Assets

Cryptocurrency traders who are in need of a loan, but don't want to sell their cryptocurrency holdings are set to benefit from Deribit blockchain powered loan solutions. The Amsterdam based Derivatives company, who started its first forays into cryptocurrency by offering Bitcoin Futures and Options trading services, will now enable borrowers to post crypto assets as loan collaterals without the fear of a margin call.

South Korea has been swamped reviewing its cryptocurrency regulations. The regulators hope to loosen the rules on cryptocurrency assets in line with G20 famous policies. Another government agency is managing an in-situ inspection of cryptocurrency firms following several hacks and this has attempted the Bank of Korea to issue out a report with its major focus on using cryptocurrency as an alternative means of payment.

A military-grade bunker has set up its vaults in Swiss Alps to profuse cryptoasset investors, institutions and corporations in an attempt to find a more secure place to keep their digital currencies.

The government of Japan has noted that significant credit agencies will compute the users of cryptocurrencies to stop the usage of digital assets in money laundering got from illegitimate operations, just after revealing the plans to crackdown unknown cryptocurrencies such as Monero, Zcash and Dash.

Midas Technologies AG, the company behind the Midas decentralized portfolio management Midas app, have announced that the addition of two heavyweights to its advisory board: Mona El Isa and Reto Trinkler, co-founders of Melonport. They join Thomas Linder of blockchain law firm MME and will receive one company’s director seat, based on annual rotation.

One of the biggest benefits of cryptocurrencies is that with their military grade encryption and security, it is almost impossible to hack into a user’s account. The only way anybody can access is through possession of a long string of alphanumeric private keys.

Formerly providing services to private clients only, crypto asset management firm Salmanazar Capital has opened its doors to the public with the launch of several new offerings for cryptocurrency investors and traditional investors seeking liquid exposure to the cryptocurrency asset class.  

Singapore-based Digitrust Corporation is looking to tackle the much-considered question of “what happens to cryptocurrency after its owner’s death?” with its decentralized crypto asset settlement service, via Willtoken.

Great news from the Tokenbox project - the team presented the alpha version of the crypto assets management platform. First users are welcome to test the basic features of the platform.