Gemini’s exit from Canada: What’s driving crypto exchanges out?

Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, Cointelegraph Japan reports.FSA approval receivedFollowing regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly launched crypto platform today.In accordance with previous announcement, Bitmax will initially allow users to trade five major…

The market capitalization of BNB (BNB) has dropped by more than $7 billion since June 5 when the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance. BNB price eyes technical bounceThe impact of the SEC lawsuit on Binance has been substantial so far with BNB down nearly 15% week-to-date.BNB daily market capitalization.…

Kapital Bank and Ravnaq Bank got approval from the National Agency for Perspective Projects to participate in the digital sandbox of crypto regulation. 244 Total views 4 Total shares Two private banks in Uzbekistan — Kapital Bank and Ravnaq Bank — acquired approval from the National Agency for Perspective Projects (NAPP) to participate in the…

The crypto industry records another major acquisition in 2020. 2314 Total views 23 Total shares According to an official announcement, INX has signed a term sheet for the acquisition of OpenFinance, which operates as a registered broker-dealer in compliance with the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.With the new deal, INX…

The service provider also announced the launch of a new system upgrade to increase yield efficiency. 122 Total views 3 Total shares RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore. The company said the…

United States cryptocurrency exchange Coinbase has announced that it is giving away 1 billion Stellar Lumens (XLM) (about $106 million) to users that are willing to study the Stellar protocol. The news was revealed in a Coinbase blog post published on Tuesday, March 26.The move is part of Coinbase Earn, the exchange’s crypto-focused educational program.…

The institutional asset custody arm of United States cryptocurrency exchange Coinbase has launched staking for Tezos (XTZ), the company announced in a blog post on March 29.Coinbase Custody, which provides storage facilities for institutional investors, is seeking to expand its suite of services to include staking — a means by which Proof-of-Stake (PoS) cryptocurrency networks…

Bitcoin (BTC) is entering a new “speculation cycle” typical of a bull run, new analysis says.In a tweet on May 16, Philip Swift, creator of data resource LookIntoBitcoin and co-founder of trading suite Decentrader, revealed history repeating itself according to the RHODL Ratio metric.RHODL Ratiocreator on BTC price: "Zoom out"RHODL Ratio is a method of…

South Korean tourist island tries to stay open and safe with blockchain technology. Jeju Island, a southern island in South Korea, is one of the most popular tourist destinations for Koreans and has about 15 million visitors annually.It now requires those visitors to use a decentralized identity (DID) blockchain technology based app that claims to…