[ad_2][ad_1] The mood of fear, uncertainty and doubt, otherwise known as FUD, that has gripped some of the largest cryptocurrency exchanges since October intensified last week and had nothing to do with the US presidential election. “Binance Strange Fud Friday and Strange Huobi Arrest Him Today”, tweeted MyCrypto CEO Taylor …
Read More »South Korea prohibits cryptocurrency exchanges from managing coins for privacy
[ad_2][ad_1] South Korea is about to ban cryptocurrency exchanges from handling digital assets it considers “dark coins”. The Regulator Financial Services Commission (FSC) specifically targets privacy coins such as dash, monero, and zcash. South Korean platforms like Okex have been forced to remove several privacy coins ● The ban has …
Read More »South Korea’s financial watchdog will ban privacy coins from exchanges
[ad_2][ad_1] According to a November 3 announcement by the South Korean Financial Services Commission, or FSC, virtual asset service providers within the country will no longer be able to manage digital assets that present a high risk of money laundering money. These updates were made as part of the guidelines …
Read More »Cryptocurrency and Compliance: How KYC Can Help Cryptocurrency Exchanges Grow
[ad_2][ad_1] Podcast: Play in new window | Download One of the newest and most exciting topics in payments is cryptocurrency. Bitcoin, the first decentralized cryptocurrency, arrived in 2009 and soon exploded in value. Its decentralized nature, made possible by blockchain technology, promised to disrupt the status quo in the heavily …
Read More »Ethereum holders sent 8,170 ETH to crypto exchanges before dropping to $ 370
[ad_2][ad_1] Summary: Cryptocurrency exchanges had an inflow of 8,170 ETH before yesterday’s drop to $ 370 This translates to around $ 3.1 million using an Ethereum fee of $ 380 Of this amount, 4,000 ETH was deposited on Binance before the brief crash The sale of Ethereum could indicate the …
Read More »Bitcoin slides 3% as Hong Kong seeks to end “honeymoon” with cryptocurrency exchanges
[ad_2][ad_1] The price of Bitcoin (BTC) has fallen by more than 3% in the past two days. Withdrawal of the dominant cryptocurrency comes amid growing regulatory pressure in China and Hong Kong. Bitcoin’s daily price chart. Source: TradingView.com History of the FUD exchange over the past month On October 16, …
Read More »Hong Kong changes cryptocurrency law to regulate all exchanges
[ad_2][ad_1] Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all cryptocurrency exchanges operating in Hong Kong. Hong Kong’s new Crypto regulation SFC CEO Ashley Alder spoke about implementing a new regulatory framework for cryptocurrencies on …
Read More »Tightening of preventive measures in several Arab countries
[ad_1] On Friday evening the Moroccan authorities decided to tighten measures to fight the Corona virus in the Greater Casablanca region, as well as in the nearby cities of Berrechid and Benslimane, starting today (Sunday) for a period of four weeks, due to the outbreak. of the “Covid-19” epidemic. A …
Read More »Why low latency is important for cryptocurrency exchanges, explained
[ad_2][ad_1] In the volatile world of cryptocurrencies, latency becomes even more important than ever, as prices can move quickly in seconds. Additionally, extremely low latency will be essential for bringing institutional money to these platforms. The digital nature of cryptocurrency, not to mention the hype and uncertainty surrounding most of …
Read More »187,000 BTC Drained: Over $ 2 billion in Bitcoin has left major exchanges since June
[ad_2][ad_1] The cryptocurrency reserves held on digital asset exchanges have fallen to new lows, as some of the major exchanges have seen significant drops in the balance of bitcoin reserves. A few months ago, trading platforms had far more reserves of bitcoin on hand, and data on the chain shows …
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