Business

Low trading volumes jeopardize the continued existence of the vast majority of South Korean cryptocurrency exchanges, as well as forcing local startups to look for ways to list their coins on foreign sites, according to Business Korea. In particular, the publication draws attention to the fact that only five South Korean sites are today in the first hundred exchanges in terms of trading volume. “It is no exaggeration to say that because of the low […]

The operator of the largest BitMEX derivatives exchange, BitMEX, HDR Global Trading Limited, announced the limitation of services in three new jurisdictions. According to a statement on the exchange’s website, from today “to ensure the safety of user funds”, BitMEX services are not available in the Seychelles, Bermuda and Hong Kong. It is noteworthy that HDR Global Trading Limited is registered in the Seychelles, in […]

A selection of projects in the field of “end-to-end” digital technologies that intend to receive state support in the Russian Federation will be handled by a special interagency commission. This was reported by TASS with reference to a statement by the ANO "Digital Economy", designed to ensure interaction between business, experts and authorities in the implementation of the state program for the development of the digital economy of Russia. In addition to the organization’s representatives, the commission should include representatives of departments, […]

The Financial Anti-Money Laundering Measures Development Group (FATF) has denied rumors about the creation of a certain system for collecting and exchanging personal data of individuals engaged in cryptocurrency transactions. This was the organization’s senior analyst Tom Neilan in a conversation with Finance Magnates. Previously, this information was disseminated by several media with reference to the Nikkei Asian Review, however, according to Neilan, […]