Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification

South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local … Read more

SEC Suspends Trading of XBT Provider’s Bitcoin Exchange-Traded Product

The U.S. Securities and Exchange Commission has suspended the trading of two XBT Provider products: Bitcoin Tracker One and Ether Tracker One. The agency attributes “a lack of current, consistent and accurate information” which leads to “confusion amongst market participants” as the reason. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals SEC … Read more

RBI Ban Hearing in Two Days – What Indian Crypto Exchanges Are Expecting

The Indian supreme court will hear all petitions against the crypto banking ban by the Reserve Bank of India on Tuesday. News.Bitcoin.com talked to the CEOs of several Indian exchanges to find out what they are expecting from the hearing, trader sentiment, their exchanges’ current trading volumes, and how they see the court’s ruling affecting … Read more

Markets Update: Traders Uncertain of the Next Crypto Market Cycle

Cryptocurrency markets today are seeing a touch of recovery after digital asset prices suffered from some significant losses over the past few days. The entire virtual currency economy has consolidated just above the $200 billion mark, after dropping well below this threshold during Saturday evening’s trading sessions. Over the last seven days, each digital asset … Read more

Russian Industry Association Launching Crypto Certification Program

The Russian crypto industry association is launching a crypto certification program. Applicants will be evaluated and issued a certificate showing their competency level which can be verified on the association’s website. Training will be offered to those that do not score the required number of points. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, … Read more

Japan’s GMO Launches Live Crypto Trading Platform, Adds Mining Facilities

Japanese internet giant GMO has launched a live crypto trading platform via its subsidiary GMO Coin. This is the company’s third crypto exchange and trading service. Meanwhile, the group has established more mining facilities and has mined almost 3,000 BTC and over 660 BCH so far. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, … Read more

Thai Government Approves Crypto Exchange, Wants Own Wallet

The Thai Securities and Exchange Commission has approved another crypto exchange to legally operate in the country. There are now six exchanges that have been granted approval. Meanwhile, the government is considering maintaining its own wallet in order to confiscate cryptocurrencies from illegal sources. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals … Read more

New Crypto Exchanges Launch in Hong Kong, Korea, Indonesia

The cryptocurrency ecosystem continues to grow with the addition of some new crypto exchanges in Hong Kong, Korea, and Indonesia. Bitone Trade HK, affiliated with a Japanese publicly listed company, will support 30 cryptocurrencies. Huobi Indonesia will list 123 coins and new Korean exchange Probit will list 157 coins. Also read: 160 Crypto Exchanges Seek to … Read more

Bittrex to Launch Caribbean and Latin American Crypto Exchange

The US-based exchange Bittrex has announced a partnership with Cryptofacil, a new cryptocurrency trading platform designed to accommodate citizens in Latin America and the Caribbean. The company explains the new exchange will be powered by Bittrex and offer customers in those regions accessibility to over 200 digital assets. Also read: Proof-of-Stake is a Rebranded Version of … Read more

South Korea Urges 14 Countries to Create International Discipline System for Crypto

At an annual international conference for regulators in Seoul, the South Korean Financial Supervisory Service urged regulators from 14 other countries to create an international discipline system for cryptocurrency and initial coin offerings. The Korean government also outlined its current crypto countermeasures and pushed for better information sharing and international cooperation. Also read: Yahoo! Japan Confirms … Read more