Two crypto companies, Gemina Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U.S. dollar.
The financial services giant has not scratched its plans to open a desk for trading cryptocurrencies, contrary to a Business Insider report on September 5, 2018.
Bitcoin's price has managed to hold a higher low for the first time since the beginning of the bear market and is currently seeing a strong rally that has it testing key resistances.
Caitlin Long, a Wall Street veteran who has been active in the Bitcoin space since 2012, discusses different options for investing in cryptocurrencies.
After a strong round of selling over the course of two weeks plunged the price of bitcoin back to the $6,000s, the cryptocurrency now seems poised for another upward swing.
Allowing users to keep control of their cryptocurrency keys in a secure wallet is a crucial consideration at a time when some exchanges are proving to still be vulnerable to hacks.
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