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# crypto News

February 15, 2019 by at News
Binance, the world's largest cryptocurrency exchange by trading volume, is still profitable despite last year's market meltdown, its chief financial officer Wei Zhou said, CNBC reported on February 14, 2019. Bear Market Had Little Effect on World's Largest Crypto Exchange (Source: CNBC) The prices of almost all cryptocurrencies have plunged...
Japan's primary financial watchdog, the Financial Services Agency (FSA), could approve crypto exchange-traded-funds despite abandoning plans to allow Bitcoin futures, a person familiar with the matter told Bloomberg on January 7, 2019. Increasing Interest in Cryptocurrency EFTs in Japan Despite giving up on their plans to allow listing a Bitcoin...
According to a report by The National, published on December 21, 2018, the UAE’s Securities and Commodities Authority (SCA) is set to introduce ICO regulations in the country by the end of the first half of 2019. ICO regulations will ensure that businesses can raise capital in an efficient, secure,...
A new report from Reuters published December 19, 2018, determined that the inability for Asian cryptocurrency exchanges and traders to insure themselves against cybercrimes like theft and hacking is also presenting fund managers with deep pockets to invest into the market. Insurance Is a Necessary Prerequisite Against Cybercrimes Since investors...
Polychain has announced a new capital injection of $175 million with their latest round of funding on December 19, 2018, according to a report by Axios. Polychain is a crypto hedge fund run by former Coinbase employee Olaf Carson-Wee. The fund is regarded as the largest crypto hedge fund, with...
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