Japan has confirmed its status as the most progressive country with regard to cryptocurrencies adoption. Four more digital currency exchanges got their license recently. Tokyo Bitcoin Exchange Co. Ltd, Bit Arg Exchange Tokyo Co. Ltd and FTT Corporation will provide only bitcoin trading service. Xtheta Corporation will give access to several altcoins as well. … [Read more...] about Several new cryptocurrency exchanges approved in Japan, bitFlyer expands to US
Nasdaq to join the rush to trade bitcoin futures in 2018
According to Wall Street Journal, Nasdaq, one of the largest exchange operators in the world, plans to launch bitcoin futures next year, as early as the second quarter of 2018. … [Read more...] about Nasdaq to join the rush to trade bitcoin futures in 2018
600+ stores will accept bitcoins in the largest underground mall in Seoul
Goto Mall, Seoul's underground shopping center, will enable its stores to accept bitcoin as a payment method beginning mid-December (just before the start of Christmas shopping). … [Read more...] about 600+ stores will accept bitcoins in the largest underground mall in Seoul
The Philippines could legalize digital currencies as securities
According to the Philippines' Securities and Exchange Commission (SEC), regulators are taking steps that could legalize the use of cryptocurrencies in the country by classifying them as securities. … [Read more...] about The Philippines could legalize digital currencies as securities
Square implements option to buy and sell bitcoin in its Cash app
PoS solutions provider and mobile payments operator Square, Inc., based in San Francisco, has recently announced it started a pilot program that would allow users to buy and sell bitcoin via its Cash app. During the testing phase the option has been made available to limited number of users. … [Read more...] about Square implements option to buy and sell bitcoin in its Cash app
French asset management company TOBAM launches bitcoin mutual fund
A small Paris-based asset management firm TOBAM (~ $9 billion of assets under management) announced on 22 November, 2017 that it had launched a bitcoin mutual fund, the first of its kind in Europe. The fund has been approved by France's financial regulator, the Autorite des Marches Financiers (AMF), and is classified as an alternative investment fund. … [Read more...] about French asset management company TOBAM launches bitcoin mutual fund
Bitcoin adoption grows rapidly in Japan
Despite some governments' efforts to play down the importance of cryptocurrencies, Japan legalized bitcoin as a legal payment method in April 2017. There's been a lot of progress since then. … [Read more...] about Bitcoin adoption grows rapidly in Japan
Seasoned investor Novogratz predicts rapid bitcoin adoption by institutional investors
Mike Novogratz, the former hedge fund manager at Fortress Investment Group, believes that institutional investors will adopt bitcoin in about six to eight months. … [Read more...] about Seasoned investor Novogratz predicts rapid bitcoin adoption by institutional investors