Category : bitcoin exchange

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LocalBitcoins Volumes Are Dominated by Russia and Venezuela, New Data Finds

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LocalBitcoins is a good yardstick for measuring bitcoin usage on a country by country basis. A new analysis dives deeper than ever before into the data, considering metrics that have previously been overlooked. Locally Sourced Produce Though the majority of bitcoin activity occurs via online exchanges, country-specific data is hard to come by. LocalBitcoins does separate trade volume data by country but
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Binance Partners With Southeast Asian Venture Capital Giant to Launch Fiat-to-Crypto Exchange in Singapore

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Vertex Ventures invests in cryptocurrency exchange platform giant Binance to establish a fiat-to-crypto exchange service in Singapore. Vertex is a subsidiary of Temasek Holdings, and is Southeast Asia’s oldest venture-capital establishment. Details of the Deal In a press release from Accesswire published on Tuesday, October 23, Vertex Ventures network announced its strategic partnership with Binance to launch Binance Singapore. According to Bloomberg, the
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Japan Allows Cryptocurrency Industry To Regulate Itself

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Japan has given formal approval for its cryptocurrency industry to regulate itself, the Japan Virtual Currency Exchange Association (JVCEA) confirmed October 24th. JVCEA Can Police Exchanges In a significant development for the country, regulators opted to allow the JVCEA to ensure cryptocurrency exchanges followed legal requirements, a statement reads. Under the deal, the body will also have the power to punish those
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Indian Police Arrest Unocoin Co-Founder, Claim Operating Bitcoin ATM Kiosk is Illegal

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Law enforcement officers in India have arrested Unocoin’s co-founder for operating a Bitcoin ATM kiosk, which the police called illegal. More arrests are likely, according to the police. Law Enforcement in India Expects to Make Further Arrests After Jailing Unocoin Co-Founder The co-founder of India’s first bitcoin ATM kiosk was arrested yesterday, the Times of India reported. Harish BV was