Category: Exchanges

Japan needs to keep researching a central bank digital currency, even if it won’t launch one just yet, accord to the Bank of Japan’s (BoJ) deputy governor. As per a Reuters report on Thursday, Masayoshi Amamiya said at a Tokyo seminar that if advances in payments technology arrive quickly, there may be more demand for a central bank digital currency (CBDC). As such, it’s “very important” that the bank should lay the groundwork of the technology. “The speed of technical innovation is very fast. Depending on how things unfold in…

Digital advertising company Bidooh has taken two of its former co-founders to court on accusations they stole company software. Bidooh COO Vicki Simms said in the group’s official Telegram chat on Jan. 20 that the platform had been “seriously tampered with” and that the company had taken legal proceedings against former CEO Abdul Alim and former CTO Shaz Mughal. “We continue to press on with the remaining legal steps necessary to obtain final judgment against the defendants, Abdul Alim and Shaz Mughal, and reimbursement of our costs,” Simms said. Bidooh…

Coinbase has launched Coinbase Custody International Inc., a European entity for handling cryptocurrency deposits. Based in Dublin, Ireland, Coinbase said in a blog post that client demand for institutional-grade custodial services drove the move. Separately, a spokesman for the exchange said Coinbase Custody now has $8 billion in assets under custody, up from the $7 billion announced last November. “While Coinbase Custody has served European-based clients in the UK, Switzerland, Germany, Finland, the Netherlands and more since 2018, our dedicated presence in Europe will allow us to offer these services…

Google recently suspended and removed bitcoin rewards game “Bitcoin Blast” from its Google Play app store for allegedly deceiving users, but it will not explain to the developers what exactly was deceptive about the game.  On Jan. 20, Google pulled Bling’s “Bitcoin Blast,” a match-three puzzle game that rewards users with bitcoin-redeemable loyalty points. The Android version of the game had been live on the Play Store since May 2019, CEO Amy Wan told CoinDesk.  Within that time, she said it amassed 800,000 users, 20,000 ratings and 13,000 written reviews,…

Trading volumes in bitcoin options listed on the Intercontinental Exchange’s Bakkt platform have completely dried up, even while CME’s options product is seeing strong interest.  As per Bakkt’s data, not a single bitcoin options contract was traded last week on Bakkt, withactivity last registered on Jan. 17, when 20 lots had changed hands.  This is happening while the price of bitcoin has rallied to three-month highs, raising the cryptocurrency’s volatility.  Demand for options tends to rise with a spike in volatility, the standard deviation of an asset’s returns that is…

Trading volumes in bitcoin options listed on the Intercontinental Exchange’s Bakkt platform have completely dried up, even while CME’s options product is seeing strong interest.  As per Bakkt’s data, not a single bitcoin options contract was traded last week on Bakkt, withactivity last registered on Jan. 17, when 20 lots had changed hands.  This is happening while the price of bitcoin has rallied to three-month highs, raising the cryptocurrency’s volatility.  Demand for options tends to rise with a spike in volatility, the standard deviation of an asset’s returns that is…

With bitcoin set for its best-ever January, Markets Daily is back with today’s crypto news roundup. For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. Source

The competition around staking is heating up, and the latest entrant is Binance US, which will begin offering staking rewards on two assets with plans to roll out more in the future, according to CEO Catherine Coley. On this episode of The Breakdown, Coley talks with NLW about: Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in…

A company that provides financial services for cryptocurrency companies like Coinbase, Bitstamp and Galaxy Digital has been awarded a payments license by the U.K.’s Financial Conduct Authority (FCA). London-based BCB Group announced the news Wednesday, saying its subsidiary, BCB Payments Ltd., is now the “first and only crypto-focused” company to have be registered as an Authorised Payment Institution in the U.K. With British banks reluctant to engage with crypto firms, BCB is one of few options available. The firm said it takes a “dedicated focus on B2B payment services including…

French officials have charged Alexander Vinnik, the alleged operator of an exchange that laundered millions of dollars for criminals, on multiple counts including extortion and money laundering. According to a report by Bloomberg on Tuesday, Vinnik was interviewed by French prosecutors as soon as he was extradited from Greece late last week. Zoi Konstantopoulou, a member of the defense counsel, said in a news conference Tuesday that Vinnik was a blockchain and computer genius, targeted for his Russian nationality and “persecuted” because of the threat he posed to the international…