Qurrex came out with an innovative idea to become the first hybrid cryptocurrency exchange and dive into the market to attract traders. Qurrex seems to be a promising cryptocurrency exchange that posed to be the future of cryptocurrency trading.
CEO of Bitpanda Eric Demuth gave his opinion in standardizing the regulations for bitcoin just like the regulations implemented for gold. In an interview with Bloomberg, he believed that standard regulations for Bitcoin just like gold would improve the chance of similar company as Bitpanda to thrive in the market.
The Chief Executive Officer, Oscar Darmawan has the vision to have 1.5 million members buying and selling in their platform, Indonesia Digital Asset Exchange by the end of this year. According to Darmawan, they are receiving almost 3,000 new members to their exchange every day and most trading made by people are in bitcoins.
A pilot programme for a new developing cryptocurrency in UAE jCash has been signed by the chairman of The Seed Group Sheikh Saeed Bin Ahmed Al Maktoum and Jibrel Network. Reported, the jCash will be storing and transferring assets to Ethereum Blockchain due to its decentralized design.
Xiaomi has uncovered its own CryptoBunnies called the Jiami Tu. The users can hold virtual rabbits through their Xiaomi accounts. All the CryptoBunnies were all adopted by the users within an hour of commencement of the service. Xiaomi would be issuing the virtual pet on all days from 11 am Beijing time.
Circle has unveiled Circle Invest, the digital investment and storage app. The app has been released on Apple’s App Store and Google Play Store. It is extended to 46 states. The app enables the users’ trade in Bitcoins, Ethereum, Bitcoin Cash, Ethereum Classic and Litecoin by linking their bank accounts for immediate deposits. The app entitles ‘commission-free trading.’
A recent study revealed by regional Publication Yonhap that the South Korean youngsters are the most active cryptocurrency investors. According to the survey findings, “around 22.7 percent of the respondents were in their twenties and are very “active” within the cryptocurrency ecosystem.”
The Binance crypto exchange has announced the launch of a public blockchain to unveil a new decentralized exchange. The exchange aims to bring out ‘Binance Chain’ and has exposed in its statement, “Centralized and Decentralized exchanges will co-exist in the near future, complementing each other, while also having interdependence.”
Cryptocurrency and money laundering issues will be brought up by the Japanese Authority in the G20 conference next week. According to the official, “Discussions will focus on anti-money laundering steps and consumer protection, rather than how cryptocurrency trading could affect the banking system.”
Square, the digital payments company, seeks to receive BitLicense in order to integrate Bitcoin trading facility in its Cash App for users from New York. The company did not respond when asked if it had written to the BitLicense. Presently, the Cash App is accessible by users in Wyoming.