Category: Exchange

Kraken
March 10, 2020 BY Steffy Bogdanova

Kraken plans to expand in India as crypto ban is lifted

US-based crypto exchange, Kraken, announced its intention to grow its operation in the Indian market following the recent ruling of the country’s Supreme Court to lift the ban against banks doing business with crypto companies. Kraken growth in India was until recently hampered by the Reserve Bank of India (RBI) ban. However, the company do…

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Binance seeks to curb SEC’s hunt for “fraud”
February 19, 2020 BY Steffy Bogdanova

Global cryptocurrency exchange Binance launches cloud service

Binance Holdings Ltd., Maltese crypto trading platform, made its debut in business services by announcing its cloud operation which would allow business clients to set up their own crypto exchange. Binance’s clients will be able to use its technological infrastructure, including matching engines to risk controls and data security systems to start their own exchange.…

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GSX Group launches a digital stock exchange prototype
February 11, 2020 BY Steffy Bogdanova

GSX announces the addition of new member firms

The Gibraltar Stock Exchange (GSX) announced new additions to the member firm list including Exponential Capital & Markets Inc., Constant Capital (Seychelles) Limited, Mine Digital and Razlin Capital Limited. As an established and regulated market ecosystem, GSX offers enhanced marketability and tax efficiency for issuers and investors. The company works with tier one firms, as…

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Exclusive: Bittrex and Bitsdaq launch new crypto exchange, interview with CEO and Chairman Ricky Ng
January 20, 2020 BY Mariela Naydenova

Thai SEC awards license to cryptocurrency exchange Zipmex

Cryptocurrency exchange Zipmex, based in Singapore, has been awarded a license from the Thai SEC to start offering its services in Thailand. The information comes from The Block on January 20, 2020. Zipmex is now one of the very few crypto players in Thailand that has a license to offer its crypto trading services to…

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Kraken
January 16, 2020 BY Mariela Naydenova

Kraken acquires Australian crypto exchange Bit Trade

Kraken, one of the largest US cryptocurrency exchanges is expanding. It has completed the acquisition of one of Australia's first crypto exchanges (launched in 2013) - Bit Trade. The information comes from an official press release sent out by Kraken. According to press, Bit Trade's website will continue to operate in its usual manner since…

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Stax Inc. teams up with Coleman Research
December 31, 2019 BY Mariela Naydenova

A $69 million tax bill for Bithumb - litigation ahead

Taxes in the cryptocurrency world are not an uncommon issue. In fact, the idea of taxing cryptocurrencies and crypto exchanges has been a long standing issue for many countries around the world. However, one of the largest cryptocurrency exchanges in the world and the largest one in South Korea, Bithumb, got hit with a massive…

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December 03, 2019 BY Valentina Kirilova

WisdomTree teams up with Swissquote, launches crypto-based ETP

The NASDAQ-listed asset management company WisdomTree and online Swiss bank Swissquote Group Holding SA (SWX:SQN) have just announced that they have launched an Exchange Traded Product (ETP) investing in Bitcoin on the Swiss stock exchange SIX. The product is physically backed by Bitcoin. The product is immediately tradable at SIX for professional investors in USD (ticker: BTWC) and…

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