One of the world’s largest digital asset exchanges is expanding its operations to Malta, where the crypto-laws are friendly.
<h1>Gemini Support For Block Trading May Consolidate Cryptocurrency Markets</h1>
Gemini will soon facilitate block trading of digital assets. The service, which connects buyers and sellers of large quantities of digital assets, will operate separately from Gemini’s existing order books.
<h1>Cryptocurrency Exchange Urdubit Shuts Down After Announcement From Pakistani Central Bank</h1>
On Friday, the State Bank of Pakistan prohibited regulated entities from facilitating cryptocurrency-related transactions. Within hours, Urdubit announced its closure.
<h1>Japanese FSA Halts Two Cryptocurrency Exchanges</h1>
On Friday, the Financial Services Agency continued its crusade against noncompliant cryptocurrency exchanges.
<h1>Cryptocurrency Exchange Coincheck To Accept Acquisition Offer Two Months After Heist</h1>
The Japanese digital asset exchange Coincheck will be purchased by an online brokerage.
<h1>Chilean Banks Deny Service To Cryptocurrency Platforms, Firms Ask For Regulatory Guidance</h1>
On Thursday, Chilean media reported that BancoEstado will close an account belonging to Orionx. This follows similar reports about cryptocurrency platforms BUDA and Crypto MKT, which together called for regulatory clarification through an open letter.
<h1>Hacked Korean Cryptocurrency Exchange Youbit’s Insurance Claim Is Denied</h1>
A leading South Korean insurance firm has rejected a claim from the cryptocurrency exchange Youbit, which was seeking a $2.8 million payout following a hack in December 2017 that caused it to declare bankruptcy.
<h1>Bitfinex Weighs Move To Switzerland</h1>
Bitfinex is reportedly considering a pivot to Switzerland.
<h1>Bitfinex Weighs Move To Switzerland</h1>
Bitfinex is reportedly considering a pivot to Switzerland.
<h1>No Registered Alternative Trading System Hosts Cryptocurrencies, Says SEC’s Redfearn</h1>
On Thursday, the SEC’s director of trading and markets stated that no registered exchanges or alternative trading systems (ATSs) currently support cryptocurrency trading. This is despite at least one company’s interest in trading digital assets through an ATS.
<h1>Upbit Launches Cryptocurrency Index While Parent Company Dunamu Invests $92 M In Blockchain</h1>
Local media is reporting that South Korean FinTech company Dunamu is investing big into blockchain development and startups. Meanwhile, the exchange owned by Dunamu, Upbit, announced it has developed a cryptocurrency index.
<h1>TMX’s Shorcan Announces Cryptocurrency Brokerage Services for Q2 2018</h1>
Parent company to the Toronto Stock Exchange and Canadian Derivatives Clearing Corporation announced a cryptocurrency brokerage service.
<h1>bitARG Exchange Tokyo Denies Reports Of Purchase By Yahoo! Japan Subsidiary</h1>
On Friday, several media outlets reported that Yahoo! Japan planned to acquire an ownership stake in bitARG Exchange Tokyo Co. Ltd. However, on its website, bitARG said that while it is studying potential partnerships, the exchange has not taken any action at this time.
<h1>Binance CEO Denies Reports Of Planned Japanese Action Against The Exchange</h1>
The founder and CEO of Binance has hit back over reports that Japan’s financial watchdog will soon warn the exchange to halt its operations there.
<h1>Coinbase Bug Allowed Users To Fund Wallets With Virtually Unlimited Ether</h1>
Disclosed today, an exploit in Coinbase contracts allowed users to fund wallets with potentially unlimited amounts of Ether. Dutch researchers discovered the flaw, furnishing it to Coinbase in January.
<h1>Korean Authorities Raid Three Cryptocurrency Exchanges</h1>
Korean officials have visited the premises of three digital asset exchanges where staff are suspected of illegally taking possession of customer funds in order to buy virtual currency for themselves.
<h1>Winklevoss Twins Propose Virtual Commodity Association SRO</h1>
On Tuesday, Cameron and Tyler Winklevoss proposed the Virtual Commodity Association, which would be an important first step toward self-regulation by major players in the cryptocurrency industry. The CFTC has been calling for such self-policing and applauded their initiative.
<h1>Bittrex Publicizes Ban On Users From Five Countries and Regions, Cites US Law</h1>
The virtual currency exchange Bittrex has explained that its services are not available to users located in North Korea, Iran, Crimea, Syria, and Cuba.
<h1>Japan’s FSA-Approved Cryptocurrency Exchanges To Form Self-Regulatory Body</h1>
Sixteen regulator-approved cryptocurrency exchanges in Japan will form a self-regulatory organization, and others are expected to join later.
<h1>Kraken Alerts Customers To Halt Of SWIFT, SMBC Account Services</h1>
Kraken said it will give users several weeks to adjust to changes following news that the exchange will close SWIFT and SMBC accounts.