Royal Bank of Canada (RBC) explores the idea of creating a cryptocurrency trading platform. BTC/USD is locked in a tight range on Tuesday. Royal Bank of Canada (RBC) with nearly $500 billion assets under management is building a platform for trading bitcoins and other digital assets. The bank filed four patents on technical solutions for integrating cryptocurrencies in banking operations in Canada and the US. The Logic reports that RBC will be able to open custodian accounts for cryptocurrencies. The bank refused to comment this information. Notably, Bank of Canada is considering the issuance of public digital coin to combat the direct threat from private cryptocurrencies. Bank of China and a number of other global regulators have adopted similar approach. BTC/USD, the technical picture At the time of writing, BTC/USD is changing hands at $8,734, having recovered from Monday’s low pf $8,593. The first digital coin has been range-bound with bullish bias during early Asian hours, though the upside momentum seems to be fading away on approach to $8,770. This resistance is created by the lower line of 1-hour Bollinger Band. Once it is out of the way, the upside is likely to gain traction with the next focus on a confluence of SMA50 (Simple Moving Average) and SMA 100 1-hour at $8,830. BTC/USD, 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next US Pres. Trump to deliver ‘a constructive statement on China’ – Politico FX Street 3 years Royal Bank of Canada (RBC) explores the idea of creating a cryptocurrency trading platform. BTC/USD is locked in a tight range on Tuesday. Royal Bank of Canada (RBC) with nearly $500 billion assets under management is building a platform for trading bitcoins and other digital assets. The bank filed four patents on technical solutions for integrating cryptocurrencies in banking operations in Canada and the US. The Logic reports that RBC will be able to open custodian accounts for cryptocurrencies. The bank refused to comment this information. Notably, Bank of Canada is considering the issuance of public digital… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
