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Revolut Cryptoexchange has received a banking license from the ECB, the European Parliament promotes the blockchain. The Swiss government simplifies the regulation of the cryptocurrency market.
The payment platform Revolut received permission from the European Central Bank. Now it will be able to provide banking and other services throughout the European Union. Due to this, Revolut Bank will be able to offer not only trade in digital financial assets, but also engage in lending in fiat money.
Founded in 2015, the company initially focused on the purchase, sale and exchange of cryptocurrency. Obtaining a license of the European regulator was a new step in the development of the company's business. But in this event another aspect is important - the EU authorities have become more sympathetic to the business in the blockchain field.
The adopted resolution of the European Parliament calls for speeding up the process of intensifying the implementation of the blockchain in business. It says that, thanks to new technologies, the exchange of goods and services with other countries can be greatly simplified.
Lawmakers recognize that cyber security is now one of the most important. However, the application of new technologies in the product supply chain will improve the business climate in Europe. Especially significant problems now exist for small and medium-sized businesses. According to government agencies, no more than 67% of exporters apply preferential tariffs when trading.
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The report of the Swiss government, which says about the update approach to the regulation of the blockchain in the financial industry. It is proposed to endow the Financial Markets Authority (FINMA) with new powers.
In particular, it is proposed to simplify the regulation of securities and cryptocurrency trading on decentralized sites. Provided that they do not pose a threat to capital to investors. This statement is somewhat contrary to the policy of the European Union, which requires tighter supervision over the activities of cryptoexchanges. However, on this issue the Swiss authorities demonstrate a more liberal approach. It is the country's largest exchange that trades in a Bitcoin-ETF financial contract, the acceptance of which in the EU and the US has not yet been agreed.
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LH-CRYPTO is an online service for crypto-traders. The service is available to everyone, except for the citizens of particular countries and several categories of people listed in the License Agreement. LH-CRYPTO is a free software for making conversion operations with CFDs on various financial assets nominated in cryptocurrencies.
The project does not manage funds and does not guarantee profits. The project only offers a service that allows to make conversion operations with cryptocurrencies on a specially configured software.
This website is maintained and supported by the following legal body:
LOW AND HIGH IT LTD
All the settlements in this project are processed solely in cryptocurrencies. Conversion operations are processed on the terms of margin trading without a direct supply of underlying assets. According to the generally accepted term, these operations are called operations with OTC (over the counter) CFDs (contracts for difference).
Trading with OTC CFDs involves considerable risks. We recommend you pay the utmost attention to both theory and practice of margin trading before making any of such operations.
The services provided by this project are not available for: residents of USA, France, North Korea, Spain, Sudan and Syria.