Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Liechtenstein Cryptoassets Exchange
LCX Secures Regulatory Approval for 8 Licenses In Liechtenstein
On Dec 30, 2020, the Liechtenstein Cryptoassets Exchange (LCX) reportedly secured approvals of eight license categories from the Financial Market Authority (FMA) of Liechtenstein. According to the press release, LCX has received the licenses under the Token and Trusted Technology Service Provider Act (TVTG), also known as the blockchain act. The exchange will now be the first entity with regulatory approval to offer the broadest scope of blockchain services in that jurisdiction. Monty C. M. Metzger, CEO and founder at…
4 years ago
LCX: The Ideal Blend of Legal Infrastructure and a Tokenization Platform
The Liechtenstein Cryptoassets Exchange, LCX, is the newest contender for being a category leader in the blockchain industry. The platform seeks to provide a blockchain ecosystem for the crypto and fiat financial industries. LCX has its roots in fintech and has been around since 2017. Through various products, the platform is looking to tokenize everything. LCX aims to innovate capital markets and provides solutions for compliant digital assets and security tokens. LCX's Birth The brain behind LCX, Monty Metzger, has…
5 years ago