Boerse Stuttgart Group, Germany’s second-largest stock exchange, has announced the launch of its own cryptocurrency trading platform in the first half of 2019. In addition, solarisBank will provide the required crypto trading banking services to Boerse.
“With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets. solarisBank’s Blockchain Factory supports us in taking trading in cryptocurrencies and tokens to the next level, and in setting new standards in transparency and reliability,” said Alexander Höptner, CEO of Boerse Stuttgart, in a press release.
Trading for bitcoin and Ether will be enabled on the platform at first, with support for other tokens introduced after its initial coin offering (ICO) platform goes live.
In other news, “blockchain developer” is the number-one position in LinkedIn’s 2018 U.S. Emerging Jobs Report.
“Blockchain Developer is topping the list, following this year’s surge in interest around blockchain and cryptocurrency,” according to the report. “Only time will tell if blockchain will be a long-standing trend in the job market.”
In fact, the job grew 33 times faster than other positions this year, with demand highest in San Francisco, New York City and Atlanta. The report also noted that six out of the 15 emerging jobs are related in some way to artificial intelligence (AI), showing that skills related to AI are starting to infiltrate every industry and are among the fastest-growing skills on LinkedIn.
California-based hedge fund Pantera Capital has revealed that it might have to issue refunds to its backers after the U.S. Securities and Exchange Commission (SEC) recently announced that two crypto startups failed to comply with securities laws. According to Bloomberg, Pantera said that about a quarter of the blockchain and digital-currency projects its ICO fund invested in could be in violation of the SEC’s securities laws.
“While we believe the vast majority of the projects in our portfolio should not be affected, approximately 25 percent of our fund’s capital is invested in projects with liquid tokens that sold to U.S. investors without using regulation D or regulation S,” wrote Dan Morehead and Joey Krug, Pantera’s co-chief investment officers, on Thursday (Dec. 13). “If any of these projects are deemed to be securities, the SEC’s position could adversely affect them. Of these projects, about a third (approximately 10 percent of the portfolio) are live and functional, and, while they could technically continue without further development, ending development would hinder their progress.”