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Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations

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On Monday, the Helsinki-based peer-to-peer crypto exchange Localbitcoins announced it is adding several different identification processes in order to improve AML and KYC requirements. The move to bolster the new customer verification procedure follows Finland’s Financial Supervisory Authority (FSA) mandating supervision over exchange operations. Also read: Mineable Cryptocurrencies Are Far More Valuable Than Non-Mineable Coins … Read more

Cumulative Volume on Huobi Derivative Market Exceeds $20 Billion

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Huobi has announced that its cryptocurrency derivative platform, Huobi DM, has surpassed $20 billion in cumulative trading volume. The announcement comes just one month after the platform exited beta mode. Also Read: Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months  Huobi DM Cumulative Trade Volume Doubles in 2 Weeks Huobi Derivative Market … Read more

Japanese Regulator Clarifies Stance on Bitcoin ETFs and Derivatives

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Japan’s top financial regulator has clarified to news.Bitcoin.com its stance on bitcoin exchange-traded funds (ETFs), cryptocurrency derivatives, and upcoming regulatory changes. This follows reports that the agency may be considering approving an ETF that tracks cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Bitcoin ETFs and Derivatives Following recent reports … Read more

Japan Approves 17th Cryptocurrency Exchange – Its First in Over a Year

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It has been over a year since Japan’s Financial Services Agency last approved a cryptocurrency exchange to legally operate in the country. Coincheck, which was hacked early last year, has become the 17th fully-registered crypto exchange in the country. The exchange has made numerous improvements after it was acquired by Monex Group. Also read: Indian Supreme … Read more

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