China’s exchange ban starts closing services
September has been a wild ride for Bitcoin, echoing January 2017 as a month dominated by news driven by the Chinese government. The current round of announcements began on the Sept 4, when the government made the sale and trading of ICO tokens illegal across China. Many of these digital assets were traded on bitcoin exchanges.
Cancoin is building a LocalBitcoins alternative for professional OTC bitcoin traders
Cancoin is a new peer-to-peer (P2P) bitcoin exchange based in Canada, aimed at professional over-the-counter (OTC) traders. “The OTC market for Bitcoin is bigger than the exchange market,” Civic CEO and Gyft co-founder Vinny Lingham wrote in the summer of 2016. “Exchanges set the price but large trades don't happen there.”
Japanese internet giant, GMO, entering bitcoin exchange and wallet markets
The largest internet conglomerate in Japan, the GMO Internet Group, recently announced that they will be diving into the cryptocurrency industry, adding another own wallet and exchange to the already-competitive Japanese Bitcoin landscape. A new company founded specifically for this venture, GMO Wallet Co., Ltd., was founded in October.
Bitstamp tackles the foreign exchange market, launches EUR/USD trading pair
As of today, Bitstamp clients are now able to trade Euros for Dollars on the Luxembourg-based bitcoin exchange. “We are excited to announce that our clients can now use our new EUR/USD trading pair,” the company said in a statement on Monday. “The new trading pair allows for better mobility of funds and new arbitrage opportunities.”
Kraken’s business booms, as Money Partners Group joins SBI Investment in ‘multi-million dollar’ investment
Launched in September 2013, Kraken is the world's largest global bitcoin exchange in euro volume and liquidity. The San Francisco-based company has seen extraordinary growth lately, expanding its business in Europe, North America, and Asia. The company acquired prominent bitcoin exchanges Cavirtex and Coinsetter in January, enabling the expansion into Canada, 37 American states, and Washington DC.
Korbit launches Hyphen to provide cross-border payouts powered by blockchain tech
South Korea’s first bitcoin exchange and blockchain remittance provider is expanding into a more robust role offering APIs to other companies at very low fees.
Coin.mx owner charged with orchestrating ‘cybercriminal enterprise’
The owner of Coin.mx, Gery Shalon, has been charged with a stack full of cyber crimes, including hacking into major financial corporations such as JP Morgan, E*Trade, Scottrade and Fidelity. The JP Morgan hack was the largest single theft of customer data from a US financial institution in history.
Patrick Byrnes Battle With Stock Market Manipulation Continues
[TØ](https://www.t0.com/) is a new blockchain platform built to enable cryptographically secure markets, that can be used for real-time [short sales](http://www.investopedia.com/university/shortselling/shortselling1.asp), in full compliance with SEC regulations. The subsidiary of [Overstock](http://www.overstock.com/) recently completed a [production beta short sale](http://investors.overstock.com/phoenix.zhtml?c=131091&p=irol-newsArticle&ID=2097753), secured by the Bitcoin blockchain.
New York Bitcoin Industry Recovering After BitLicence Fallout
itBit received it’s Trust Charter in May this year, which made the company the first Bitcoin Exchange to operate as a Trust Company in New York State. On Thursday, the Winklevoss twins launched their exchange, having also received regulatory approval.
Iran’s First Bitcoin Exchange Launching
BTXCapital has announced the launch of Iran’s first Bitcoin exchange, a country historically sanctioned by western countries leading to fewer payment providers.
How Bitcoin ETFs are Opening Markets
Bitcoin-backed Exchange Traded Funds are on the rise internationally. While US residents await approval of the first SEC approved fund, other jurisdictions are moving forward.
Bitcoin Exchange Harborly Shuts Down Due To Shrinking Market Opportunity
The North American bitcoin exchange recently announce that it will be shutting down its operations, and its founders will pursue different opportunities. The news comes just months after the angel funded exchange announced the launch of its services.
Institutional Bitcoin Exchange Gemini Prepares for Launch
The Winklevoss twins, best known for their dispute with Mark Zuckerberg over the idea for Facebook, will open their institutional bitcoin exchange ‘quite soon,’ according to a recent email.
Coinify Becomes Leading European Bitcoin Payment Firm
Bitcoin merchant network Coinify has acquired payment processor Coinzone, for an undisclosed amount. The acquisition makes Coinify one of the leading bitcoin merchant firms in Europe, one of the strongest regions for digital currency adoption.
BitFlyer Raises $4m In Funding
Japanese bitcoin exchange bitFlyer raises ¥510,000,000 ($4M USD), from investors including the venture capital arm of Mitsubishi UFJ Financial Group Inc, the second largest publicly traded Japanese company.
Bitcoin Exchange Coinsetter Launches Margin Trading, and Shorting
North American bitcoin exchange Coinsetter has become the first US startup to offer leveraged bitcoin trading.
