
International Expansion Continues to Drive the Growth in Crypto Exchanges
Despite very tough regulations, crypto exchanges are interested in entering the Japanese market. Coinsquare has announced its plans to expand into Japan.
Despite very tough regulations, crypto exchanges are interested in entering the Japanese market. Coinsquare has announced its plans to expand into Japan.
The largest U.S. cryptocurrency exchange had to walk back its claims: the company did not get official approval from the U.S. Securities and Exchange Commission on the acquisition of three companies. The upcoming deal can dramatically expand the range of services provided by Coinbase and ensure its market domination – in case it goes through.
Goldman Sachs is appointing a new CEO David Solomon, who will replace the incumbent chief executive Lloyd Blankfein in October. With the new CEO, the bank is expected to add more bitcoin and other crypto services to its portfolio.
Mastercard has filed a patent application for a method of connecting blockchain-based assets to fiat currency accounts which will help to speed up crypto payments.
Litecoin founder Charlie Lee provided some details about recent acquisition of Litecoin Foundation, and stated that he expects to receive a board position at the German WEG bank, which will positively influence further adoption of cryptocurrencies in the bank’s operations.
Bitcoin is back with a bang trading above $7400 with the good news of growing institutional involvement in the crypto space.
The Japanese messaging app giant has launched a crypto-to-crypto exchange available in 15 languages. Low transaction fee and progressive security solutions are expected to attract users to the new global platform.
Afther months of delays, Japan’s banking giant SBI Holdings announced their new in-house cryptocurrency exchange is now available for users.
After comprehensive review of the activity of cryptocurrency payment processor BitPay, the New York Department of Financial Services granted BitLicense to the company.
Bithumb, one of South Korea’s major cryptocurrency exchanges, is expanding its geography to Thailand and Japan.
As a part of this approval, Coinbase will be able to list the ICOs on their platform and thus trade digital tokens that are deemed as securities.
The crypto exchange had to bring in the Court of Appeals to re-open its deposit account closed by Banco Estado. The legal ruling raised the issue of violating the right for equality and that is not the first precedent of the kind in Chile.
Global regulators have published a framework for “vigilantly” monitoring risks from crypto assets, even though they don’t pose a major risk to financial stability for now.
BlackRock announced its plans to form a working group to investigate the crypto industry and to assess potential benefits of involvement in Bitcoin.
In the future, clients of SIX Digital Exchange will be able to enjoy fully end-to-end integrated digital asset trading, settlement and custody service.