People’s Bank of China Targets Crypto Companies in Shenzhen Crackdown

The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According to Chinese media, the entities have been targeted in a crackdown on crypto trading in the city. People’s Bank of China Cracks Down on Coin … Read more

In the Daily: Crypto Data Feed, BSV Sale, Bitmain Office Closed

Intercontinental Exchange has added new coins to its cryptocurrency data feed and we’ve got the details in this installment of The Daily. This edition also features Coincheck’s announcement that it plans to sell its BSV holdings and reimburse users with Japanese fiat currency. Also, Chinese mining giant Bitmain has closed its office in Norway. Also … Read more

Cryptocurrency Exchange Exmo Opens Branch in Turkey

Digital asset exchange Exmo, a leading crypto trading platform in Eastern Europe, has recently registered a subsidiary in Turkey. The company is setting up an office in Istanbul, the financial capital of the country situated on the Bosphorus. Also read: Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments Traders Offered Pairs With … Read more

The Daily: Derivative Market Hits $12B in Volume, Reports of Layoffs, Another Fork

Cryptocurrency exchange Huobi has announced reaching $12 billion in cumulative trading volume on its derivative market in December. The news comes amid reports of job cuts at its Shenzhen office. Also in The Daily this Saturday, major trading platforms have confirmed support for the upcoming Constantinople hard fork in the Ethereum network.    Also read: … Read more

Regulations Round-Up: U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming by 2019

In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U.S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority … Read more