Gemini seeks to expand towards Asia
Gemini exchange plans to open satellite offices in Hong Kong, this is coming after getting a good response from Singapore. After experiencing great success at their Singapore offices, the US-based Gemini Cryptocurrency Exchange Chain plans to expand its presence in the Asia Pacific area. In Hong Kong and Australia, the foundation hopes to create satellite […]
BTCC, First Bitcoin exchange in China exits crypto
China’s first Bitcoin exchange operator BTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com. According to certain sources, BTCChina, the operator of China’s oldest Bitcoin (BTC) exchange, is no longer in the crypto business. According to Chinese news source The 21st Century Business Herald, the corporation sold its stake in the Singapore-registered […]
“As part of our ongoing compliance efforts” Binance will cease operations in Ontario – Binance
Binance plans to end all operations in Ontario at the end of this year. In a short statement, Binance revealed that it will stop providing services to users in Ontario, following a warning from Japanese officials on Friday. “As part of our ongoing compliance efforts, Binance has revised its Terms of Use to state that […]
Bakkt exchange launches its crypto debit card
The Bakkt Visa debit card, which is praised for allowing users to “exploit digital assets in their day-to-day lives,” is now accessible for online and in-store purchases. Bakkt, a subsidiary of the Intercontinental Exchange, has launched a debit card that allows clients to make retail purchases using cryptocurrency. Bakkt announced on Tuesday that it has launched a totally virtual Visa debit card that could be used both online and in stores. Cardholders can spend Bitcoin (BTC) directly from their Bakkt accounts without having to wait for the cryptocurrency to be converted to fiat currency. “Imagine a Bitcoin user who sees a significant gain,” said Bakkt CEO Gavin Michael. “Now, instead of selling and waiting to transfer to a bank, they can simply walk into their favorite store, tap their Bakkt Card and buy that new item they’ve been eyeing […] the Bakkt Card untethers Bitcoin […]