SEC issues guidelines for holding digital asset securities

This is likely to pave the way for traditional investors to hold more digital asset securities. In a significant development, midst enquiries requesting clarity on holding digital assets with regard to federal securities law, the U.S. Securities and Exchange Commission (SEC) has issued a notice on broker-dealer custody of digital asset securities. As per the…

Bitcoin wallet provider Xapo gets legal approval in Switzerland

The significant strategic move could place the country as the home of bitcoin technology in the world. The digital currency is consistently gaining acceptance around across the world. While companies which provide virtual wallets have yet to become the norm and face a multitude of legal quagmire which typically drives away any non-savvy customer, in…