• United States

    Seed CX exchange wins New York BitLicense

    The digital asset exchange focuses on institutional investors, not the retail clients fueling the current cryptocurrency boom

    SeedCX, a cryptocurrency exchange for large institutional investors, announced on July 15 that it has received a pair of virtual currency BitLicenses from the New York Department of Financial Services.

  • People,  Technology

    EXCLUSIVE: Stanley Yong, IBM CTO, departs Big Blue

    After Jesse Lund exit, a blow to IBM blockchain ambition and Stellar partnership

    Just two weeks after IBM’s blockchain ambitions fell into doubt with the mysterious departure of Jesse Lund, Big Blue is set to lose another key advocate for the space. Modern Consensus has exclusively learned that Stanley Yong, the company’s Global Lead on Central Bank Digital Currency Solutions, is leaving the company.

  • Charts
    Cryptocurrencies

    CryptoCompare starts ranking good, bad, and ugly exchanges

    Top 10 cryptocurrency exchanges announced after grading after the data and indices provider studied more than 100 trading platforms worldwide

    Calling the cryptocurrency trading business ripe with fraud and manipulation, cryptocurrency data and indices provider CryptoCompare has begun rating the reliability of exchanges.

  • Trading crypto in New York isn't as easy as this picture makes it seem (composite image via Shutterstock).
    Uncategorized

    Robinhood adds ‘fee-free’ crypto trading for users in New York and 38 other states

    Millennial trading app is all grown up now with their BitLicense.

    In April 2018, Millennial trading app Robinhood announced it would soon be available in a handful of states. Complex banking regulations in each state meant that they had a lot of hurdles to get over before they could offer their free crypto and stock trading services in all 50 states. But in January RobinHood announced they had finally gotten a New York State “Bitlicense”, one of fintech’s highest hurdles. Users in New York State can now trade on Robinhood as of May 23.