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Bitcoin Exchange

Korean Crypto Giant Bithumb Eyes Japan and Thailand for Expansion

South Korean exchange Bithumb has announced that it will open new offices in Japan and Thailand. According to local news outlet ZDNet, Bithumb is awaiting the approval of Japanese Financial Services Agency (FSA) and Thai Securities and Exchange Commission (SEC). Cryptocurrency Regulations in Japan & Thailand Bithumb explained that it chose Thailand because the e-commerce and fin-tech The post ...
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Chilean Court Orders State-Owned Bank to Re-Open Bitcoin Exchange Orionx’s Account

The Fourth Chamber of the Court of Appeals of Santiago has recently ruled that state-owned Banco Estado has to re-open the account of bitcoin exchange Orionx, after it seemingly illegally shut it down. As CCN covered, earlier this year Chilean banks Itau Corpbanca, Bank of Nova Scotia, and state-owned Banco Estado shut down the accounts The post Chilean Court Orders State-Owned Bank to Re-Open Bit...
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All Crypto Exchanges in South Korea Meet New Requirements, New Money to Come in

The South Korea Blockchain Association has approved 12 crypto exchanges including Bithumb and UPbit over the past week, of having adequate security measures and internal management systems in place. Various local publications reported that Bithumb, UPbit, Gopax, OKCoin Korea, Korbit, Coineone, CoinZest, CPDAXX, HanbitKor, Huobi Korea, and NeoFrame, and DexKor were approved by the South The post Al...
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Canadian Cryptocurrency Exchange Coinsquare Plots Asian Expansion

Canada-based cryptocurrency exchange Coinsquare is plotting a major expansion into Japan as it prepares to go public later this year. The exchange, headquartered in Toronto, announced this week that it had formed a partnership with DLTa21, a “global blockchain investment bank,” to launch a centralized cryptocurrency exchange in Japan. Coinsquare, which operates Canada’s third-largest cryptocurrenc...
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Coinbase App Loses Popularity During Bitcoin Bear Cycle

The largest cryptocurrency brokerage and wallet has been freefalling in popularity ever since Bitcoin became old news. Not too long ago, everyone’s favorite question was, “Do you have a Coinbase account?” It was as popular as being on Facebook, back then. That one single detail separated those of us who knew what was going on The post Coinbase App Loses Popularity During Bitcoin ...
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Bitcoin Prices Broaches $9,000 on Crypto Exchange WEX; Critics Cry Foul

The bitcoin price has been largely flat on Wednesday, rising approximately one-half-of-one percent on the global markets. At one Singapore-based exchange, however, the flagship cryptocurrency is soaring by thousands of dollars — and critics are sounding the alarm. The exchange in question is World Exchange Services, better known by its acronym, WEX, where the bitcoin The post Bitcoin Prices ...
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Philippine Central Bank Approves Two New Cryptocurrency Exchanges

The Bangko Sentral ng Pilipinas (BSP) has approved the accreditation of two new virtual currency exchanges, bringing the total number of regulated crypto exchanges in the country to five. In a statement released by Deputy Governor Chuchi G. Fonacier, the BSP announced that it has granted operating approval to Virtual Currency Philippines, Inc. and ETranss to The post Philippine Central Bank Approv...
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Interview: David Sapper, CEO of Aussie Crypto Exchange Blockbid

CCN reported in June that Australian blockchain startup Blockbid pioneered a new risk management and identity verification system that substantially reduces the risk of identity fraud. Using data aggregated from a 1.4 billion-strong identity database held by ThreatMetrix with a LexisNexis database of potentially high risk identities, the service establishes customer identities so as to The post In...
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Huobi-Linked Cryptocurrency Exchange HBUS Launches in U.S. Market

Huobi-linked cryptocurrency exchange HBUS has formally opened for business in the U.S., providing one of the world’s largest crypto companies with a foothold in yet another major global market. Though not formally operated under the Huobi brand, HBUS is a “strategic partner” of the Singapore-based Huobi, which already controls the world’s fourth-largest cryptocurrency exchange. “Our The post Huobi...
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$1 Billion: Cryptocurrency Exchange Binance Eyes Record Profits in 2018

Bear market? What bear market? That’s the attitude at Binance, the world’s largest cryptocurrency exchange, which expects to rake in between $500 million and $1 billion in net profit during 2018. Binance CEO Changpeng Zhao revealed this bullish target during an interview with Bloomberg, highlighting the whirlwind pace at which the exchange has grown since The post $1 Billion: Cryptocurrency Exchan...
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