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Users Call Revolt As Bitfinex Demands Tax Information

Cryptocurrency users are reacting after exchange Bitfinex has told traders they must confirm their tax status in order to use its services. Bitfinex: We Need Tax Info By May 24 In a message to account holders, Bitfinex, which is registered in the British Virgin Islands…

Bitcoin Legitimized in EU Following New KYC Regulations

Bitcoin is set to find new legitimacy in the European Union as member states agreed to force cryptocurrency exchanges within its jurisdiction to collect identification data on their users in an effort to prevent money laundering.  Legitimizing Bitcoin and Cryptocurrency in the EU Both cryptocurrency…

Cryptocurrency Exchange Kraken Will “Probably” Pursue SEC Registration

San Francisco-based cryptocurrency exchange Kraken will “probably” register with the US Securities and Exchange Commission (SEC) as a broker-dealer and an alternative trading system (ATS), the company’s chief executive said on Tuesday. “We would probably get registered as a broker-dealer and then an ATS,’’ Kraken…

Bitcoin Price Will See $50,000 By End of 2018, Says BitMEX CEO

Arthur Hayes, the CEO of BitMEX, predicts that bitcoin will reach the $50,000 mark by the end of this year. Appearing on CNBC’s Fast Money, the former Citigroup and Deutsche Bank executive also spoke on volatility and the dominance of Asian retail traders in the…

NASDAQ-Powered Cryptocurrency Exchange Platform to Launch in June

DX.Exchange, a NASDAQ-powered cryptocurrency exchange platform is set to launch in June 2018. DX becomes the latest in a slew of crypto exchange services as the digital currency market continues to mature. The platform hopes to offer a robust ecosystem for OTC derivatives and crypto…

Moldova with New Crypto Exchange and a Token

Cryptocurrencies have been steadily gaining popularity in Moldova, a former Soviet republic that is economically and politically on a crossroad between East and West. The local crypto community has recently announced developments reflecting this trend – a new exchange and a new token have been…

Bithumb a ‘Primary Target’ in South Korea’s Crypto Exchanges Probe

South Korean authorities continue to send mixed signals as the Financial Services Commission broadens the scope of its probe into domestic cryptocurrency exchanges with Bithumb being the “primary target.” Auditing Exchanges As reported by The Korea Times, South Korea’s Financial Services Commission (FSC) is broadening…

CME Group Paves Way for Regulated Ethereum Futures with New Pricing Index

CME Group, one of the world’s largest derivatives exchange operators, is taking steps that will prepare it to eventually list an ethereum futures product. The Chicago-based exchange announced on Monday that it has partnered with a group of large cryptocurrency exchanges to create an Ether…

Bitcoin Price Historically Surges With Consensus Conference, Data Shows

The fourth annual Consensus conference, Bitcoin’s biggest event of the year, begins today, May 14, 2018. Will bitcoin price surge once again during the event as it has in previous three years? RELATIONSHIP BETWEEN BITCOIN PRICE AND CONSENSUS A look at the previous three Consensus Conferences…