German Stock Exchange Subsidiary Announces Crypto Trading App Bison

Sowa Labs, a subsidiary of Boerse Stuttgart, Germany’s second-largest stock exchange, has announced a forthcoming cryptocurrency app. The new app, Bison, is expected to be made available in German during Autumn, with an English version expected soon after. Also Read: Russian Court Bans Telegram, Founder Pavel Durov Defiant Boerse Stuttgart Subsidiary Announces Forthcoming App Cryptocurrency Trading … Read more

74 Beauty Clinics in Japan Now Accept Payments in BTC

This week the Japanese cryptocurrency exchange and payment processor, Bitflyer, announced its partnership with SBC Medical Group the parent company of the popular Shonan Beauty Clinic. The union between both firms means that 74 clinics nationwide will allow patients to settle their bills in cryptocurrency. Also read: Markets Update: BTC Price Jumps Over $1000 in Less … Read more

Pakistan’s Urdubit Exchange Shuts Down After Crypto Ban

Urdubit, a leading Pakistani bitcoin exchange, has closed down permanently. The news came after the central bank of Pakistan announced a ban on dealings with cryptocurrencies. The trading platform urged customers to withdraw their funds “as fast as possible”. Its team confirmed on social media its operations had been suspended due to the prohibition of … Read more

The Number of Cryptocurrency Exchanges Has Exploded

In bitcoin’s earliest days, you could count the number of cryptocurrency exchanges on two hands: Mt Gox, Bitstamp, Btc-e, Vircurex and a handful of others, as well as P2P exchange Localbitcoins. Today, the landscape has changed dramatically. There are now over 500 exchanges to choose from – and that number is growing with every passing … Read more

Coindcx Launches Indian Crypto-to-Crypto Exchange Amid Regulations

This week the Reserve Bank of India (RBI), the country’s central bank, has banned banks from dealing with cryptocurrency businesses. Indian financial institutions have three months to cease doing business with digital asset operations but some of them may stop facilitating INR settlements. News.Bitcoin.com spoke with Sumit Gupta the founder and CEO of a new … Read more

SBI Bits Jerry Chan Discusses the Lightning Network and Colored Coins

At the Satoshi’s Vision Conference in Japan Bitcoin.com’s Jake Smith interviewed Jerry Chan the lead executive for SBI Group’s fintech arm ‘SBI Bits.’ Chan explains what SBI Bits is involved in and how it had embraced blockchain technology and cryptocurrency solutions. The firm has recently launched a mining pool that’s processing bitcoin cash blocks alongside … Read more

CEO of Korean Exchange Coinnest among Four Arrested for Fraud

South Korean police have arrested four high-ranking representatives of two cryptocurrency exchanges, including Coinnest’s CEO. They were detained on arrest warrants issued after a fraud investigation, prosecutors said. The executives are accused of embezzling funds belonging to customers and may face additional charges. Also read: Three South Korean Crypto Exchanges Raided for Diverting Funds Suspects … Read more

New Local Crypto Street Exchange Shop Trades Bitcoin for Cash in Central Moscow

A change bureau trading bitcoin has been opened in the Russian capital. According to local media, this is the only currency exchange in Moscow buying and selling cryptos for cash. Lawyers say nothing in the law prohibits this kind of service, and the business is legal.  Also read: Russians Owe 13% Tax on Their Crypto … Read more

Australian Regulations for Cryptocurrency Exchanges Introduced

Australia’s new legislative guidelines for the operation of cryptocurrency exchanges were introduced on the 3rd of April 2018. From now on, Australian digital currency exchange businesses will be required to register and comply with anti-money laundering/counter-terrorism financing (AML/CTF) laws. Also Read: Companies Outsource Marketing to India Amid Ban on Crypto Ads  Australia Introduces AML/CTF Requirements for … Read more