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CME Group posts 950% hike in bitcoin futures trading
08 April, 2019 11:20

CME Group posts 950% hike in bitcoin futures trading

The leading exchange for derivative trading – CME Group – has posted soaring bitcoin-futures trading over the past few days, which is related to increasing asset prices. The figures reportedly hiked by 950%. Bitcoin futures trading at the platform reaching 22,542 on April 4. Transactions of cryptocurrency derivatives exceeded $563 million when bitcoin was quoted at $5,000.

Bitpanda becomes licensed payment service provider in EU
05 April, 2019 18:17

Bitpanda becomes licensed payment service provider in EU

Vienna's cryptocurrency company – Bitpanda – reportedly become able to provide payment services once it obtained corresponding approval by the financial regulator in Austria. The document was granted by the Austrian Financial Authority (FMB) in line with the Payment Services Directive 2 (PSD2) effective in the EU now.

Missoula County regulation: crypto miners must use renewable energy
05 April, 2019 17:04

Missoula County regulation: crypto miners must use renewable energy

Cryptocurrencies miners in Missoula County (Montana, USA) have reportedly faced new regulation that was approved by the state authorities. The Missoula County Board of Commissioners during the recent meeting voted for amendments to the current rules covering cryptocurrency miners. Specifically, it was decided to launch a 1-year emergency interim zoning regulation for the mining companies.

Deconomy: CEO Binance comments on location selection approach and platform in Singapore
05 April, 2019 14:40

Deconomy: CEO Binance comments on location selection approach and platform in Singapore

Changpeng Zhao, CEO of Binance exchange has commented on the principles and criteria followed by the exchange while selecting a potential location for crypto-to-fiat platforms as well as provided more information regarding the launch of the Singapore-based exchange.

Seoul can revise its cryptocurrency regulation policy
05 April, 2019 12:42

Seoul can revise its cryptocurrency regulation policy

South Korean authorities expressed intentions to revise the existing requirements to the cryptocurrency market. At the Deconomy conference held in Seoul this week, some Korean officials, including Chairman of the National Meeting said that there is a strong need to make a reassessment of the governmental approach to the cryptocurrency policy citing the need for providing the support to this segment.

New blockchain association arises in EU
04 April, 2019 18:12

New blockchain association arises in EU

On April 3, a new blockchain association appeared in Europe with about 100 EU organizations, including such giants as IBM, SWIFT, Ripple. The initiative will be aimed at the promotion of blockchain technologies in the EU.

US dollar getting stronger in second half of week
04 April, 2019 17:26

US dollar getting stronger in second half of week

The US dollar is gaining grounds vs the majors on the upcoming meeting between the US President Donald Trump and China's Vice Premier Liu He. The parties are expected to hold a meeting in the White House on Thursday. Today, the US Dollar index reported gained about 0.2% during the trading session.

NZ Cryptopia shares with some progress in restoring operations
04 April, 2019 15:42

NZ Cryptopia shares with some progress in restoring operations

New Zealand's cryptocurrency exchange Cryptopia has revealed some new information about the progress achieved in the restoration of the assets after the January hack. The company keeps working on the complete resumption of its operations. 

Nordic Growth Market reportedly lists crypto-based ETPs
04 April, 2019 14:00

Nordic Growth Market reportedly lists crypto-based ETPs

Sweden's branch of the top-2 stock exchange in Germany Boerse Stuttgart Group, Nordic Growth Market has reportedly launched trading of crypto-based ETP's. There are four products offered at the platform – XRP and LTC-based ETPs (50/50), which were launched by XBT Provider.

SEC FinTech hub unveils possible guidelines for crypto token classification
04 April, 2019 12:31

SEC FinTech hub unveils possible guidelines for crypto token classification

The US financial regulator Securities and Exchange Commission has released its new guidelines for the companies that are going to issue crypto tokens. In fact, these guidelines are believed to become unofficial rules that should be used to determine whether the tokens are classified as securities.

Jamaica Stock Exchange plans trials of crypto trading
03 April, 2019 18:03

Jamaica Stock Exchange plans trials of crypto trading

The Jamaica Stock Exchange has announced trials of trading of bitcoin and Ethereum following the Master Agreement signed with Canada's Blockstation company. The exchange will offer trading services for both cryptocurrencies and security tokens in the regulated environment and thus will become one of the first exchanges that will provide such services in the world.

EY Fourth Report: QuadrigaCX should declare bankruptcy
03 April, 2019 14:52

EY Fourth Report: QuadrigaCX should declare bankruptcy

The Big Four auditing company Ernst & Young has released the Fourth Report regarding Canadian cryptocurrency trading platform QuadrigaCX that was hacked and fell into long-lasting investigation process. EY being appointed by the court as the auditor for the hacked exchange in the report stated that the company should launch the bankruptcy procedure. The auditor cited that this scenario would be more appropriate for the creditors of the platform rather than the ongoing restructuring.