Huobi, a major cryptocurrency exchange, announced the public testnet launch of its open-source decentralized finance (DeFi) blockchain, Huobi Chain, on Feb 29. Its aim is to provide a regulatory-friendly framework for financial services companies to deploy applications in a variety of finance-related sectors. Huobi Chain incorporates a flexible governance model that supports both regulators and […]
The Japan Virtual Currency Exchange Association (JVCEA) – the official self-regulatory organization for the crypto industry in Japan – announced on 2nd March 2020 that three additional companies have just registered as second-class members. Coinbase, Digital Asset Markets, and the Tokyo Hash have registered as reported by the JVCEA. Second-class members with the agency can […]
Switzerland’s leading stock exchange, SIX Swiss Exchanges, has announced a partnership with Omniex – a San Francisco based firm that develops trading platforms designed for institutional investors targeting the crypto-asset markets. According to a Feb 25 press release published by SIX Group, the partnership will provide the firm and its clients with a gateway to […]
Cryptocurrency exchange Gemini is working with its regulators to support trading of Filecoin, the firm said in a blog post on Tuesday. The New York-based exchange said its custody unit would support the asset to start. The launch of the cryptocurrency’s mainnet is tentatively slated for sometime between mid-June and mid-July, as per the report […]
Zhang Jian, the founder of Chinese crypto exchange FCoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it owes users. According to Zhang, the exchange hasn’t been hacked and isn’t an exit scam. But evidence suggests it might be […]
Binance’s newly released Binance Cloud platform might be somewhat different from what the crypto industry expects the new feature to be. After Binance founder and CEO Changpeng Zhao (CZ) first hinted at the introduction of Binance Cloud on Feb 8, the new service has been officially released on Feb 17. It targets users willing to […]
Crypto exchange OKEx launches its non-custodial or decentralized exchange (DEX) – OKEx DEX – in test mode today. The DEX runs on OKEx’s native blockchain network, OKChain, a testnet of which went live today. According to the media, the testnet has been delayed by over six months. Earlier it was scheduled to get launched last […]
Zebpay, the crypto exchange platform, is returning to India more than a year after closing down local crypto exchange operations due to the banking ban imposed by RBI. Under a new leadership team, the exchange has also revealed many upcoming new services, including a crypto-to-crypto exchange. It will also support a way for users to […]
New Singapore law has come into force today. It requires all crypto firms and businesses operating in the country to get registered and licensed. Singapore Payment Service Act was first passed in early January 2020 and is enacted now. The Monetary Authority of Singapore (MAS) announces the news on Tuesday. According to the act, it […]
Uzbekistan is preparing for a crypto tax exemption with a new presidential decree. The draft document published recently also includes proposals for the establishment of a blockchain valley. Again, it is also describing the licensing regime for cryptocurrency miners. The country has just released its first licensed crypto exchange. Crypto Tax Exemption Now in Uzbekistan […]