Canada Keeping Their Eye on Unauthorized Exchanges

Due to complaints received, the Ontario Securities Commission in Canada is in the process of investigating crypto exchanges in a bid to ensure that they are adhering to the country’s securities laws. The amount of different digital currencies available to trade has increased exponentially since Bitcoin was developed in 2009. In fact, the latter went

Bitfinex Makes 12 ‘Pioneering’ Additions to its Trading Platform

Bitfinex, the largest Bitcoin exchange, has announced support for 12 additional tokens to its popular trading platform — all of which are “focused around strengthening the impact and capacity of decentralised technologies.” A Dirty Dozen As of 4 PM UST, Bitfinex has enabled trading for the following cryptocurrency tokens: Aion (AION) IOSToken (IOST) Request Network

FCA Clarifies Stance on Cryptocurrency Offerings – Derivatives ‘Likely’ Require Authorization

In a statement issued on Friday by the FCA, the UK’s financial watchdog, the agency announced that all companies wishing to provide cryptocurrency derivatives would “likely” require official authorization to do so. Friday’s announcement comes as the FCA seeks to clarify its stance when it comes to cryptocurrency derivatives. According to the official statement, all companies that

“Private Digital Money” Better than State-Issued, Swiss Central Banker Says

Economy & Regulation Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto.   Also

Coinbase Ready to Excel: 3 Massive Developments

Coinbase, one of the world’s largest exchanges, has blown up in the news over the past week due to many developments being announced. Such developments include a venture fund for crypto startups, withdrawal support for more Bitcoin forks, and entering talks with the SEC to become an officially licensed broker. Support for More Bitcoin Forks