We are ten years into the Bitcoin revolution, but its global network of 200+ exchanges remains largely unregulated. Yes, there are money transfer agent regulations that must be complied with and KYC/AML rules that must be adhered to, but safety and security are large stumbling blocks. As for regulators, the industry must quickly deal with…
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The founder of Tron, Justin Sun, admitted that he is one of the investors in Poloniex crypto exchange that was recently acquired by Circle. Sun initially denied the investment. While the investment came through, Poloniex is operated independently from Tron. The comment was made during a joint Tron-Poloniex event that was live-streamed via Twitter on…
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Coinbase has expanded its portfolio in the last couple of years with more and new cryptocurrencies. But this is the first time the cryptocurrency wallet and exchange is rewarding users who hold a particular cryptocurrency - Tezos (XTZ). Coinbase announced through a blog post on Wednesday this week that US customers (except residents of New…
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The Bakkt crypto exchange has been up and running for well over a month now, and although its opening was more subdued that most Bitcoin enthusiasts would have liked, it is beginning to pick up steam with its institutional clients. Jeffrey Sprecher, the CEO for the Intercontinental Exchange (ICE), the owner and operator of the…
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FTX, a cryptocurrency derivatives exchange owned by Alameda Research, is facing a $150 million lawsuit over deceptive market manipulation tactics on the Binance exchange, while also being accused of selling unlicensed securities in the U.S. The plaintiff, Bitcoin Manipulation Abatement LLC, is already making a name for itself, due to this litigation, which demands $150…
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London-based institutional digital securities exchange, Archax has announced that it has teamed up with R3. The exchange will use R3’s Corda Enterprise platform to build its post-trade infrastructure to reduce friction in the post-trade process, as well as to handle post-trade activities on a distributed ledger. Archax' application to operate a multilateral trading facility (MTF)…
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xCrypt ecosystem has just announced that it has launched the final version of the xCrypt - Digital Asset Exchange for the trading of virtual assets. Digital assets will be stored in cold wallets embedded with extra security measures such as multi-signature systems and two-step authentication. The xCrypt exchange is a fully regulated exchange platform that…
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Binance, the world’s largest crypto exchange by volume, is back in the news again, but not to announce a new product line or special feature for its global client base. This time around, the company is proud to proclaim that it will lead the industry in its efforts to comply with the stringent proposals of…
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Coinbase, the largest crypto exchange in the United States, announced on its blog that it is considering an expansion of its current offerings by 17 token projects, none of which are presently listed on any exchange. According to Bitcoinerx: Only 53 of the 2880 assets listed on CoinMarketCap are available to exchanges across the Coinbase…
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Ho-hum. The Bakkt exchange finally opened its doors, after thirteen months of built up anticipation, but there was no avalanche of institutional orders, no fanfare, only a plethora of articles in the press asking where was everyone hiding? The first transaction was for one BTC, pegging the price at $10,115. Another 17 BTC of orders…
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