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Washington-Based Bittrex Lists USD Trading Pairs after Landing Banking Partner

Prominent US cryptocurrency exchange Bittrex will offer USD trading pairs to customers in select states now that it has found a banking partner, the firm announced on Thursday. Bloomberg reports that the Seattle-based exchange has signed a banking agreement with New York-based financial institution Signature…

BitBay: Bye Bye Poland, Hello Malta

BitBay, one of Europe’s largest cryptocurrency exchanges, has officially announced the suspension of all company activity in the country of Poland. As a result, the exchange will take its name and operations to a new supplier in the famously cryptocurrency-friendly Republic of Malta’s jurisdiction.  One…

Cryptocurrency Exchange Huobi Expanding to Brazil: Report

Major cryptocurrency exchange Huobi is reportedly expanding its operations to Brazil, as the exchange is said to be marketing its platform in the country, while attempting to hire regional staff after setting up a workspace in São Paulo. According to local news outlet Portal do…

Bitbay Exchange Moves to Malta After Last Polish Bank Stops Service

Hostile or just overly cautions countries keep losing cryptocurrency-related businesses to more attractive jurisdictions, along with the jobs and tax money that go along with them. The latest example comes from Poland, which Bitbay has been forced to leave for Malta. Also Read: Dominance of Big…

Oldest Bitcoin Exchange to Launch New Platform In June

BTCC Exchange, the world’s oldest Bitcoin exchange has announced an upgraded platform next June. At launch, the operator will support trading of a limited number of cryptocurrency pairs and offer zero trading fees for the first three months. BTCC Exchange to Launch New And Enhanced…

World’s Oldest Bitcoin Exchange BTCC is Launching a New Platform in June

Chinese cryptocurrency firm BTCC has announced plans to introduce an upgraded new exchange platform in June with support for currencies including bitcoin, ethereum, bitcoin cash and litecoin at launch. Hong Kong-based BTCC has confirmed an upcoming launch of a new and upgraded ‘BTCC Exchange’ next…

Poloniex Breaks Promises, Forces KYC on Legacy Account Holders

Goldman Sachs-tied cryptocurrency exchange Poloniex is now giving legacy account holders 14 days to comply with new KYC restrictions, while failing to honor promises made in December 2017.  Who Are You? Poloniex, a US-based cryptocurrency exchange platform owned by Goldman Sachs-backed finance company Circle, has…

Korea’s Biggest Cryptocurrency Exchange Bans Trading in 11 Countries

Citing money laundering concerns, South Korean cryptocurrency exchange Bithumb has banned trading in 11 countries including North Korea, Iran, Iraq. In an announcement on Monday, the exchange said it will comply with global anti-money laundering norms by blocking all transactions of residents in jurisdictions belonging…

South African Investment Firm Sygnia to Launch Cryptocurrency Exchange

Sygnia Asset Management, a major investment firm in South Africa, has announced that it will launch a cryptocurrency exchange later this year. Regional business news outlet BusinessTech reports that the firm, which currently has R180.6 billion ($14.5 billion) in assets under management (AUM), plans to…

Crypto Exchange Kraken Hires Bush Administration Prosecutor as General Counsel

San Francisco-based cryptocurrency exchange Kraken has hired a former federal prosecutor appointed by President George W. Bush to serve as its general counsel. Business Insider reports that the exchange, eighth-largest in the world with a daily volume of just under $350 million, has hired Mary…

Zimbabwe Court Lifts Central Bank’s Banking Ban on Bitcoin Exchanges

The Harare High Court has lifted a ban by the central bank which barred all banks and financial institutions from offering services to cryptocurrency exchanges. The Reserve Bank of Zimbabwe (RBZ) failed to appear for court proceedings in a case in which Zimbabwe crypto exchange,…