An over-the-counter cryptocurrency trading platform has been launched by Coincheck to cater to the large transactions activity from 50 btc. The confirmation for the launching of Coincheck OTC was made public in the company’s official blog made it clear that the only bitcoin is supported at this time and soon to add more crypto in the future.
A cryptocurrency exchange based in Japan has resumed the deposits and trading of Ripple’s XRP and Factom (FCT) altcoins. The Coincheck has also announced that the users can deposit and trade XRP and FCT altcoin on the platform. Coincheck has also resumed the trading and deposits for all cryptocurrencies that were offered before the hacking incident.
Monex Group, the owner of Coincheck exchange, has planned to open crypto trading platform in the United States. It is reported that the company plans to open TradeStation Crypto Inc as a subsidiary to the TradeStation. It was acquired by Monex during 2011. The CEO of Monex also expressed that the Coincheck exchange would begin operations in the next month.
Due to its recent major hacking incident happening earlier this year, a Japanese cryptocurrency exchange has announced to delist four cryptocurrencies reasoning that they are ‘less traceable.’ They are Monero, Zcash, Dash, and Augur. The exchange is aimed at complying with the regulatory measures laid down by Financial Services Agency (FSA).
A Japan-based cryptocurrency exchange that was affected by the major cryptocurrency hack early this year has planned to make a comeback after losing approximately $500 million worth of cryptocurrencies. According to the CEO of Monex, Oki Matsumoto, he was expecting the exchange to have its secured official license to operate in the country by June.