Japanese prosecutors have reportedly dropped plans to appeal the embezzlement acquittal of former Mt. Gox CEO Mark Karpeles. Japanese prosecutors have reportedly dropped their appeal to the acquittal of former Mt. Gox CEO Mark Karpeles, The Mainichi reports on March 29. On March 15, the CEO of the now defunct Mt. Gox cryptocurrency exchange was […]
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Digital gift card provider Bitrefill has added an option to make Airbnb reservations with cryptocurrency. Digital gift cards and mobile phone refill provider Bitrefill has added an option to make Airbnb reservations with cryptocurrency, Bitrefill announced in al tweet on March 27. Per the announcement, customers can now pay for their bookings with Bitcoin (BTC), […]
Continue ReadingRegtech firm Coinfirm found that 69 percent out of 216 global crypto exchanges do not have “complete and transparent” KYC procedures. Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology (regtech) startup Coinfirm found in its crypto exchange risk report released on March 27. Coinfirm, а London–based […]
Continue ReadingDigital asset exchange AlphaPoint has upgraded its security token service designed for institutional clients. Digital asset exchange AlphaPoint has upgraded its security token service designed for institutional clients, according to a press release obtained by Cointelegraph Thursday, March 28. The company that provides services to private equity, real estate, funds, and other institutional investors is […]
Continue ReadingMergers are becoming more common in crypto, but what happens when things go wrong? Mergers. They’re a tricky business at the best of times, but when conducted in a nascent industry in which regulations, guidelines and best practice haven’t been firmly established, they can be absolutely perilous. Just ask Coinbase, which acquired blockchain analytics startup […]
Continue ReadingSingapore-based exchange KuCoin partners with payment processor Simplex to allow users to purchase crypto with credit cards. Singapore-based crypto exchange KuCoin has partnered with Israel-based payment processing company Simplex to let its users purchase crypto via credit card, an official announcement revealed on March 27. The exchange has already added the service to its assets […]
Continue ReadingBlockchain-enabled diamond exchange Cedex has secured over 6,000 diamonds worth over $50 million that will be traded on its platform. Blockchain-enabled diamond exchange Cedex has secured more than 6,000 diamonds worth over $50 million that will be traded on its platform, Finance Magnates reported on March 27. Per the report, citing a press release from […]
Continue ReadingOKEx, OKCoin founder Star Xu announced OK Group partnership with blockchain-focused trust company, plan to launch stablecoin. Star Xu — founder of exchange services provider OKCoin and the world’s 6th largest crypto exchange OKEx — has announced OK Group’s partnership with blockchain-focused trust company Prime Trust, prospectively allowing the firm to launch its own compliant […]
Continue ReadingBinance’s Changpeng Zhao reacts to reports of exchanges’ faking trading volumes, says they are useful for transparency in the crypto industry The CEO of cryptocurrency exchange Binance, Changpeng Zhao, said in an interview with Cointelegraph on March 27 that recent reports on fake trading volumes are useful for the crypto industry. CT speaks with Binance […]
Continue ReadingFrench hardware wallet producer Ledger partnered with Hong Kong custodian Legacy Trust to offer institutional cryptocurrency custody services. French hardware wallet producer Ledger has partnered with Hong Kong trust company Legacy Trust to offer institutional cryptocurrency custody services, according to a press release shared with Cointelegraph on March 28. The announcement — which also claims […]
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