It Came from the East: How Asia Bolstered Cryptocurrencies in 2017

Bitcoin and the digital asset economy has seen a meteoric rise in value over the course of 2017. Various countries have caught the cryptocurrency fever, but the lion’s share of digital asset demand has stemmed from regions located in Asia. It’s clear from various data recorded all year long that countries like Japan, South Korea, … Read more

Etrade Joins Increasingly Crowded Bitcoin Futures Market

Etrade, a popular online retail trading platform, has announced it will support Cboe bitcoin futures contracts for its users. The company joins rivals Ally and TD Ameritrade in a bid to capture part of the multi billion USD cryptocurrency market. Also read: United States Olympic Luge Team to Accept Bitcoin Donations Etrade Joins a Crowded … Read more

Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea

Kakao’s cryptocurrency exchange Upbit now claims to be the largest crypto exchange by volume in South Korea, one of the top three markets globally. Listing over 120 coins and leveraging Kakao Talk’s massive user base, Upbit currently facilitates an average daily trading volume of 5 trillion won. Also read: South Korea Clarifies Position After Reports of … Read more

Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy

The South Korean cryptocurrency exchange affiliated with Kakao Talk has recently become the center of regulatory controversy. Upbit is the only major exchange in Korea that has not joined the other exchanges in support of self-regulation. Their agreement with Bittrex raises the question of how the regulation applies to them. Meanwhile, the exchange is having … Read more

2018 Pyeongchang United States Olympic Luge Team to Accept Bitcoin Donations

Over the weekend, the United States Olympic Luge Team announced they are the first Olympic team in the country to advocate for and accept bitcoin in donation. With only two months from starting Winter Games in South Korea, there’s just enough time to promote both a crazy, cool olympic sport while promoting a cool, crazy … Read more

Crypto to Take Center Stage at G20 – “Need to See How We Can Regulate Bitcoin”

French Finance Minister Bruno Le Maire announced on Sunday December 17th that the next Group of 20 (G20) meeting would include discussion about how to regulate the world’s most popular cryptocurrency, bitcoin. The digital asset hasn’t ceased in making news all year, and European politicians appear more concerned in direct proportion to its price increase, … Read more