#CryptoCorner: tZERO (NasdaqGM:OSTK) Launching Retail Security Token Trading, FATF Designing Global Crypto System, Ripple CEO Says Company Eyeing Further Investments and Rhode Island to Regulate Crypto Under Money Transmission Laws

(MENAFN – Investor Ideas) #CryptoCorner: tZERO (NasdaqGM:OSTK) Launching Retail Security Token Trading, FATF Designing Global Crypto System, Ripple CEO Says Company Eyeing Further Investments and Rhode Island to Regulate Crypto Under Money Transmission Laws

 

Point Roberts, WA and Delta, BC – August 9, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s (subsidiary of NXT-ID ( NASDAQ: NXTD ) crypto payment tech, Flip bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market.

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#CryptoCorner: tZERO (NasdaqGM:OSTK) Launching Retail Security Token Trading, FATF Designing Global Crypto System, Ripple CEO Says Company Eyeing Further Investments and Rhode Island to Regulate Crypto Under Money Transmission Laws

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Crypto Corner

Stocks discussed: (NasdaqGM:OSTK) (NasdaqGS:MGI)

tZERO, the blockchain-focused capital markets platform from retail giant Overstock ( NasdaqGM:OSTK ) is opening up security token trading to retail investors on August 12, according to a report fromCoinDesk . tZERO CEO Saum Noursalehi told CoinDesk that the company is “expecting up to 50,000 investors who previously bought Overstock’s shares to get on board with digital securities trading”.

“We had a lot of broker-dealers, about 30 or 40, reach out to us that want to get involved in this ecosystem. We’re working on these requests. Investors have been sending questions as well. They are excited and they are trying to understand it.”

Noursalehi also revealed that the company is working to get approved for a virtual currency license from the New York Department of Financial Services.

“The…

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