Author Archives: creative

Mexican State Bank Announces Stricter Rules for Crypto Exchanges

Mexican banks that provide crypto services and crypto exchanges must now apply for permits with the Bank of Mexico in order to legally carry out their operations. All crypto exchanges and banks providing crypto services in Mexico will now be obliged to receive a permit from the Bank of Mexico (Banxico), according to a September 10 circular published in the official daily of the Mexican government, the Diario Oficial de la Federacion. The letter called “General provisions on operations related to electronic payment funds” states that Banxico […]

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Hong Kong Jewelry Retailer to Use Blockchain Platform for Tracking Diamonds

Hong Kong-based diamond retailer Chow Tai Fook Jewellery Group has put some of its gems on a blockchain platform to track their origin and authenticity. Hong Kong-based jewelry retailer Chow Tai Fook Jewellery Group will start to use a blockchain platform to track diamonds, the South China Morning Post reported September 12. Chow Tai Fook has reportedly put some of its diamonds on a blockchain platform developed by blockchain startup Everledger and secured by the IBM Blockchain Platform. This will reportedly enable the retailer’s customers to ascertain […]

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Crypto Exchange Offering CFTC-Regulated Derivatives Raises $15 Million in Funding Round

Institutional crypto exchange Seed CX has raised $15 million in a funding round led by Bain Capital Ventures. Boston-based alternative investment firm Bain Capital Ventures has led a $15 million funding round for an institutional cryptocurrency exchange Seed CX, according to an official announcement published September 12. Seed CX is a Bain Capital Ventures backed, licensed digital asset exchange for both spot market and U.S. Commodities and Futures Trading Commission(CFTC)-regulated derivatives. Per the announcement, Seed CX’s total funding has reached more than $25 million following the latest […]

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Crypto Exchange OKCoin Expands Trading to 20 More U.S. States

Crypto exchange OKCoin has expanded its trading platform into 20 more U.S. states, and is planning further expansion. Digital currency exchange OKCoin has announced its expansion of token-to-token trading into twenty new U.S. states, according to a statement published September 12. Per the announcement, OKCoin has extended trading services to the states of Alaska, Arizona, Colorado, Idaho, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, Tennessee, Texas, Utah and Wisconsin. Jim Nguyen, Vice-President of Marketing at OKCoin, stated in the blog post […]

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Huobi ‘Aggressively’ Enters Japanese Market With Plans to Become the Largest Exchange

Crypto exchange Huobi is entering the Japanese market by acquiring a majority stake in one of the 16 government-approved crypto exchanges in the country. The company says it plans to “aggressively scale this trading platform into the largest in Japan,” with an eye on global expansion in the future. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Huobi Entering Japanese Market Huobi is expanding into the Japanese market by acquiring a majority stake in Bittrade, a Japanese government-approved crypto exchange. Bittrade’s owner announced on […]

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SHOULD YOU BE BULLISH ON CRYPTO IN BEAR TIMES??

SHOULD YOU BE BULLISH ON CRYPTO IN BEAR TIMES?? BRAND NEW UDEMY COURSE – Find out my Biggest Investment ever: https://www.udemy.com/cryptocurrency-investing/?couponCode=CRYP10 NEW BITDEGREE COURSE: https://www.bitdegree.org/course/cryptocurrency-project-opportunity-of-20182019 Want to attend my talk on Monday 18th June? Buy a ticket at http://bef.latoken.com/ and use the code ‘SUPPOMAN’ NEW BITDEGREE COURSE: https://www.bitdegree.org/course/cryptocurrency-investment-opportunity NEW NO1 ICO COURSE: https://www.udemy.com/blockchain-course/?couponCode=NO1ICO NEW ICO 2018 COURSE! https://www.udemy.com/cryptocurrency-ico/?couponCode=ICOS10 Cryptocurrencies Trading Course 2017 for Just $10! https://www.udemy.com/cryptocurrencytrading/?couponCode=TRAD10 Ultimate Cryptocurrency Wallets Course for just $10 here: https://www.udemy.com/cryptocurrency-wallet/?couponCode=CASH10 Learn which Crypto I have gone ALL IN on for $10 instead […]

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Cash to Crypto Trade Blooming in Moscow, Reports Say

Buying cryptocurrency in Russia these days increasingly means parting with fiat cash, be it Russian rubles or American dollars. According to numbers quoted by local media, the 24-hour market turnover, just in Moscow, reaches a staggering $50 million dollars on peak days. Some say the cash-crypto trade resembles the wild-wild-east street forex of the 90s, while others claim that if it’s not prohibited then it’s allowed.       Also read: Ukrainians Advised to Pay 19.5% Tax on Crypto Incomes Multi-Million Cash Market for Crypto in the Capital Last […]

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India Approves MOU on Joint Blockchain Research with BRICS Members

The Indian government has approved an MOU on the joint research of blockchain technology application under the BRICS Interbank Cooperation Mechanism. The Union Cabinet of India has approved a Memorandum of Understanding (MoU) on the collaborative research of distributed ledger technology (DLT), local news outlet ANI reported September 12. The Union Cabinet is the supreme decision-making body in India consisting of cabinet ministers and led by the prime minister, Narendra Modi. The MOU, which is a cooperative initiative under the BRICS Interbank Cooperation Mechanism, aims to foster […]

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Mt. Gox Opens Rehabilitation Filing System to Corporate Clients

Corporate customers tangled up in the aftermath of Mt. Gox’s historic hack can finally file for reparations. The now-defunct Japanese bitcoin exchange opened up its claim filing system to corporate users this Wednesday, September 12, 2018. Previously, the system was open only to non-corporate individuals as of August 23, 2018, but with today’s announcement, any entity that lost funds to the exchange can now file for rehabilitation claims. Creditors have until October 22, 2018, to file for rehabilitation, after which point they will be disenfranchised. Established by […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 12

U.S. financial regulators are watching crypto companies with increased scrutiny, helping rebuild investor confidence in the industry. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Financial regulators are watching companies involved in the cryptocurrency industry with increasing scrutiny. On September 11, the U.S. Securities and Exchange Commission (SEC) […]

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