Binance set to launch in the USA this week, and EOS completes its first hard-fork. Lets start the show!
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Binance.US, the United States-based arm of major crypto exchange Binance, will start trading on Sept. 24, offering zero trading fees until Nov. 1, 2019. The trading pairs include major cryptocurrencies such as Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB) and the Tether (USDT) stablecoin. The exchange will purportedly list a second batch of coins soon, following an evaluation period based on its Digital Asset Risk Assessment Framework. Let’s see how they do in the USA
The United Kingdom’s Financial Conduct Authority (FCA) is proposing to ban cryptocurrency exchange-traded notes also known as ETNs — but Coinshares, a U.K.-based regulated public exchange, disagrees with that proposal.
“We believe that the FCA has not provided sufficient evidence to justify the proposed ban. Through its consultation, the regulator makes little attempt to genuinely evidence its claims and instead ‘cherry picks’ datasets in order to illustrate its perception of crypto assets, ETNs and the perceived harm the FCA believes these products cause.”
What is the future of cryptocurrency regulation in the united kingdom.
Just a reminder, we have a brand new website – jump over to cryptognt.com and have a look, we have all the latest news from the world of blockchain and cryptocurrency. You can find a link to our site in the show notes below. And now, back to today’s episode.
The Boerse Stuttgart Digital Exchange (BSDEX) has launched for select users in Germany.
The Boerse Stuttgart Group — which is Germany’s second-largest stock exchange — has launched trading on their platform.
“The market in cryptocurrencies is worth billions, and more digital assets will emerge on the basis of blockchain. Our goal is to build up the leading European trading venue for those assets.”
Boerse Stuttgart has also partnered with an external banking partner, SolarisBank AG, which will process euro payments and provide fiat custodial services. Let’s see how things work out for the exchange.
Cryptocurrency exchange OKEx has refuted claims of manipulative practices such as wash trading on its platform. The exchange recently wrote that the wash trading allegations made in a recent report from the Blockchain Transparency Institute (BTI) were “not accurate and misleading.”
How will these claims affect the future of this exchange?
EOS, which is the seventh-largest cryptocurrency by market capitalization, has completed its first hard fork. The EOS update tracking tool maintained by the chain’s block producer, EOSNation, reports that EOS block producers signaled their intent to implement the update. According to the website, this is the largest upgrade that the network has seen so far, and the first one that required a hard fork. EOS Nation also claims that 29 of the 30 top block producers committed to upgrading. What will this mean for the future of EOS?
Many thanks for tuning into today’s episode, please make sure you like share and subscribe to the show, And please remember to go check out our new website at cryptognt.com where you can find all the latest news from the world of cryptocurrency. You can find a link to the site in the show notes below. For crypto global news I’m Edward, until next time you take it easy.