Category: Cryptocurrency

bitmex investigation
October 09, 2020 BY Steffy Bogdanova

BitMex announce leadership changes following criminal charges

Ben Radclyffe, who serves as commercial director, will have enhanced responsibility for client relationship handling and oversight of financial products. With 20-year background in finance and trading technology, he joined the company in March 2020, having worked at Deutsche Bank, UBS and Tower Research Capital. David Wong, Chairman of 100x Group, commented: These changes to…

Read more
FCA bans sale of crypto-derivatives to retail consumers
October 06, 2020 BY Steffy Bogdanova

FCA bans crypto derivatives sale to retail consumers

The FCA said: Unregulated transferable cryptoassets are tokens that are not ‘specified investments’ or e-money, and can be traded, which includes well-known tokens such as Bitcoin, Ether or Ripple. Specified investments are types of investment which are specified in legislation. Firms that carry out particular types of regulated activity in relation to those investments must…

Read more
Japan
September 21, 2020 BY Steffy Bogdanova

Crypto exchange Kraken returns to Japan

Kraken made its exit from the Japan market in 2018 so that it can refocus its resources on other markets that were growing exponentially at that time. The crypto exchange has been preparing for re-entering Japan for two years. In that period, the company established a Tokyo-based subsidiary, Payward Asia and built internal governance and…

Read more
CFTC
September 15, 2020 BY Steffy Bogdanova

CFTC charges 4 men with Bitcoin fraud

The defendants also mislead customers that their earnings would increase based on the amount of their deposits. The clients were also falsely promised a bonus for referring others, in the form of a multi-level marketing scheme. The defendants caused misleading trading statements to be posted online to conceal their fraud. The CFTC stated that the…

Read more
Cryptocurrency platform Ziglu launches P2P payments for crypto and fiat currencies
September 07, 2020 BY Steffy Bogdanova

Cryptocurrency platform Ziglu launches P2P payments for crypto and fiat currencies

Customer’s digital assets are insured against cyber-attacks, up to the value of £50,000 and fiat currencies are safeguarded in a segregated account with the Ziglu platform. With P2P payments, personal information is kept private, providing greater security and peace of mind. Mark Hipperson, Ziglu Founder and Chief Executive Officer said: Paying people should be instant,…

Read more
partnership
September 03, 2020 BY Steffy Bogdanova

Gold-i and Zero Hash partner for centrally settled crypto offering

Ed Tolson, CEO, Kbit said: The Gold-i and Zero Hash partnership is a powerful combination that allows Kbit to seamlessly make our liquidity available to institutions that wish to add cryptocurrency offerings to their platform. With the combination of Gold-i and Zero Hash, clients can access our liquidity across a broad range of cryptos via…

Read more
Gate.io
September 03, 2020 BY Steffy Bogdanova

Gate.io teams up with Travala for integration of GateToken payments

Lin Han, Gate.io CEO commented: The Gate.io-Travala partnership brings us one step closer to our combined vision of mainstream cryptocurrency adoption. We are excited to join forces with Travala and enable millions of users to benefit from our strong tech-driven ecosystem. GateToken (GT), an integral part of the Gate.io ecosystem, is already being used by…

Read more