Exchanges Round-Up: Chinese Court Backs Coinnice Repatriation, CZ Demos Binance DEX

exchanges round up chinese court backs coinnice repatriation cz demos binance dex

Exchanges In recent news pertaining to cryptocurrencies, a Chinese court has rejected an appeal from a trader disputing a previous decision that mandated he repay the value of 5 BTC accidentally credited to his Coinnice account, the CEO of Binance has demonstrated the company’s upcoming decentralized exchange (DEX), and Okex’s head of operations has discussed the company’s recent “socialized clawback”. Also Read: Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact Chinese Court Backs Exchange in Dispute Over 5 BTC Accidentally Credited to Trader A Chinese court has rejected an…

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Japan Unveils Results of On-Site Inspections of 23 Crypto Exchanges

japan unveils results of on site inspections of 23 crypto exchanges

Regulation The Japanese financial regulator has finished the on-site inspections of 23 cryptocurrency exchanges. The agency found many problems and has released a report outlining them. The regulator will use the findings to tighten its review procedures of new crypto exchange applicants, including over 100 companies that have been waiting to be reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Results of On-Site Inspections of 23 Exchanges Japan’s top financial regulator, the Financial Services Agency (FSA), announced Friday the results of the on-site inspections of 23 cryptocurrency exchanges…

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Volumes Surge on Turkey’s Crypto Exchanges as Lira Tanks

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Turkey 's currency – denominated trade volume rose sharply on Friday night to record the lowest level of economic uncertainty. According to CoinMarketCap, the trading volume of the Turkish exchanges Paribu, Btcturk and Koinim has increased by more than 100% over the past 24 hours. Btcturk (the largest) handles $ 11.6 million in transactions, and the absolute volume is still small. Turkish Prime Minister Recep Tayyip Erdogan has a record low against the dollar, reflecting President George W. Bush's economic policy, the relationship with US President Donald Trump and the…

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Thailand’s New ICO Rule Has Already Attracted 20 Crypto Exchanges

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The new licensing rules that regulate Thailand's new initial coin offering (ICO) benefit from companies trying to provide token sales and exchange services in just a few weeks after the rules are in place, officials said. Rapee Sucharitakul, secretary general of the Securities and Exchange Commission (SEC), said in a Bangkok Post report Thursday that he has already submitted 20 password exchange applications to become a license exchange. CoinDesk reported that the rules for regulating the ICO after the royal edicts on the subject were released in May were effective…

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Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT

exchanges round up goldman considers crypto custody sa exchange launches usdt

Exchanges In recent news pertaining to cryptocurrency exchanges, it has been reported that Goldman Sachs is considering exploring custody and other services pertaining to cryptocurrencies; a South African exchange has introduced Tether pairings in the hopes of driving down the local premium on crypto prices through offering arbitrage opportunities to foreign traders; and Blockex has announced that Sublime Group has started operating as a market maker on its exchange. Also Read: Philippines Building Crypto Valley of Asia Goldman Sachs Exploring Crypto Custody Services Bloomberg has reported that leading financial services company,…

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OKEx’s Future Trading Shortfall ‘A Valuable Lesson’ for Cryptocurrency Exchanges

okexs future trading shortfall a valuable lesson for cryptocurrency exchanges

The world of futures trading in Bitcoin for the traditional investor is still very new, as it only opened in December of last year when CBOE and CME launched their products to the market in what was expected to be a big boost for Bitcoin adoption. However, for those already involved in cryptocurrencies, there have been opportunities to trade Bitcoin futures — along with other cryptocurrency futures — since before the big CME and CBOE launch dates. In fact, OKEx announced its BTC, BCH and ETH futures trading on November…

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