ABCC Exchange Partners With Tron to Become First Platform to List TRC10 Tokens

ABCC Exchange Partners With Tron to Become First Platform to List TRC10 Tokens ABCC cryptocurrency exchange has partnered with the ninth largest cryptocurrency Tron (TRX), according to a tweet posted Jan. 15. Tron’s founder and CEO Justin Sun subsequently confirmed the news on Twitter. As per the announcement, the partnership has made ABCC the first crypto exchange to list tokens…

Huobi Exchange Hires Compliance Chief From Global Bank State Street

Huobi Exchange Hires Compliance Chief From Global Bank State Street Huobi, the third largest cryptocurrency exchange by monthly trading volume, has hired a senior professional from a major U.S.-based global bank. Revealed exclusively to CoinDesk, Elaine Sun Ye Lin, former head of compliance for the Chinese branch of State Street, joined the Singapore-based exchange as a…

Danish Tax Agency to Collect User Data from Crypto Exchanges

Danish Tax Agency to Collect User Data from Crypto Exchanges The Danish Tax Agency has got the green light to collect trader information from local cryptocurrency exchanges to see if they are paying their dues. The agency, in Danish called the Skattestyrelsen, announced Monday that this is the first time the country’s Tax Council has given it access…

Chinese Mining Giant Bitmain Is Closing Another Overseas Office

Chinese Mining Giant Bitmain Is Closing Another Overseas Office China-based cryptocurrency mining giant Bitmain has decided to close yet another overseas office – this time in Amsterdam – as part of its ongoing business adjustments. In a statement shared with CoinDesk, a Bitmain spokesperson said that, while the company has not yet shut down its…

Bittrex Follows Major Crypto Exchanges in Launching Over-The-Counter Trading Platform

Bittrex Follows Major Crypto Exchanges in Launching Over-The-Counter Trading Platform United States-based cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk on Monday, according to a private statement released on Jan. 14. The latest major exchange to enter the OTC market, Bittrex will offer investors the same raft of around 200 crypto assets currently available on its standard platform.…

Japan: Seven Cryptocurrency Exchanges Could Receive FSA-Issued Licenses in Two Months

Japan: Seven Cryptocurrency Exchanges Could Receive FSA-Issued Licenses in Two Months According to new insight into the Japanese financial agency’s review process of companies applying for a cryptocurrency exchange license, seven applications will be either approved or rejected within two months. Cointelegraph Japan reported on this development on Jan. 12. The new information in regard to the review process offered by the Financial…

US Partner of Crypto Exchange Huobi Rebrands as Huobi

US Partner of Crypto Exchange Huobi Rebrands as Huobi HBUS, the United States-based strategic partner of China-born crypto exchange Huobi, has announced the rebranding of its retail trading service from HBUS.com to Huobi.com. The rebranding was shared in a press release with Cointelegraph on Jan. 11. As reported, HBUS launched as a strategic partner of Huobi Group…

Australian Federal Court Imposes Travel Ban, Fund Freeze on Bitconnect Promoter

Australian Federal Court Imposes Travel Ban, Fund Freeze on Bitconnect Promoter The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of reported $2.6 billion Ponzi scheme Bitconnect, daily newspaper The Sydney Morning Herald reports on Jan. 5. Bigatton is reportedly listed as a director and shareholder of BitConnect International Plc and…

Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions

Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions Sanctions imposed by governments as part of geopolitical struggles do not always filter through to under-regulated industries. Ambitious businesses covet every opportunity for expansion and diversification. That seems to be the reason why a growing number of crypto exchanges are turning their attention to Russia and its…

UK Crypto Exchange Coinfloor to Launch Trading of Physically Delivered Bitcoin Futures

UK Crypto Exchange Coinfloor to Launch Trading of Physically Delivered Bitcoin Futures CoinfloorEX, a unit of the United Kingdom cryptocurrency exchange Coinfloor, has been reorganized to offer trading of physical Bitcoin futures on the Asian market. The CEO of the company has revealed this in an interview with Bloomberg on Monday, Jan. 7. The rebranded CoinFLEX — short for Coin Futures and…

Crypto Exchange Kraken Says US Subpoenas Becoming ‘Barrier to Entry’

Crypto Exchange Kraken Says US Subpoenas Becoming ‘Barrier to Entry’ San Francisco-based cryptocurrency exchange Kraken has said that the cost of handling government subpoenas is fast becoming a “barrier to entry” in the U.S. On Saturday, the exchange tweeted an infographic from its “2018 Transparency Report,” indicating that the law enforcement and other inquiries it has received…

Token Exchange to Enable Trading of Nasdaq-Listed Companies

Token Exchange to Enable Trading of Nasdaq-Listed Companies A Nasdaq-powered crypto startup plans to let its clients indirectly purchase shares of major firms through a token-based platform. Estonia-based DX.Exchange announced Thursday that it would launch its trading platform on Jan. 7, allowing its clients to purchase crypto tokens representing shares in different tech firms listed…