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Bitstamp, Inc., bitFlyer USA, Inc., Bittrex, Inc., and Gemini Trust Company, LLC, have joined hands to form the Virtual Commodity Association (VCA) Working Group. The working group will work towards establishing an industry-sponsored, self-regulatory organization (SRO) to oversee virtual commodity marketplaces, the group said on Monday. The VCA will develop...
Two new cryptocurrency exchanges have been authorized by the Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, to process conversions between cyrptocurrencies and the Philippine peso. BSP’s deputy governor Chuchi G. Fonacier said the Philippines central has approved applications filed by Virtual Currency Philippines, Inc. and ETranss as platforms,...
Bitcoin’s creation was aimed at destroying the centralised nature of fiat currencies. Since its inception, it has steadily reshaped the way we think about money and how we assign value to something that is tangible or not. Yet, even though Bitcoin is decentralised it remains under the influences of...
SBI Holdings has announced the launch of VCTRADE, the first cryptocurrency exchange owned by a Japanese financial institution. The launch was delayed due to security concerns and VCTRADE is currently only available to around 20,000 pre-registered users, with a wider roll out of services expected in July 2018. Ripple (XRP) will...
The world’s first zero-trading-fee cryptocurrency exchange is aiming to provide a platform for its users that’s open, frictionless, and participatory. Amid the rising interest with cryptocurrencies and the blockchain, delivering a service to a fast-growing cryptocurrency trading community may seem easier said than done. Yet, for Singapore-based ABCC (AlphaBit CryptoCurrency)...