Ziglu, the UK based cryptocurrency trading platform, announced that it had completed about US $6.59 million seed round financing, and its cryptocurrency trading platform was officially launched. At present, the mobile platform has been launched, only supporting IOS, and the Android version is under development. The platform provides instant transaction function of French currency, which can convert legal tender intwhat is the best way to buy digital currencyo mainstream digital currency, including bitcoin, bitcoin cash and Ethereum. In addition, ziglu's CEO Mark hipperson is the co-founder and chief technology officer of Starling bank.
Blockfolio, a digital currency portfolio tracking software, announced on twitter that it had reached a strategic cooperation with iotex, a decentralized Internet of things platform, and participated in network consensus and community governance as one of the more than 50 nodes of iotex. Blockfolio said iotex was the first node project it participated in, and its token iotx will also be pushed to its new users as a pre installed virtual currency of the market app. According to block123.com,
Grayscale investments, a crypto asset management company, announced that its fund, grayscale digital large capital fund (DLC), could offer publicly for eligible shares. The U.S. financial industry regulatory authority (FINRA) approved the use of gdlcf as a quotation symbol in the open OTC market. Grayscale believes this means that the United States introduced the first publicly quoted securities in multiple digital currencies. Since February 2018, DLC only provides private placement to qualified investors to raise funds. As of September 30, 2019, there are 3194900 DLCs. According to Article 144 of the securities law, after the legal one-year holding period, the shares of DLC created through private placement will be eligible to be sold in the open market. Until these shares qualify as depositorytrust company, the public offer wilwhat is the best way to buy digital currencyl not generate trading volume, and grayscale believes that the fund will soon receive the qualification, at which time investors will be able to freely trade DLC shares through their investment accounts.
Valdis dombrovskis, the European Union's financial services commissioner, said the European Commission would propose new rules later this year to establish a sound crypto asset market in the EU, including the regulation of stable currencies such as Libra. Encrypted assets bring benefits to consumers and businesses by providing cheaper and faster payment methods. But regulators are trying to catch up with these fast-growing markets for digital currencies. Valdis dombrovskis told the digital finance development conference that the lack of legal certainty is often seen as a major obstacle to the development of a sound crypto asset market in the EU. In order to address this regulatory gap, the European Commission will introduce legislation in the early autumn to try to balance the regulatory needs of protecting customers without hindering innovation in developing industries. He added,