{"id":3807,"date":"2019-02-27T10:00:57","date_gmt":"2019-02-27T10:00:57","guid":{"rendered":"https:\/\/cryptomorrow.com\/?p=3807"},"modified":"2019-06-17T03:36:49","modified_gmt":"2019-06-17T03:36:49","slug":"frick-to-launch-crypto-institutional-trading-platform","status":"publish","type":"post","link":"https:\/\/cryptomorrow.com\/?p=3807","title":{"rendered":"Frick to launch crypto institutional trading platform."},"content":{"rendered":"<p><a href=\"https:\/\/www.bankfrick.li\/\">Frick<\/a>, a family-run, Liechtenstein-based bank announced on February 22 that they will launch a platform for institutional trading of cryptocurrency. The subsidiary of Frick for this platform, DLT market, will provide a fully regulated multi-crypto exchange platform that will offer institutional investors further exposure to crypto industry and related investments.<\/p>\n<p>This move may cement the move of banks into the cryptocurrency space, CEO at Frick bank, Edi W\u00f6gerer said the DLT market offer is a unique combination of a bank regulated by EU and a fintech company to the institutional investors.<\/p>\n<p>The subsidiary DLT market will be headed by a former developer of the blockchain project at the bank Roger Wurzel as the CEO. Wurzel was a member of the business development of the same bank. <br \/>\nFrick bank was founded in 1998 and is headquartered at Balzers.<\/p>\n<h3 id=\"mcetoc_1dcpsnin30\">India Reserve Bank needs a crypto proposal in 4 weeks<\/h3>\n<p>Elsewhere, the Reserve Bank of India has been ordered by the Supreme court in the country to come up with a crypto policy proposal in 4 weeks. This comes after the bank had banned all local banks and regulated entities from engaging with any crypto entities.<\/p>\n<p>The court will make an independent ruling about the matter should the bank fail to come up with a proposal.<\/p>\n<p>The decision was received with a huge celebration by local crypto campaigners who have been contesting the government&#8217;s stance on crypto and digital assets.<\/p>\n<p>Already, local industry players are refusing to have the matter left to government officials to decide. Blockchain India has organized a series of meetups meant to produce a list of community-sourced suggestions for the policy involved. Reportedly, the group plans to submit its\u2019 work to head off the inter-disciplinary committee responsible for drafting the regulations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Frick, a family-run, Liechtenstein-based bank announced on February 22 that they will launch a platform for institutional trading of cryptocurrency.<\/p>\n","protected":false},"author":4,"featured_media":3813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[64],"tags":[],"class_list":["post-3807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking"],"_links":{"self":[{"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=\/wp\/v2\/posts\/3807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3807"}],"version-history":[{"count":4,"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=\/wp\/v2\/posts\/3807\/revisions"}],"predecessor-version":[{"id":4975,"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=\/wp\/v2\/posts\/3807\/revisions\/4975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=\/wp\/v2\/media\/3813"}],"wp:attachment":[{"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptomorrow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}