Newsflash of June 05, 2020

Market Cap at 9:30 (UTC) – $278,929,136,876

Bitcoin dominance: 64.9% 

BTC $9,832.57 (+2.33%)


ETH $246.3 (+2.08%)


XRP $0.20569 (+0.26%)

Swiss greenlight InCore bank to hold digital asset

Swiss Financial Market Supervisory Authority (FINMA) has allowed (https://www.sobaco-incore.com/en/sobaco-group/news/corporate-details/incore-bank-launches-access-to-digital-assets) InCore bank to expand its service. From now on, InCore bank will be able trades, holds, transfers and generates digital assets. Initially, Maerki Baumann & Co. AG will be the first client of InCore.

Canada recognizes crypto company as money service business

According to Francis Pouliot (https://twitter.com/francispouliot_/status/1267130517549391873), starting from June 1st, 2020, every Bitcoin exchanges and payment processors will be recognized and regulated as service business in Canada.


Stay safe and happy trading.

Yours,

4C-Trading

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