Weekly Crypto Recap 28 April 2018
Nasdaq Is Open to Becoming Cryptocurrency Exchange
U.S. biggest tech stock exchange is open to becoming a platform for trading cryptocurrencies. Nasdaq CEO said that she believes digital currencies will continue to persist. In her opinion, it's just a matter of how long it will take for that space to mature and regulation to come in place.
Goldman Sachs Hires Crypto Trader
In the recent past, the bank was very negative about the crypto market and it’s potential. Now, the Wall Street giant seems ready to take the plunge, having just hired a cryptocurrency trader to help the company expand into digital asset markets.
Spanish BBVA Becomes First Global Bank To Issue Loan Using Blockchain
The bank said it conducted the entire loan process, from the negotiation of terms to the signing, on a mutually distributed ledger that informed both the bank and the borrower of the loan’s progress. Using Blockchain reportedly cut the negotiation time for the €75 mln loan from days to just hours.
Survey Finds Increasing Interest in Cryptocurrency Trading
According to Thomson Reuters survey, cryptocurrency trading by financial firms could increase in 2018, with approximately 20 percent indicating they are considering trading cryptocurrency over the next 3–12 months. The result suggests that this niche segment is starting to enter the mainstream of the financial services industry.