Two vice presidents of the Japan Virtual Currency Exchange Association have left the organization after receiving business improvement orders from the Financial Services Agency.
<h1>Hours After Bitcoin Price Drops, Bitfinex Loses Chief Strategy Officer Phil Potter</h1>
Going somewhere, Potter?
<h1>$31.5M Hack Of South Korea’s Bithumb Exchange Exposes Growing ‘Hot Wallet’ Problem</h1>
This morning, the second South Korean cryptocurrency exchange in two weeks announced it has been hacked. There is a trending problem with online wallet security, a lack of urgency in protecting funds, and waning confidence in the cryptocurrency markets.
<h1>Japan’s Virtual Currency Exchange Association Set To Vote On New Voluntary Rules</h1>
An association of 16 cryptocurrency exchanges is working on a draft of self-imposed rules in a continuing attempt to secure the industry following the Coincheck hack. The vote on these rules is set for June 27.
<h1>Coinbase Plans To List Ethereum Classic</h1>
“We are pleased to announce our intention to add support for Ethereum Classic (ETC) to Coinbase in the coming months,” the exchange wrote on Monday.
<h1>CFTC Subpoenas Cryptocurrency Exchanges In Bitcoin Futures Investigation</h1>
Bitstamp, Coinbase, itBit, and Kraken were targeted. The future’s looking a bit dim.
<h1>South Korean Cryptocurrency Exchange Coinrail Is The Latest To Be Hacked</h1>
It’s estimated that the South Korean exchange lost over $35 million worth of cryptocurrency and the market has not been kind.
<h1>Bithumb Cleared Of Suspicion By Korean Tax Agency</h1>
Prominent South Korean cryptocurrency exchange Bithumb has been cleared of concern over possible tax evasion and dubious business practices after a three-month investigation by the country’s National Tax Service.
<h1>Coinbase Acquires Keystone Capital, Eyes Blockchain Securities Market</h1>
Coinbase has acquired three California-based companies in an effort to not only expand its business, but to achieve regulatory compliance as the cryptospace strives for mass adoption.
<h1>FSHO First Cryptocurrency Exchange To Be Rejected By Japan’s Financial Services Agency</h1>
Following greater scrutiny of cryptocurrency exchanges since the beginning of the year, the FSA has now issued its first denial of registration to the exchange FSHO.
<h1>Fidelity’s Planned Crypto Exchange: Institutional Involvement In Anti-Bank Assets</h1>
The potential opening of a Fidelity Investment cryptocurrency exchange begs the question of how money designed to be independent of banks could be affected by the introduction of an institutional interloper.
<h1>Coinbase Crypto Exchange Announces Launch Of Japan Office</h1>
On Monday, Coinbase announced it will be opening a new office in Japan in order to advance mass adoption of cryptocurrency.
<h1>Japanese Bank SBI Announces Opening Of Cryptocurrency Exchange VCTRADE</h1>
SBI continues to take cryptocurrency seriously, becoming the first Japanese bank to create its own cryptocurrency exchange. The exchange will initially only offer XPR, the currency of its collaborator, Ripple.
<h1>Polish Cryptocurrency Exchange BitBay Moving To Malta</h1>
BitBay is moving to Malta as Polish banks refuse to continue doing business with the exchange.
<h1>Cryptocurrency Exchange Bithumb To Halt Services In 11 Countries</h1>
Bithumb, a leading cryptocurrency exchange in South Korea, will suspend its services to customers living in 11 countries that the Financial Action Task Force has deemed “non-cooperative.”
<h1>Monetary Authority Of Singapore Cautions Digital Token Exchanges</h1>
The Monetary Authority of Singapore has shut down an ICO and issued a warning to eight digital token exchanges about possible securities law violations.
<h1>Bitfinex Reportedly Tied To Puerto Rico’s Noble Bank International</h1>
According to a Thursday report, Noble Bank International has provided its banking services to Bitfinex since sometime in 2017. The cryptocurrency exchange seems to have cycled through a series of banking relationships after Wells Fargo abruptly ended its relationship with the company in April 2017.
<h1>Korean Exchange Korbit To Delist Privacy Coins, Other Cryptocurrencies</h1>
A South Korean cryptocurrency exchange has revealed that it will delist Monero, Zcash, Dash, Steem, and Augur.
<h1>Cryptocurrency Exchange Coincheck Eyes US Expansion</h1>
The CEO of the company that bought Coincheck, Monex, wants to extend the cryptocurrency exchange’s services to American customers.
<h1>Data Demanded From Bitfinex Customers Could Be Fed To Gov’ts</h1>
Bitfinex, a leading cryptocurrency exchange by trade volume according to CoinMarketCap, has asked certain customers for tax information that it plans to pass on to authorities.