Crypto Startup ErisX Gets $27.5 Mln Funding Incl. From Fidelity, Nasdaq Ventures

Chicago Cryptocurrency Startup ErisX said it raised $27.5 million from investors including Fidelity Investments, Nasdaq Ventures and Bitmain, among others. The exchange is expected to launch a “fair and transparent platform” in the digital asset space. In a statement, ErisX announced the closing of Series B funding from an influential group of investors, which also includes ConsenSys and TradeStation Securities’ […]

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Daily Byte: Wednesday, December 5, 2018

Congressman takes on ICOs, Switzerland rejects crypto regulatory framework, and traditional financial firms back crypto exchange. Congressman Proposes Legislation to Regulate ICOs and Classify Crypto as New Asset Class Cleveland.com is reporting that a United States representative has proposed federal legislation that would create a regulatory framework for crypto-assets and ICOs. The bill, proposed by Rep. Warren Davidson (R-OH), has bipartisan […]

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