1.Cryptocurrency exchange Gemini launches mobile trading app.
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3.UAE and Saudi Arabian Central Banks to Jointly Launch a Cross-Border Cryptocurrency.
4.Labuan -Based ,Capital Investment Bank LTD Lauches,FINAFEX, A New moderen age crypto asset regulated exchange to ease seamless trading.
1.Cryptocurrency exchange Gemini launches mobile trading app
U.S.-based cryptocurrency exchange Gemini users can now trade on the go with a new mobile app, launched for iOS and Android on Tuesday. The app lets you buy and sell cryptocurrencies, including bitcoin, ether, litecoin, bitcoin cash and Zcash.
Gemini was launched in 2015 by Cameron and Tyler Winklevoss and was touted as one of the first cryptocurrency exchanges that’s fully regulated and fully compliant with U.S. laws. It currently operates in all U.S. states except Hawaii, as well as Canada, Hong Kong, Singapore, South Korea and the U.K.
“Cryptocurrency never sleeps so it’s important for us to make it easy for our customers to engage with it wherever they are and whenever they want,” Cameron Winklevoss, president of Gemini, said in a statement.
The app is available now in Apple’s App Store, as well as in Google Play Store.
The new tool, according to Solomon Assefa, VP of emerging market solutions and director at IBM Research Africa, will aim to “digitize, optimize, and streamline agricultural business processes to create efficiencies and new services from farm-to-fork around the world”.
IBM Research, IBM’s R&D department, is developing the technology in their lab based in Nairobi, Kenya. According to IBM, its research scientists are working to integrate a number of technologies into the mobile app such as the Watson Decision Platform for Agriculture, blockchain, IoT and IBM Cloud.
The new tool will initially only be available in Kenya, but IBM has plans to expand its offering to Kenya, Mozambique, Senegal, Tanzania, Pakistan and Bangladesh, however no exact time-frame was noted.
3.UAE and Saudi Arabian Central Banks to Jointly Launch a Cross-Border Cryptocurrency
The United Arab Emirates (UAE) and Saudi Arabia will work on cross-border digital currency. The exact date when it would be issued is still unknown but we know one thing, the digital currency is not targeted at consumers. It’s strictly for banks.
At the time, UAE Central Bank governor Mubarak Rashid Al-Mansouri had informed the public that the institutions were still studying the technology needed to execute the digital asset. Al-Mansouri was, however, cautious about the implementation once its finalized, stating that the cryptocurrency would be used between the central monetary authorities and would not be available to retail consumers, at the time.
UAE securities market regulator chief Omar Saif al-Zaabi was also quoted in the report, saying:
“The board of the Emirates Securities & Commodities Authority [ESCA] has approved considering ICOs as securities. As per our plan, we should have regulations on the ground in the first half of 2019.”
4. Labuan -Based ,Capital Investment Bank LTD Lauches,FINAFEX, A New moderen age crypto asset regulated exchange to ease seamless trading
Capital Investment Bank Limited crypto arm, FINAFEX launched a new crypto asset regulated exchange that aims to resolve many common issues and challenges faced by the crypto community today.
through the successful development of a transparent and fully regulated exchange backed by the Capital Investment Bank (Labuan) Ltd (CIBL), FINAFEX is poised to be the global leader in cryptocurrency trading platform in the heart of Asia. Based in Labuan, Malaysia, an attractive premier International Business and Financial Centre in the Asia Pacific, FINAFEX is supported by an Investment Bank licensed under the purview of the Labuan Offshore Financial Services Authority (LOFSA).
Norita Ja’afar, Founder and CEO of FINAFEX said, “Crypto trading exchanges are becoming more as a source of utter financial gains for developers and less as a contributing factor to crypto economies, leading to a state where it is becoming tougher for quality projects with limited resources to get listed in the mass adoption of cryptocurrency.”
