Authorities block Russia’s top crypto exchange aggregator

The website is still accessible through VPNs and mirrors. BestChange.ru, a major cryptocurrency website in Russia, has got blocked shortly after local lawmakers finally passed the country’s crypto legislation. An aggregator of about 400 local crypto exchange websites, BestChange.ru website was blocked by Russian telecom regulator Roskomnadzor on Aug. 26. The website is still available […]

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Binance.UK joins self-regulating trade group CryptoUK as Exec Member

Ahead of the launch of its U.K. regulated cryptocurrency exchange, Binance.UK vows to proactively update CryptoUK’s code of conduct to remain fit for purpose. Binance.UK is joining the self-regulating industry association CryptoUK as an executive member. The exchange will join stakeholders such as Coinbase, CryptoCompare and Ripple in leading the association’s strategic direction, and working […]

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Bitcoin Capital hopes to foster mass crypto adoption via its exchange-traded product

Bitcoin Capital allocates 83% to BTC, but only 1% to ETH Investment firm Bitcoin Capital hopes that its exchange-traded product will foster mass crypto adoption. The firm’s Bitcoin Capital Active Exchange Traded Product, or BTCA, is traded on the Swiss Stock Exchange. It can discretionarily allocate funds to fifteen different cryptocurrencies and fiat. Daniel Diemers, one of […]

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A new report from Mexico says banks are used to launder money more than crypto

The traditional banking sector is lagging behind in the race with crypto. Mexico’s Financial Intelligence Unit recently published the results of its second National Risk Assessment. The report highlighted that the risk of money laundering in the banking sector far surpasses the issues encountered by fintech companies. According to El Economista, the so-called “G7 banking” […]

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