Japan’s Monex Group Launching Crypto Exchange in the US

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Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U.S. next quarter. The company has also shared its expansion plans for Coincheck in Japan. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations U.S. Expansion…

Zebpay Exchange Now Live in 21 European Countries

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Zebpay, formerly one of India’s largest cryptocurrency exchanges, has launched in Europe. Euro deposits, withdrawals, and trading are now live in 21 countries. While the exchange is not accepting new registrations from India, existing users can continue to use its wallet app. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Zebpay…

7 Major Exchanges in Korea Agree on Joint Measures

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Seven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions. Meanwhile, the Korean government is working on institutionalizing crypto exchanges. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Seven…

The Daly: Poloniex Offers Institutional Accounts, Okex Launches ‘Perpetual Swap’

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Cryptocurrency exchange Poloniex is now offering institutional accounts and we’ve covered the announcement in The Daily. Also, Okex is launching a new derivative product, while crypto derivatives exchange Erisx has raised $27.5 million and Nasdaq has confirmed that it’s planning to launch bitcoin futures next year.   Also read: Binance Shows DEX Preview, Ohio to…

Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After Buyout

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A regulated Japanese cryptocurrency exchange is shutting down to relaunch as part of the Huobi family. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade customers need to open new accounts, complete KYC verification, and transfer their assets to the new platform. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls…

Grant Thornton Attests USDC Is Backed by Fiat, Huobi Sets Up Communist Party Branch

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In exchange news, we look at a major accounting firm’s attestation that all USDC tokens issued by Circle are fully backed by fiat dollars. We also focus on a Huobi Group subsidiary that has set up a Chinese Communist Party branch, as well as Bakkt, which has listed the reasons behind its move into bitcoin.…

Huobi Exchange’s Plans for Russia Go Well Beyond Crypto Trading

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Huobi exchange, which just opened an office in Moscow, wants to lend money and rent space to Russian miners, shape the country’s regulations and train local blockchain talent.