Bithumb Launches Voting Platform to Screen New Cryptocurrencies

Major South Korean cryptocurrency exchange Bithumb has beta launched a public voting system for screening new coins to be listed on its exchange. The platform, Pickthumb, aims to boost transparency and fairness in Bithumb’s listing process. Five coins are currently being evaluated with the current voting round ending in nine days. Bithumb’s Voting Platform One…

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LCX Now Licensed to Provide Crypto Trading Services in Liechtenstein

Liechtenstein cryptocurrency exchange LCX has been granted a license to provide crypto trading services for utility and payment tokens. The exchange will be offering four main crypto services including a custody service and a fiat-to-crypto exchange in partnership with Binance. A Regulated Exchange LCX announced on Tuesday that it has been granted “a business license…

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Court Drops Charges Against Alleged Btc-e Operator Alexander Vinnik

The lawsuit against alleged Btc-e operator Alexander Vinnik for “fraud, money laundering, and other grave crimes” filed in Cyprus has reportedly been dropped. His lawyer says the case “fell apart at the very early stage” at the initiative of the plaintiffs themselves. Lawsuit Dropped The lawsuit filed in Cyprus against Alexander Vinnik has reportedly been…

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Israeli Firm Launches Three Cryptocurrency Investment Funds

An Israeli investment firm has launched two cryptocurrency funds, with a third on the way. The company’s CEO explained the funds’ three investment strategies to news.Bitcoin.com. These funds are Cayman Islands-registered, available to institutional and accredited investors. Three Funds, Investment Strategies Cryptocurrency investment firm Silver Castle has launched two cryptocurrency funds with another on the way….

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Greek Court Accused of Violating the Rights of Alleged Btc-e Operator, Postpones Hearing

The judges at the Greek supreme court have been accused of violating Alexander Vinnik’s rights. The alleged Btc-e operator has been detained in Greece since July last year. The hearing against his extradition to France has also reportedly been postponed. Rights Violation Alexander Vinnik, who allegedly operated the former cryptocurrency exchange Btc-e, has been detained…

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Swiss Crypto Exchange-Traded Product Launching Nov. 21, but It’s Not an ETF

New.Bitcoin.com has confirmed that the exchange-traded product tracking an index of five leading cryptocurrencies will start trading on Switzerland’s principal stock exchange on Nov. 21. The exchange has also confirmed that this product is not an exchange-traded fund (ETF). The country’s financial regulator, Finma, explains the differences. Differences Between ETPs and ETFs The news of…

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China Updates Crypto Ranking, Downgrades BTC Further

China’s Center for Information Industry Development has updated its ranking of 33 crypto projects, evaluated in three separate categories as well as overall. BTC has been downgraded further since the center’s previous update while EOS and Ethereum still top the overall ranking. New Ranking The China Center for Information Industry Development (CCID) announced a new…

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Venezuela Begins Public Sale of National Cryptocurrency Petro

The Venezuelan government has opened up an exchange desk for the country’s national cryptocurrency at the headquarters of the Superintendency of Cryptoassets. According to the government, investors can now purchase the petro with a number of fiat currencies and cryptocurrencies. Delegates from China have reportedly purchased some with yuan. Venezuela Starts Selling Petro On Monday,…

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Sweden’s Central Bank Looking To Develop National Digital Currency

The Riksbank is researching ways to create a secure and efficient payment platform for an e-krona. Sweden’s central bank, the Riksbank, is moving closer to issuing a central bank digital currency (CBDC). In September 2017, the bank published the first report of the E-krona Project, in which it looked at the potential for a state-issued…

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Japanese Cryptocurrency Industry to Self-Regulate After Government Approval

On Wednesday, Oct. 19, Japan’s Financial Services Agency granted the cryptocurrency industry the authority to self-regulate. The approval means that the Japan Virtual Currency Exchange Association, a coalition of several registered digital currency exchanges, can now set rules for operational requirements, consumer protection, prevention of money laundering and employee ethics. The association will also enforce compliance….

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Bakkt Bitcoin Futures to Start Trading in December

Intercontinental Exchange has announced that its Bakkt Bitcoin Daily Futures Contract will start trading on Dec. 12. Each trade “will result in physically delivered bitcoin” and will trade in U.S. dollar terms, the firm explained, adding that one contract will be listed for trading each exchange business day. Date Set for Bakkt Bitcoin Futures Intercontinental Exchange…

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Fidelity Launching Crypto Custody and Trading Services

Fidelity Investments has announced the launch of a new company dedicated to providing cryptocurrency services including custody and trade execution. The services will be available to institutional investors such as hedge funds, family offices, and market intermediaries. New Crypto Company Formed Leading financial services corporation Fidelity Investments announced on Monday the launch of a new…

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Crypto Exchange Binance Labs Pours Millions in Contentos

Cryptocurrency exchange Binance Labs has allocated millions to Contentos. Decentralized global content ecosystem Contentos has secured a multi-million dollar allocation from Binance Labs, one of the biggest digital currency exchange operators in terms of trading volume. Contentos co-founder and CEO Mick Tsai said in a statement: “The idea for Contentos began when I noticed a…

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Bitcoin Using As Much Energy As The Entire World |BITCOIN MINING| |Technology|

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Bitcoin BTC Added To Scrabble Dictionary – Cryptocurrency News Today

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4New Interview! Skycoin Update! Profitable Bitcoin Mining

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RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision

The Reserve Bank of India has filed an affidavit with the country’s supreme court in response to one of the petitions against its crypto banking ban. The central bank reportedly argues that it has acted within its power and that none of the petitioners have shown reasonable grounds for the supreme court to intervene. No…

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Chechnya to Create Mining Pool for Eurasian Economic Union Countries

Chechnya will create a Eurasian crypto mining pool, the press secretary of the head of the Chechen Republic has reportedly confirmed. The project aims to combine the resources of crypto miners from the Eurasian Economic Union countries. Chechen Mining Pool Alvi Karimov, the press secretary for the head of Chechnya, confirmed to RBC news outlet…

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China Updates Crypto Rankings, Downgrades Bitcoin

The China Center for Information Industry Development has updated its crypto rankings. The list contains 33 crypto projects, ranked overall and in three separate categories. High up in the overall ranking are EOS, Ethereum, and Bitshares. Bitcoin, however, has been downgraded. China’s Fifth Ranking The China Center for Information Industry Development (CCID), under the country’s…

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Japanese Regulators Urgently Respond to Zaif's Hack

Following the hack of Zaif, one of Japan’s regulated crypto exchanges, the country’s financial regulator immediately responded, launching an emergency inspection of the exchange and a survey of all other crypto exchanges. Finance Minister Taro Aso has also commented on the situation. In addition, the recently established self-regulatory body has asked all exchanges to inspect…

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