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According to Reuters Japan, the Financial Services Agency (FSA) of Japan, the country’s main financial watchdog, will expand its crypto team to respond to the rising growth of the digital asset sector. By the end of 2018, 12 government officials will be added to the crypto team of...
Hankyung, a mainstream media outlet in South Korea, has reported that Bithumb, the country’s second largest crypto exchange, will officially resume new user registrations on September 1. Bithumb has disallowed new registrations for traders in South Korea since January of 2018, following the encouragement of the government to...
Earlier this week, Lily Katz at Bloomberg reported that the GTI VERA Convergence Divergence Indicator suggests the Bitcoin downtrend is over. Experts have echoed a similar sentiment, expecting the bear market of the dominant cryptocurrency to come to an end in the upcoming months. According to Katz, the...
Coinsquare, a little-known Canadian crypto exchange, is entering the European market to help businesses in the flowering industry with fiat pairs, including Ripple-to-fiat. Europe Meets Coinsquare To be frank, the cryptocurrency market hasn’t had the best start to 2018, with the collective value of all crypto assets declining...
Popular crypto exchange BitMEX, widely recognized for its Bitcoin and Ethereum margin trading system, has rented out the world’s most expensive skyscraper located in Hong Kong. Experts have said that the expansion of BitMEX from Seychelles to Hong Kong demonstrates an improvement in the status of crypto exchanges...
Bakkt’s CEO offered greater details surrounding the upcoming cryptocurrency trading platform in a recent Medium post, including greater details about the principles of the new platform, and how those principles will set new standards for the cryptocurrency industry. The recent post is the latest information offered by the...
In a recent Medium post by Hong Kong independent journalist Jackson Wong, the reliability and safety of KuCoin as a crypto exchange was called into question. In the report, titled “WARNING: KuCoin’s Hong Kong office is empty. Be extremely cautious about depositing money into this exchange,” the reporter...
One of the giants of the cryptocurrency exchange game has given users a sneak peak at their latest offering. Binance CEO, Changpeng, Zhao presented a very rough version of the platform’s new decentralised exchange earlier today. Binance DEX is Ahead of Schedule in Terms of Development In a...
South Korea’s two largest crypto exchanges UPbit and Gopax are backed by the country’s biggest bank and internet company Shinhan Bank and Kakao. Importance of Shinhan Bank’s Involvement The vast majority of investors in South Korea are already well aware that the country’s major crypto exchanges are financed...
Following the US Securities and Exchange Commission’s (SEC) decision to deny the Winklevoss’s Bitcoin ETF application, investors in the cryptocurrency market panicked, taking the bitcoin price below the $8,000 threshold. The decision, which was first reported by CNBC, stems from a publicly released document that explains their decision to deny...
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