest stock exchange SIX will reportedly launch another crypto exchange-traded product (ETP) for XRP, crypto outlet The Block writes Monday, Mar. 11. Amun AG, a Swiss crypto startup that launched the world’s first listed crypto index product on SIX last November, has confirmed the information to The Block. According to the startup, the XRP ETP will soon be launched under the ticker AXRP. As of press time, SIX has not confirmed the information to Cointelegraph. Co-founder and CEO of Amun AG Hany Rashwan told another crypto media outlet, Coindesk, that the company has also received SIX’s approval to launch four more ETPs for other altcoins — Bitcoin Cash (BCH), Litecoin (LTC), Stellar (XLM) and EOS. According to Financial Times, Amun AG has also recently closed a successful $4.2 million funding round. The financial newspaper writes tha..

Investment Firm Invesco Launches Blockchain ETF on London Stock Exchange

United Kingdom-based investment management company Invesco is launching a exchange-traded fund on the London Stock Exchange. United Kingdom-based investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange (LSEG) today, March 11, financial newspaper Financial Times reports on March 9. Per the article, the Invesco Elwood Global Blockchain ETF will initially be targeting 48 companies involved with blockchain technology. The firms were reportedly selected through a proprietary scoring system developed by crypto investment boutique Elwood Asset Management. The article cites Apple, chip manufacturer Intel, graphics processing units manufacturer Advanced Micro Devices, mining hardware manufacturer Taiwan Semiconductor Manufacturing and United States exchange supporting Bitcoin futures CME Group as examples of companies included in the ETF. Financial Times also points out that blockchain is not synonymous with decentralized cryptocu..

Swiss Stock Exchange SIX to Use R3 Corda Enterprise for Blockchain-Based...

SIX Swiss Exchange will use R3’s Corda Enterprise platform for its forthcoming blockchain-powered digital exchange. Switzerland's principal stock exchange, SIX Swiss Exchange, has chosen to use blockchain consortium R3’s Corda Enterprise platform for its forthcoming blockchain-powered digital exchange. The news was revealed during the R3-hosted Corda Day event in Singapore on March 6. The SIX Swiss Exchange sees roughly 4.62 billion Swiss Francs (CHF) (~$4.6 billion) in daily turnover, and has a market capitalization of over 1.67 trillion CHF ~($1.6 trillion). As Cointelegraph reported in July 2018, SIX previously unveiled its plans to launch a digital asset ecosystem, dubbed Six Digital Exchange (SDX). In February 2019, the company announced it would be testing blockchain integration for SDX, and would use the technology to tokenize stocks, bonds and possibly exchange-traded funds (ETFs). At the time, SIX exchange chairman Romeo Lacher said he expects the new blockchain-powered ..

Crypto Markets Mellow After a Surge of Growth, Stock Market Slightly...

Most of the top 20 cryptocurrencies are reporting slight to noteworthy gains as Bitcoin approaches the $3,900 mark. Wednesday, March 6 — after a surge of growth earlier today, most of the top 20 cryptocurrencies have stabilized and are reporting slight to noteworthy gains on the day by press time. Bitcoin (BTC) is hovering near the $3,900 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up just under one percent on the day, trading at around $3,903, according to CoinMarketCap data. Looking at its weekly chart, the current price is about one percent higher than $3,858, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Recently news broke that Bitcoin’s mining revenues have begun climbing after falling to their lowest levels in 18 months. Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $14.6 billion. The second-largest altcoin, Ripple (XRP),..

Malta Digital Exchange Relocates Operations to Malta Stock Exchange Premises

The Malta Digital Exchange has announced the relocation of its offices to the Malta Stock Exchange. Malta Digital Exchange (MDX) is moving in with the Malta Stock Exchange (MSE) in contemplation of the launch of its digital exchange division, the Times of Malta reported on March 5. MDX is reportedly in the process of obtaining a securities license to promote a multilateral trading platform that will introduce a secondary market for digital assets trading. MDX founder and executive chairman Rick Klink said that the “move to the Maltese Stock Exchange means that we are now physically positioned to be at the heart of the next wave of institutional financial innovation.” The move comes the wake of the International Monetary Fund’s (IMF) statement that the Malta Financial Services Authority (MFSA) has critical gaps in its supervision for Anti-Money Laundering (AML) and combating the financing of terrorism (CFT) earlier this month. In its Financial System Stability Assessment Report, the IM..
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