U.S. Cryptocurrency Exchanges Set to Meet in September to Discuss Self-Regulation

A working group led by cryptocurrency exchange Gemini will hold its first meeting in September to discuss forming a self-regulatory organization (SRO) to oversee the burgeoning U.S. crypto trading market. Announced on Monday, the Virtual Commodity Association (VCA) initially includes participation from four cryptocurrency exchanges that serve U.S. customers: Gemini, Bitstamp, Bittrex, and bitFlyer USA.

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Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the first time, after a successful

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U.K. Exchange Crypto Facilities Launches Bitcoin Cash Futures

Bitcoin cash, the fourth-largest cryptocurrency, took another step into the big leagues on Friday when a European derivatives trading platform launched the first regulated, USD-denominated bitcoin cash futures. This product, which began trading on the U.K.-based Crypto Facilities on Friday at 4 p.m. local time, allows investors to bet on the future price movements of

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Binance, LCX Collaborate to Launch Fiat-to-Cryptocurrency Exchange in Liechtenstein

Binance, the world’s leading cryptocurrency exchange by volume, has partnered with Liechtenstein Cryptoassets Exchange (LCX) to create and launch a cryptocurrency trading platform that allows users to trade directly against fiat currencies such as the euro. The Malta company announced Binance LCX as the forefront of their trading operations in the Central European economy. This

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Wall Street’s Crypto Caution Risks Coinbase Gaining ‘Unassailable’ Position

Cryptocurrency trading revenue is primed to explode within the near future, and Wall Street is running out of time if it hopes to stop industry giant Coinbase from gaining an indomitable market position. Writing in a new report titled “Crypto Trading — the Next Big Thing is Here?,” analysts at market research firm Sanford C.

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Coinbase Files Patent for Direct Bitcoin Payments System

Crypto exchange Coinbase recently filed for a patent detailing a new system to enable online users to make Bitcoin payments more securely. The patent, filed on August 14, will allow users to make payments directly from their Bitcoin wallet. The patent cites the issue of customers being required to compromise on the security of their

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Ripple Picks Three Crypto Exchanges for International XRP Payments

Blockchain payments and remittance startup Ripple has picked three cryptocurrency exchanges to facilitate xRapid – its cross-border payments solution for banks using the cryptocurrency XRP. In an announcement on Wednesday, Ripple named Bittrex, Bits and Coin.Ph – in the United States, Mexico and the Philippines respectively – as its “preferred’ cryptocurrency exchanges to solidify its

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Korea’s Crypto Industry Condemns Exclusion Plan from Venture Firms List

Crypto exchanges and blockchain startups in South Korea are protesting against a recent legislative proposal by the government to exclude the industry from recognized venture businesses. In a proposal outlined by South Korea’s Ministry of SMEs and Startups this week, the government body revealed its intention to exclude the blockchain industry, including cryptocurrency exchanges, from

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Coinbase Effect: Ethereum Classic Price Surges Ahead of Listing

The cryptocurrency Ethereum Classic moved ahead of the market in recent hours when it surged by a further 15% on top of Wednesday’s 20% gains and is now trading at around $13.80 on Bitfinex. The upward gains follows crypto exchange giant Coinbase’s announcement, posted on Twitter, indicating that ETC would be available for purchase and

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Another Top-5 Cryptocurrency Exchange Plots Move to Malta’s ‘Blockchain Island’

Another day passes by and although August is a traditionally slow month in the business and finance circles, Malta does not seem to be resting on its laurels at all. After several announcements regarding cryptocurrency exchanges and crypto banks, we now have the announcement coming that ZB.com, the world’s fith-largest cryptocurrency exchange by daily trading

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