In spite of a very unstable situation on the crypto market, the world’s largest virtual currency exchange expects $1 billion of profit this year.
The FSC revised its rules to apply strengthened policies in order to prevent or detect money laundering and illegal activities because they aren’t opposed to cryptocurrencies.
From now on the cryptocurrency exchanges of South Korea form a new industry named “Cryptocurrency Exchange and Brokerage” able to operate at a large capacity with full government support.
The Dutch Flow Traders is expanding its trading products to exchange-traded notes (ETNs) based on Bitcoin and Ethereum.
Thanks to amendments that the government plans to make to the Banking Act, Bermuda is to become a new destination for fintech innovation.
South Korea’s Financial Services Commission has revealed its new anti-money-laundering and know-your-customer rules for for crypto exchanges.
Bitcoin is predicted to reach new heights until the end of 2018 given the emergence of cryptocurrency ETFs and the growth of institutional investment.
In the nearest future, regulated crypto custody services are believed to be introduced across the crypto industry and bring significant changes.
Financial services provider Square has got the NYSDFS 7th-ever BitLicense allowing New Yorkers to trade cryptocurrency on the rapidly growing Cash app.
Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator.
Crypto market rebounds, with the world’s largest cryptocurrencies spiking. This follows the news from the US SEC which does not consider Ethereum a security.
Dong He, deputy director of the IMF’s Monetary and Capital Markets Department, published an article where he suggested that crypto assets may reduce demand for central bank money and proposed central banks create their own digitized assets.
Chinese authorities continue to standardize the blockchain sector, aiming to form National Blockchain Standardization Committee by the end of 2018.