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Could you live without cryptocurrency in your life? For its proponents, bitcoin is a drug that’s had them hooked since the day they discovered it. Not all holders feel the same way though. Stung by massive losses and the realisation that cryptocurrency is taking over their life, some traders forced themselves to walk away for … Read more
A new presidential decree legalizes cryptocurrency trading in Uzbekistan, introducing licensing for crypto exchanges and a set of requirements they will be obliged to meet. To operate in the country, foreign trading platforms will have to establish local subsidiaries and abide by the country’s relevant laws. Also read: California Passes Bill Defining Blockchain and Crypto … Read more
Following the closing of social media accounts of crypto news organizations and after forbidding hotels from hosting crypto-related events, China has turned its attention to banning payments to trading platforms based outside the country. We’ve covered the escalation of the crackdown in The Daily. Also, Russia’s Interior Ministry wants to introduce criminal liability for shadowy … Read more
Leading cryptocurrency exchange Binance has announced the launch of its new market intelligence app in beta. The mobile tracker is available for Android and iOS. Also in The Daily, an IT company offers a platform to build a crypto exchange in just two weeks, Shariah compliant trading platform promises to bring Muslim crypto enthusiasts into … Read more
Crypto exchange Binance is launching a fiat-to-crypto trading platform in Liechtenstein and you can find the details about the joint venture with LCX in The Daily. We’ve also got reports about ZB.com opening a new office in Malta, Coinsilium investing in crypto trading platform Bundle, and the rebranding of the Toshi crypto wallet as Coinbase … Read more
Falling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. Many of them involve cryptocurrency trading which is supposed to be banned in the People’s Republic, or is it? Also read: Malta Tops Exchange-Based … Read more
Boerse Stuttgart is going deeper into crypto. The German stock exchange is planning to set up a new trading venue that would allow the exchange of tokens from the ICOs it wants to host, as well as established cryptocurrencies. Custody services will also be offered to crypto investors. Also read: Coinbase Introduces GBP Pairs, Hitbtc … Read more
Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee. The email notice published by local media promises zero transaction fees for exchanging BTC, ETH, and USDT. Also read: 3 Million … Read more
South African financial company Purple Group has confirmed the addition of two cryptocurrencies, bitcoin and ethereum, to its online trading platform. According to a representative, the decision came in response to strong demand from clients earlier this year. The move has expanded the trading options for South Africans, many of whom, according to a recent … Read more
In today’s edition of Bitcoin in Brief, “U.S. person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. On Capitol Hill, congressmen have been warned to disclose their … Read more
