Metropolitan Bank Ceases Cryptocurrency-Related International Wires

Metropolitan Bank Holding Corp (NYSE: MCB), one of the fastest growing banks in the United States, is used by a number of major cryptocurrency exchanges. But the NYSE traded bank has ceased all cryptocurrency-related international wires effective immediately, according to a Fortune report. Also Read: Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin “The Bitcoin … Read more

Two More Bitcoin ETF Proposals Withdrawn

The US Securities and Exchange Commission (SEC) reportedly informed two bitcoin exchange-traded fund (ETF) aspirants their cryptocurrency products lack enough liquidity and are problematic in discovering valuation. Also read: Bitcoin Turns 9 Years Old Two Firms Withdraw Bitcoin ETF Proposals from SEC Wall Street’s main regulatory body, the US Securities and Exchange Commission (SEC), sent … Read more

”Facebook of China” Renren to Stage ICO

Renren, the first generation of Chinese social media, has announced its plan to start an ICO project called RR Coin. In reaction to the news, its shares spiked 13.57%. Also Read: From Mansions to Prisons: Bitcoin and Real-Estate Doesn’t Mix So Well From Renren to RR Coin Launched in December 2005, Renren has been dubbed “The … Read more

Options Giant Cboe Applies for Six Bitcoin-Based ETFs

It’s been over two weeks since the largest U.S. options platform, the Chicago Board of Trade (Cboe), launched its bitcoin-based futures products. Now over the past week, the firm has applied for six individual exchange-traded funds (ETF) and is waiting for the U.S. Securities and Exchange Commission’s (SEC) approval. Also Read: Popular Chat App Kakao’s Exchange … Read more