Ever since the supreme court quashed the banking restriction imposed by the central bank, interest in cryptocurrency has been rising in India, including on peer-to-peer (P2P) marketplaces. The local crypto community is growing despite the nationwide lockdown and rising covid-19 threat. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About...Read More
The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will be regulated. However, the bill’s adoption has been delayed due to the...Read More
Like most businesses, cryptocurrency exchanges are not always upfront with their practices. Some try to keep a level of transparency in order to maintain their appeal and reliability for their customer base, but there are certain things they do not disclose. We will be looking into some of the undisclosed matters that go behind the...Read More
Cryptocurrency exchanges have gained a lot of popularity in the last few years. In fact, the top exchanges managing billions of dollars of transactions daily. making it an important part of the cryptocurrency industry today. In the year 2017, total trading volume in cryptocurrency exchanges surpassed that of stock trades. A statistic that would’ve been...Read More
The Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian crypto industry could expect in the year 2020 and a wide range...Read More
Banking services platform Cashaa has seen significant growth in crypto trading volume in India since it began offering INR deposits and withdrawals. The platform has cut its fees by more than 50% and is getting ready to add five more cryptocurrencies for users in India, Cashaa has shared with news.Bitcoin.com. Also read: Regulatory Roundup –...Read More
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to the local regulations postulate. Also read: Poles Hit With Backdated Tax on Crypto Trades...Read More
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau. Also read: Crypto...Read More
Binance, one of the largest cryptocurrency exchanges in the world, announced the launch of its new fiat gateway for Latin America. According to the company’s blog post, the new subsidiary will be called Latamex and was launched in partnership with Settle Network, Latin America’s largest digital asset settlement network. Binance launches Latamex to serve Latin...Read More
The Malta-based exchange, Binance will now include asset balances and transactions in C2C fiat accounts while calculating VIP levels and daily BNB holdings. The calculation will be upgraded from 14/12/2019 on the Binance exchange. Earlier, BNB held in the Binance wallet was not included in the daily BNB calculation. Now, with this upgrade, hourly snapshots...Read More
Trading volume lost its value as an effective metric to rank exchanges and, consequently, digital assets. As a result, CoinMarketCap is planning to switch over to a new barometer that will provide “real trading activity,” according to the firm’s Head of Strategy Carylyne Chan. Rankings by Liquidity CoinMarketCap faced significant backlash earlier this year after...Read More
Cryptocurrency investors in the United States have two notable exchanges to choose from — namely, Coinbase Pro and Binance.US. Though there are several other options as well, these exchanges are operated by two of the most recognizable crypto companies in the world, both of which have a major U.S. presence. In this review, we’ll break...Read More
Add another fiat on-ramp to your crypto shopping list. Initially rolled out to residents in California, Washington, and Illinois, the ShortHop “exchange of exchanges” is now expanding to eight additional states. ShortHop, owned by Velocity Markets, taps into eight different OTC desks and exchanges, allowing greater liquidity and efficiency for its customers. The service is...Read More
Forget about day trading – if you want to get rich in crypto, the real money is in derivatives. As the world prepares for Bakkt’s launch next month, investors and companies are lining up to buy stakes in futures and options trading platforms. That means a flux of new offers from hungry investors. Crypto derivatives...Read More
The Tokyo-based servers have from Amazon experienced some issues which caused Asians crypto exchanges to have operational problems. The CEO of Binance, Changpeng Zhao took to Twitter to alert users of this issue, stating that “Amazon’s servers are returning 500 Internal Server Error, blocking access to APIs related to the processing of withdrawals.” The servers...Read More
Ever wonder why there are so many top exchanges you’ve never heard of? If so, you might not be the only one. A recent report by CryptoCompare found that exchange-reported trading volumes remain far away from reality. In its July 2019 Exchange Review, the cryptocurrency data and indices provider gathered statistics that suggest the crypto...Read More
One of the most advanced and secure cryptocurrency exchanges, KuCoin released an official announcement stating its support towards KickCoin (KICK) Token Swap. As per the blog post the token swapping will be held on 29th August 2019. As per the KickEcosystem report, there are chances of getting up to 150% bonus KickTokens during the swap....Read More
