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By Bitcoinist*

Bitcoin IRA processes $400M in transactions since launch

Crypto retirement provider Bitcoin IRA’s 24/7 self-trading crypto IRA service has processed over $400 million in investments since 2016. Looking toward 2020, the company will launch several new products, including a first-ever interest-bearing crypto account for select clients.

Binance stablecoin receives NYDFS approval

The approval means Binance’s stablecoin can now be purchased with fiat currencies or obtained in exchange for another crypto on Binance’s platform. Its price will always be $1, but its low market cap has yet to see a boost..

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Fidelity’s crypto wing seeks NY state trust license

Fidelity’s cryptocurrency investment arm—Fidelity Digital Asset Services (FDAS)—filed an application with the New York Department of Financial Service to be allowed to offer crypto-custodial services in the state. The approval would also allow FDAS to compete with the likes of Coinbase, Gemini and Paxos… and could mean mass crypto adoption is on the way.
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Swiss stock exchange to launch its own security token this year

Switzerland’s Stock Exchange (SIX) wants to have its own security token offering in the second half of 2019. This would coincide with the launch of its SIX Digital Exchange (SDX) platform for trading digital assets. SDX is likely to begin by offering trading in selected stocks, followed by other stocks, bonds, and potentially exchange-traded funds. Previously, the exchange has stated that SDX will enable tokenization of existing securities and other non-bankable assets.

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