The Only Regulated Bitcoin Exchange in Germany Will Become A Bank in 2019

The operator of Germany’s only regulated cryptocurrency exchange has confirmed it will de facto become a bank after securing a 100 percent takeover of Tremmel Wertpapierhandelsbank. Bitcoin.de Buys Tremmel Wertpapierhandelsbank Bitcoin Group SE, which operates Bitcoin.de, will be able to offer a raft of services connected with cryptocurrency thanks to a banking license once the […]

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US Regulators Approve Winklevoss Twins’ Fiat-Backed Stablecoin Gemini Dollar

New York regulators have given the green light to Tyler and Cameron Winklevoss’ first cryptocurrency, a stablecoin attached to their trading platform Gemini. Solving Stablecoin ‘Trust Problems’ As Forbes reports on September 10, the token, the Gemini Dollar, will have the backing of investment bank State Street, which takes custody of the fiat dollars it is […]

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Binance Profits Rival Nasdaq But With Only 4% of the Staff

Cryptocurrency exchange Binance continued to wow cryptocurrency commentators as data shows the platform made almost as much profit as Nasdaq in Q1 2018. 8 Months, $200 Million A comparison uploaded to Twitter by Danhua Capital managing Director Dovey Wan August 30 shows that for that period, Binance pulled in $200 million against Nasdaq’s $209 million. […]

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Binance Creates ‘SAFU’ Fund After Outage Becomes Marketing Gold

Cryptocurrency exchange Binance has reopened after what officials described as “irregular trades” led the platform to suspend activity July 3. Binance To Create ‘SAFU’ Fund In a summary of the events, Binance said the unusual trading came from “a number of API users,” triggering its internal risk management system. Seemingly more of a precaution than […]

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HitBTC Plans To Allow Japanese Trading Via ‘Subsidiary’ By Q3 2018

Wilma Woo · June 4, 2018 · 5:00 pm Cryptocurrency exchange HitBTC is pushing ahead with plans to establish a Japanese subsidiary after banning accounts allegedly linked with the country. Japanese Traders Shut Out For ‘Compliance’ HitBTC announced yesterday via the company’s official blog that it was already “actively hiring for the local office” with […]

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Coincheck Posts Significant Profit, Despite High-Profile Heist

Adam James · April 27, 2018 · 1:30 am Despite experiencing one of the worst heists in the cryptocurrency market’s history, Coincheck has still managed to turn a significant profit. Can’t Nobody Hold Coincheck Down As reported by Reuters, Japanese cryptocurrency exchange Coincheck Inc. has recorded a writedown of roughly $432.56 million for the financial […]

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Andreas Antonopoulos: 4 Things Bitcoin Needs Plus a Hard Fork in 2018

Melanie Kramer · March 26, 2018 · 8:00 pm In his latest Q&A on March 24th, 2018, Bitcoin evangelist, educator, and influencer Andreas Antonopoulos explains what the cryptocurrency industry needs next and his expectations for Bitcoin development. 4 Basic Things Bitcoin Must Have Antonopoulos begins the Q&A by noting, partly in jest, that the industry […]

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Bitcoin Price Falls As Markets React To (False) Japan Binance Threat [UPDATED]

Wilma Woo · March 22, 2018 · 7:30 am Bitcoin fell $500 in hours to hit two-day lows March 22 after news broke Japanese regulators may ban the world’s largest cryptocurrency exchange, Binance. Co-Founder Ye Not Concerned UPDATE: Binance CEO Changpeng Zhao has responded to the news on Twitter stating that the source showed “irresponsible […]

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