Kraken, a crypto exchange has acquired Crypto Facilities in an expensive large scale business deal of nine-figure deal. Crypto Facilities is a top crypto derivatives trading operation headquartered in London under the United Kingdom’s Financial Conduct Authority (FCA). Crypto Facilities made the way for regulated bitcoin, ether, XRP, litecoin and bitcoin cash futures.
The CEO cryptocurrency exchange, Binance, Changpeng Zhai has shared his predictions that Amazon will have to issue its own cryptocurrency sooner or later. In his official Twitter account, “For any internet (non-physical) based business, I don’t understand why anyone would not accept crypto for payments. It is easier, faster and cheaper to integration than traditional payment gateways.”
The founder of a cryptocurrency exchange based in Canada named QuadrigaCX, Gerald Cotton have passed away and was said to be the only person who knew the vital password which kept $190 Million of customer’s money. Cotton’s wife then confirmed that some of the user’s fund has been kept in a “cold wallet” that isn’t connected to the internet.
The Seven crypto exchanges will now able to access the financial surveillance technology provided by Nasdaq, of the seven only two named publicly: Gemini and SBI Virtual Currency. Tony Sio, Nasdaq’s head of exchange and regulator surveillance team said “The objective that we’re trying to work with crypto, is we see this as a growing asset class.”
The parent company of the New York Stock Exchange (NYSE) of has entered into partnership with blockchain firm Blockstream to launch its Cryptocurrency Data Feed. It’s aimed at providing true price discovery of the cryptocurrency markets, the feed also offers a number of crypto asset monitoring services, historic data, full-depth market by price and daily summaries.
Belarus has recently launched its first licensed cryptocurrency exchange at the Minsk’s High Technology Park (HTP). The launching of the cryptocurrency exchange has officially become the first blockchain business in Belarus ever to get a license to operate on presidential decree “On Digital Economy” that have been imposed since the last March 2018.
South Korea’s cryptocurrency exchange, Upbit is launching its trading operation in Indonesia and celebrated with the airdrop of 250k ICON (ICX) tokens. The CEO of Upbit in Jakarta said, “The existing positive ecosystems and the potential and development of crypto-assets in Indonesia, we are optimistic that Indonesia will play a leading role in the Upbit expansion strategy in Asia-Pacific.”
The Gemini cryptocurrency exchange has recently undergone security compliance and data protection audit. The Head of marketing of Gemini, Chris Roan explained, “We believe that investors coming into cryptocurrency deserve the exact same protections as investors in more traditional markets, adhering to the same standards, practices, regulations and compliance protocols.”
A Ukraine-based crypto-exchange, Liqui has announced that they’re going to shut down its operation and services and will not be able to provide liquidity for trading purposes on the platform. It has made it clear in their recent announcement, “We gave you the right to decide whether you want to be with us in our Crypto Exchange journey by accepting the changes.”
ProBit Korea has successfully launched a Korean Won Fiat Exchange which allows its users to purchase cryptocurrency directly using Korean Won (KRW). Users who have already registered at ProBit are able to move their digital asset stored between ProBit and ProBit Korea and rewarded with some benefits such as multiple rounds of airdrops, trading fee discounts.