Tyler of Chico Crypto is coming to you with another live stream! Watch as we break down some recent breaking cryptocurrency topics!!
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–Coinbase Listing Securites–
Coinbase Inc., one of the most popular cryptocurrency platforms, said it got the green light from U.S. watchdogs to move forward with a trio of acquisitions that will allow it to become one of the first federally regulated venues for trading digital coins deemed to be securities.
The U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority approved Coinbase’s purchase of Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC, a company spokesman said Monday. The acquisitions enable the firm to offer so-called security tokens, and also place the businesses under federal oversight. Coinbase has primarily been regulated by a patchwork of state authorities.
–BlackRock Financial Eyes Crypto Markets–
BlackRock (NYSE:BLK), the world’s largest asset manager, with around $5.4 trillion in assets under management, is said to be considering getting into the cryptocurrency market, according to a report in Financial News.
–EOS Gets Heavy Hitters–
EOS developer Block.one has secured investments from billionaire PayPal co-founder Peter Thiel and crypto mining hardware billionaire Jihan Wu of Bitmain, according to an official announcement today, July 16.
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