One more thing iost have to highlight the benefits of paying for an account activation...otherwise people coming from Ethereum or bitcoin will think it is BS ...IOST have to make is clear on the website and everywhere that paying the activation account is better and cheaper then paying everytime fees like Ethereum do...
Infrastructure for digital assets expanding, IOST to benefit as a top truly decentralized, scalable, high TPS network. With the #1 staking ranked blockchain networks, the big funds, money managers, asset fund managers and hedge funds money should be flowing to IOST early next year or as soon as the infrastructure goes live in the 4th quarter 09. See a good article below. Fidelity’s crypto arm has officially applied to operate in New York as a trustby Isabel Woodford 9 hrs ago · 3 min readFidelity Digital Assets has officially applied to the New York Department of Financial Services (NYDFS) for a Trust license, according to several sources familiar with the matter.If its application is successful, Fidelity Digital Assets (FDAS) would be cleared to add New York to the handful of states in which it currently operates its custody business for digital assets.This is the latest development for the burgeoning provider of storage and trading solutions for bitcoin, allowing it to go head to head with rivals like Coinbase, which secured its qualified custodian designation in October alongside firms Gemini and Paxos. In May, Bloomberg reported that the firm was stretching beyond its custody business, preparing for the launch of broker services to trade on behalf of institutional clients. On the custody side, the firm has been courting traditional asset managers as well as crypto native firms, according to people familiar with the situation.Fidelity Digital Assets also now joins the likes of ICE’s pending crypto platform, Bakkt, which has also applied for a NY trust license to be a qualified custodian to store the bitcoin underpinning its futures contract. According to a lawyer from Gibson Dunn, Arthur Long, the trust license is “more expansive” than the famed BitLicense, a New York State license for crypto firms. A trust license allows a firm to operate a broader swath of services in financial markets, such as financial advice, hinting at far reaching ambitions.FDAS was launched last October as an offshoot of Fidelity. To that end, the firm launched cryptocurrency custody earlier this year and scooped Chris Tyrer from investment bank Barclays. Former Coinbase exec Christine Sandler also recently joined Fidelity Digital Assets as its sales head. Still, it could take some time for FDAS to be granted the license, which would allow it to operate as a Limited Purpose Trust Company. The process of securing the heavily-guarded green-light from the NYDFS often takes half a year, lawyer Arthur Long told The Block in May.“Any bank or trust company is going to have to go through a substantial process so that the regulators understand the business,” he said.For their part, FDAS are taking their time to flesh out their services. In an interview with The Block earlier this year, Fidelity Digital Assets head Tom Jessop painted a picture of the firm’s trading business, which will not be open to retail clientele.“We are not prop trading, we don’t have a desk,” he said, noting that the firm would act as an agent for clients. “We are purely acting as effectively an agent, and that’s what our clients want. Our clients want to avoid the issues associated with funding on multiple exchanges, both administrative risk, or otherwise, they want something resembling the best price experience, and so we’ll try to do that by bringing liquidity providers, and other sources of liquidity onto our platform. I think effectively a smart order router, or logic, that would interrogate the market, find the best better offer, and allow the client to execute at that price.”He also said the firm tries to provide clients with a platform that can minimize administrative risks and locate the best price in crypto trading.A representative for Fidelity did not respond to an inquiry prior to publication.
Funny how some uk media only report bitcoin when it’s like some kind of shock horror story. https://www.google.co.uk/amp/s/www.thesun.co.uk/money/9671589/bitcoin-investors-chased-hmrc-tax/ampI hate the sun
I just saw Robert Beadle's recent Bitcoin Cash giveaway. He is a very nice guy. When asked about IOST he says the team hasn't been answering him and he was demoted from tier 1 as a node.Why is the team not answering this Nice youtuber and node for IOST? It reminds me of the collaboration Chris Kramer wanted with IOST and no one ever got back to Chris Kramer nor i on that. We need to be more responsible please.
Bakkt has won approval from US regulators to trade physically-settled bitcoin futures, a move many believe would legitimize the cryptocurrency industry before institutional investors. September 23 it goes live. Biggest news for crypto world.
Yes, looking at the nodes to vote is Bermi. It is very dangerous for everyone to share a space with scammers. Since February of this year I have denounced it. Bitcoin newspaper knows it, it has my complaints and evidence.