Huobi Pro Launches a New Cryptocurrency Market Index For Its Customers

Huobi Pro announced that it launches a new cryptocurrency market index for its customers, reported Coindesk on May 23. The Huobi new market index will on its platform and in real-time track 10 different digital assets traded against USDT. The investors will see a single general feed, instead of having to check one crypto asset … Continue reading Huobi Pro Launches a New Cryptocurrency Market Index For Its Customers

Circle Launches the Full Version of Its Cryptocurrency App

Circle launches the full version of its cryptocurrency app, reported Coindesk on May 22. The payment startup was launched in March 2018 and unveiled the full version of its cryptocurrency app on Tuesday, including all of its services. Circle announced it was adding monero and zcash to its crypto assets at the beginning of May. The … Continue reading Circle Launches the Full Version of Its Cryptocurrency App

Why Are More Governments Stopping Bitcoin Mining Operations?

This article was written by Delton Rhodes, a CoinCentral's author that enjoys researching new, innovative, and interesting blockchain/crypto projects that have the potential to impact the world. Bitcoin mining has become a profitable industry for many people in the cryptocurrency community. Despite the increasing popularity of bitcoin mining around the globe, though, there are quite … Continue reading Why Are More Governments Stopping Bitcoin Mining Operations?

Monex CEO Plans to Bring Coincheck to America

Monex Inc, which acquired post-hack cryptocurrency exchange Coincheck recently, announced plans to bring Coincheck to America, reported Bloomberg on May 18. Oki Matsumoto, Monex CEO expressed that he is expecting to be granted an official license in Japan next month. Monex had the biggest gain in Japan’s benchmark Topix Index as its shares raised by 98% … Continue reading Monex CEO Plans to Bring Coincheck to America

Swiss Government Explores the Possibility of Issuing Its Own State-Backed Digital Currency

The Federal Council of the Government of Switzerland explores the possibility of issuing its own state-backed digital currency called "e-franc", as it requests a study to see the risks and opportunities of a national cryptocurrency, reported Cointelegraph on May 16. The government employee that brought this idea is Cedric Wermuth, a Swiss lawmaker and vice-president of the Social Democratic Party … Continue reading Swiss Government Explores the Possibility of Issuing Its Own State-Backed Digital Currency

The First New-York Based Cryptocurrency Trading Firm Obtains a BitLicense

Genesis Global Trading, a leading over-the-counter digital currency trader is the first New-York based cryptocurrency trading firm that obtains a BitLicense by the New York Department of Financial Services (DFS), according to a press release published on May 17. The license allows the digital currency trader to facilitate the trading of many cryptocurrencies including bitcoin. … Continue reading The First New-York Based Cryptocurrency Trading Firm Obtains a BitLicense

Wall Street Executive Hopes Bitcoin Will Become Internet Currency

Jack Dorsey, a Wall Street executive and CEO of Square, hopes Bitcoin will become Internet currency, reported Coindesk on May 17. Dorsey spoke with Elizabeth Stark of Lightning Labs at CoinDesk's Consensus 2018 conference in New York City about what his company wants for the digital currency. He said, "I'm just approaching with the principle that the Internet … Continue reading Wall Street Executive Hopes Bitcoin Will Become Internet Currency

Wall Street Investment Manager Launches a Blockchain-Based Exchange-Traded-Fund

Brian Kelly, a Wall Street investment manager launches a blockchain-based exchange-traded-funds (ETF), reported Coindesk on May 16. Kelly will be working in collaboration with REX Shares founder Gregg King and will be managing the portfolio of 30 companies using the blockchain technology actively and matching one of four general criteria. He mentioned, "When I look at the … Continue reading Wall Street Investment Manager Launches a Blockchain-Based Exchange-Traded-Fund

Cryptocurrency “Will Play a Role” in the Future, Says JPMorgan Co-President

Jerry Pinto, JPMorgan co-president said that cryptocurrency "will play a role" in the future, confirming that the banking giant was "looking into" the bitcoin space, reported Cointelegraph on May 16. He also expressed that JPMorgan can already trade Bitcoin futures but no action has yet been taken to make this possible. "We are looking into … Continue reading Cryptocurrency “Will Play a Role” in the Future, Says JPMorgan Co-President

President of Chile’s Central Bank Wants to Regulate Cryptocurrencies “to Monitor the Associated Risks”

The president of Chile's central bank, Mario Marcel, wants to regulate cryptocurrencies "to monitor the associated risks," reported Cointelegraph on May 16. Currently, there are no laws in Chile to prevent Chileans to exchange cryptocurrency for goods and services as cryptos are not considered as money or securities. Marcel mentioned at a forum of the … Continue reading President of Chile’s Central Bank Wants to Regulate Cryptocurrencies “to Monitor the Associated Risks”