EF Hutton Initiates Coverage of Cryptocurrencies – BCH Gets 5-Star Rating

American stock brokerage firm EF Hutton is initiating coverage of seven cryptocurrencies, each given a rating of one to five stars. New.Bitcoin.com talked to CEO Christopher Daniels who shared his firm’s methodology used to analyze the cryptocurrencies and how they are rated. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals EF Hutton … Read more

Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages

A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Introducing Hacking Insurance A … Read more

Major Indian Bitcoin Exchange Discusses the Aftermath of RBI Ban

It has been about two months since the crypto banking ban by the Reserve Bank of India (RBI) went into effect. News.Bitcoin.com talked to Sathvik Vishwanath, CEO and co-founder of Indian exchange Unocoin, to discuss the aftermath of the central bank’s ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space All Eyes on Supreme … Read more

Shapeshift Moves to Membership Model Requiring User Information

Non-custodial crypto trading platform Shapeshift has introduced a membership program which will soon be mandatory. CEO Erik Voorhees explains that his exchange will have to begin collecting basic personal information of its users, and there will be five membership levels. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Shapeshift Membership Mandatory Soon … Read more

Belgium Warns of 28 New Fraudulent Crypto Platforms – 78 in Total

Belgium’s Financial Services and Markets Authority (FSMA) has published a list of cryptocurrency platforms showing signs of fraud. The list currently contains 78 crypto platforms, including 28 platforms added on Tuesday. Despite warnings, the FSMA continues to receive complaints from consumers about these crypto firms. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals … Read more

Iran Officially Recognizes Cryptocurrency Mining

As economic sanctions start to bite, Iran is now looking to cryptocurrencies to ease the damage. The world’s third-largest oil-producer seeks to follow in the footsteps of Venezuela, which has issued an oil-backed digital currency called the Petro. But can Iran succeed where Venezuela is ostensibly faltering? Also read: As Zimbabweans Struggle for Cash, Even the … Read more

Crypto Facilities Launches Perpetual Futures on Five Cryptocurrencies

UK-based cryptocurrency exchange platform Crypto Facilities has launched perpetual futures contracts on five cryptocurrencies. The platform is registered with the country’s Financial Conduct Authority and already offers fixed maturity futures on six trading pairs. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Crypto Facilities Launches Perpetual Futures London-based exchange Crypto Facilities announced … Read more

Japanese Company Trials BTC and Smart Contracts in Real Estate Transactions

A Tokyo Stock Exchange-listed company has built a cryptocurrency settlement platform for real estate transactions. The firm has tested the platform using BTC and smart contracts for property sales and has released its findings; many benefits were observed over the traditional method. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals BTC and … Read more

Philippine SEC to Publish Draft Crypto Exchange Regulations Next Week

The Philippine Securities and Exchange Commission (SEC) is exploring regulating cryptocurrency as trading platforms, according to SEC Commissioner Ephyro Luis Amatong. Commissioner Amatong also indicated that the current Australian and Swiss legislative apparatus pertaining to virtual currency exchanges are being considered as possible templates for the future regulatory framework of the Philippine SEC – the … Read more

Indian Officials Visit Regulators in Japan, UK, Switzerland to Study Crypto

The Securities and Exchange Board of India has sent officials to Japan, the UK, and Switzerland to study cryptocurrency and initial coin offerings from each of the three countries’ financial regulators. The securities watchdog aims to engage with international regulators and gain a deeper understanding of their crypto mechanisms and systems in order to improve … Read more