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Germany Gets Its First Crypto Exchange for Whales

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Germany’s VPE Wertpapierhandelsbank AG (VPE) has announced its institutional investor cryptocurrency trading services and claims them to be the first of their kind for the country. Armed with a Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin) license, in expanding its brokerage offerings VPE purports to offer “best-in-class technology” to customers, “secure and regulated.” Also read: Facebook to Be … Read more

Quebec Chief Scientist Rejects “Myth” of Widespread Illicit Bitcoin Use

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The Chief Scientist of Quebec, Rémi Quirion, has published a document rejecting the popular “myth” that illicit transactions are among those for which bitcoin is principally used. Quebec’s Chief Scientist is closely associated with the Fonds de recherche du Québec (FRQ) – a publicly funded institution dedicated to “providing support for the production and dissemination … Read more

Slow and Steady Wins the Race: This Canadian Exchange Is Leading the Way on Regulation

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There’s nothing that sends shock waves through the crypto markets like the prospect of regulation. And there’s also nothing so hard to establish on a global scale. After all, how can you regulate something when you can’t agree on what category it falls into, and when laws vary across jurisdictions and cultures? One Canadian exchange, Coinsquare, is taking … Read more

Bitflyer Contests Reports of Insufficient Customer Verification Process

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Japan’s largest cryptocurrency exchange Bitflyer has contested media reports that the Japanese financial regulator has deemed its user verification process to be insufficient. Nonetheless, the exchange admitted to being in talks with the authority and has implemented additional measures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Reports of Financial Regulator’s Concerns The largest … Read more

Blind Denial of Cryptocurrencies Leads Nowhere, Bank of Lithuania Says

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The central bank of Lithuania has started discussions on regulations with crypto businesses and commercial banks. The reluctance to understand the world of cryptocurrencies leads nowhere, its fintech coordinator said during a meeting in Vilnius. Lithuanian projects have attracted 10% of ICO investments last year, the local community claims. Cryptocurrencies like bitcoin enjoy a growing … Read more