Commerce Dept. Asks for Public Comments on Framework for US Crypto Competitiveness

2022-5-20 22:20

The request is in response to Joe Biden’s executive order in March asking for agencies to coordinate their approach to digital assets.

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South Korea Prohibiting Withdrawals from Exchanges to Non-KYC Wallets Starting March 2022

The South Korean government is prohibiting withdrawals from local cryptocurrency exchanges to non-KYC wallets such as MetaMask, starting next year, as per the local report. Regulators in the country are imposing the travel rule when transferring assets from one venue to another, requiring information of sender and recipient to be recorded in order to prevent […] The post South Korea Prohibiting Withdrawals from Exchanges to Non-KYC Wallets Starting March 2022 first appeared on BitcoinExchangeGuide.

2021-12-11 18:12


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Black Ocean Offers Whales Ample Liquidity and Trading Anonymity with Accelerated Initiatives on ProBit Global

Inspired by traditional markets and driven by a daily trading volume increase from Jan 2020 to present from $61B to $170B, VRM, a proprietary high-frequency trading company that reported average daily trading volumes between $15B – $20B in March, has developed a liquidity provision and order execution solution called Black Ocean. FLY, an ERC20 token […]

2021-5-28 18:18


US Treasury Dept and Industry Leaders Met to Discuss The Challenges In Crypto Compliance

The US Treasury Department, along with important figures in the crypto industry, have met to discuss the regulatory challenges in the crypto space. On March 2nd, the Treasury made an announcement that it will be meeting with crypto experts and leaders in order to address the supervision and regulation of crypto assets. Steven Mnuchin, the […]

2020-3-4 21:33


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KPMG Report: Tremendous Profit Potential for Cryptocurrency Custodians in the Industry

According to a Bloomberg report published on March 2, 2020, auditing giant KPMG has stressed that the cryptocurrency industry must improve how it secures digital assets in order to keep growing. KPMG Emphasizes the Security of Digital Assets Bitcoin (BTC), the first cryptocurrency developed during the aftermath of the 2008 financial crisis has been inRead MoreRead More.

2020-3-3 02:00


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South Korean Crypto Exchange APRObit Adopts Bitfinex Joint Order Book System, Launching in March

It will be the only cryptocurrency exchange available in South Korea that adopts an international joint order book system. APRObit will be the first exchange in South Korea to adopt Bitfinex’s joint order book system, which shares the market depth of Bitfinex’s BTC, ETH, and USDT trading pairs APRObit will be the only exchange inRead MoreRead More.

2020-2-13 16:00


Crypto is useful enough to create a whole new future, says CZ as he addresses wash trading concerns

Binance launched its decentralized exchange in March in order to foster the crypto industry’s long-term vision of peer-to-peer trading. Changpeng Zhao or more popularly known as CZ, CEO of Binance, spoke about his long-standing critic, Nouriel Roubini’s take on the ailing problem with exchanges such as wash trading and fake trading volumes, in an interview […] The post Crypto is useful enough to create a whole new future, says CZ as he addresses wash trading concerns appeared first on AMBCrypto.

2019-7-11 00:30


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Op Ed: A Summary of

In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.

2019-5-18 22:14


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30


Usechain Aims to be the Best Blockchain Identity Project, Have Own Lightning Network with RPoW

Usechain has released its mainnet in order to build a “Wall Street On-Chain.” The project released a press release on March 31st, in which they inform that they have launched their mainnet. The finance professor Huining Cao, the founder of Usechain, explained that they want to become the largest public blockchain in the world in […]

2019-4-1 18:51


Buzzex Global Crypto Exchange Announces Start of Trading Operations

Bitcoin Press Release: UK-based crypto exchange platform Buzzex has just announced the start of trading on its’ platform, alongside many developments, competitions, and programs. Friday 29th March, 2019, London, United Kingdom – Buzzex is a new secure digital asset trading platform, built by a group of traders and cryptocurrency enthusiasts, which boasts some unique features.

2019-4-1 10:20


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Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take […] The post Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners appeared first on Bitcoin News.

2019-3-30 19:20


‘Wrong at Virtually Every Level’: Elon Musk Torches ‘Radical’ SEC for Twitter Gag Attempt

Billionaire Elon Musk fired back at the Securities and Exchange Commission’s February 2019 contempt filing designed to muzzle the Tesla CEO’s Twitter commentary. Elon Musk: ‘SEC’s Position Is Wrong’ In a fiery response filed March 22 in New York federal court, Musk slammed the SEC for its “radical reinterpretation” of a September 2018 consent decree under which he agreed to get approval from Tesla’s board before tweeting anything that could impact TSLA’s stock price.

2019-3-24 14:41


Illinois Judge Blocks Mt Gox CEO’s Bid to Weasle out of Bitcoin Trader Lawsuit

For Mark Karpeles, the former CEO of the shuttered Mt. Gox bitcoin exchange, the hits just keep on coming, this time from more than 6,000 miles away. An Illinois court in a Memorandum Opinion and Order issued on March 12 has denied Karpeles the chance to make a class action complaint in which he is named as a defendant go away, despite the fact that the infamous cryptocurrency exchange was based in Tokyo.

2019-3-14 19:06