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Swiss Cryptocurrency Firm bags License to Offer E.U. Residents Bitcoin ETPs

Amun AG, a Switzerland-based technology firm listed on SIX Swiss Exchange, has secured a license from the Swedish Financial Supervisory Authority (SFSA). The license enables Amun AG to offer its bitcoin (BTC) and altcoins-powered exchange-traded products (ETPs) to investors in the European Union (EU), according to reports on December 10,

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Fidelity-Backed ErisX Bags CFTC Bitcoin Futures Contracts License

Cryptocurrency trading startup ErisX has received the regulatory approval from the U.S. Commodity Futures Trading Commission (CFTC) to offer Bitcoin-backed futures contracts to investors. The fintech firm announced in a Medium post published on July 2, 2019. ErisX Bags Coveted License  ErisX, a cryptocurrency trading platform backed by the likes of Fidelity

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U.S Bitcoin Trader Bags Two Years Imprisonment for Illegal Transactions

A United States court has sentenced Jacob Burrell Campos to two years imprisonment for operating a Bitcoin exchange business that sold hundreds of thousands of dollars worth of bitcoin without registering with the relevant financial authorities as a money transmitter. The Exchange also failed to implement proper know-your-customer (KYC) and anti-money-laundering

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