EXCHANGES

Institutional Bitcoin Trading Volume Grows For 4 Consecutive Months

[ad_1] A new report from curated data platform Diar reveals that institutional Bitcoin trading volumes record growth for the 4th month in a row.  Institutions Warming Up Popular cryptocurrency data outlet Diar reports that institutional Bitcoin trading volumes have moved into growth for the 4th consecutive month. According to the report, they are hitting new highs against US-based exchanges as a percentage of the total trading volume. As seen on the chart,
BLOCKCHAIN

Securitize Launches Token Compliance Program

[ad_1] Securitize, a compliance platform and protocol for token issuers backed by United States crypto exchange Coinbase, is launching its Securitize Ready Program, according to a press release shared with Cointelegraph on April 9.Per the announcement, the program includes such industry majors as Coinbase Custody, OpenFinance, Rialto Trading, CBlock Capital and others. Users of the Securitize Ready Program will be able to use the various services offered by the partner
BLOCKCHAIN

US Legislators Reintroduce Token Taxonomy Act to Exclude Crypto From Securities Laws

[ad_1] Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as a security.The bill was initially proposed last December by Reps. Warren Davidson (R) and Darren Soto (D), and seeks to exclude digital currencies from being defined as securities by amending the Securities Act of 1933
EXCHANGES

New York, New York: Bitstamp Obtains BitLicense, Plans to Expand Into US

[ad_1] Bitstamp now can officially offer cryptocurrency trading services in the state of New York after the state’s Department of Financial Services granted the exchange a BitLicense.  Obtaining a BitLicense is undoubtedly good news for the traditionally European-focused Bitstamp, which will now find it easier to make inroads into the United States cryptocurrency trading ecosystem and expand its presence in the large North American market. Stated the Luxembourg-based exchange in
Business

French Stock Market Regulator Issues Warning About Crypto-Related Firm

[ad_1] The Autorité des marchés financiers (AMF) has warned the public about a firm offering training courses and software for trading cryptocurrency and investing in forex markets, according to an announcement published on April 9.The AMF — the stock market regulator in France — has issued a warning regarding the operation of Kuvera LLC(1)/Kuvera France, which allegedly promotes trading on “highly speculative products” and targets young people. Specifically, the company
EXCHANGES

More Than Half of All Companies Will Use Blockchain Tech in 3 Years, Says Oracle VP

[ad_1] The blockchain has become something of a buzzword over the past year or so, but that doesn’t mean it isn’t a viable solution for many businesses. In fact, one expert believes the made-famous-by-Bitcoin technology will be used by upwards of 60 percent of companies.  This projection comes from Oracle’s group vice president of blockchain product development, Frank Xiong, who told Forbes CIO Summit that he predicts “between 50% and
EXCHANGES

Bitcoin Price Analysis: Upward Consolidation Hints Toward Diminishing Market Supply

[ad_1] Summary: The bitcoin market has seen sustained buying pressure as the daily candles have continuously closed new highs following the impulsive move that brought us to the $5,000 levels. From an intraday perspective, we have established new support on three separate levels that were previously resistance as the market progresses along its supply and demand channel. Macro-wise, we are still sitting in a no man’s land between macro support
EXCHANGES

Western Union Partners With Crypto Wallet for Cross-Border Transfers

[ad_1] Crypto wallet provider Coins.ph has partnered with U.S. financial service company Western Union to enhance cross-border transfers to the Philippines. The partnership will grant over 5 million Coins.ph users access to both local and international payments transferred into their digital asset wallets. According to Coins.ph, the decision to partner with Western Union was based on its desire to ensure that people can receive cash payments from virtually every nation
Business

Michigan House of Representatives Votes to Include Cryptocurrencies in Criminal Laws

[ad_1] The Michigan House of Representatives has passed a bill, HB 4102, on April 9 that would include cryptocurrencies in criminal codes regarding illegal actions for financial gain.Michigan lawmakers have voted to introduce amendments to various sections of the Michigan Penal Code, specifying that cryptocurrency would be included in provisions relating to money laundering, embezzlement, credit card fraud and financial transactions involving the proceeds of a criminal offense.The legislation also
EXCHANGES

Founder of Mt. Gox Creditors Cooperative Resigns, Says Settlement Could Take Years

[ad_1] Four days ago, news.Bitcoin.com reported on the April 3 notice to Mt. Gox creditors from the court’s civil rehabilitation trustee Nobuaki Kobayashi. Now a disclosure stemming from the founder of Mt. Gox Legal explains that the coordinator, Andy Pag, is leaving the ongoing legal battle because he thinks the process could take years to settle the case. Also read: Uyen T Nguyen: The Powerful Young Woman Behind the Alleged