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Exchanges
Korea's Tax Agency to Withhold $70M From Crypto Exchange Bithumb
South Korea's National Tax Service will withhold tax worth $70 million from the country's largest crypto exchange Bithumb.
Crypto Custodians Grapple With Germany's New Rules
While a grandfather clause allows crypto custodians to keep serving German customers without being penalized, those same companies are waiting on financial regulator BaFin to release final regulations around the law.
Bomb Threats Demanding Bitcoin Force Evacuations Across Russia
Someone has been sending bomb threats across Russia for a month, demanding $870,000 worth of bitcoin supposedly stolen from the defunct cryptocurrency exchange WEX.
Ex-Kraken Employee Alleges 'Unethical and Illegal Tactics' in Discrimination Lawsuit
The cryptocurrency exchange is being sued by an ex-employee who alleges the company unfairly fired him for raising serious issues with its business practices.
Circle Pivots to Stablecoin Platform as More Execs, Teams Depart
Circle will focus on its stablecoin business next year, following the sale of its OTC desk to Kraken and the departure of its chief financial and legal officers.
State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial
Boston-based State Street Corp. is partnering with cryptocurrency exchange and custodian Gemini Trust on a new pilot that examines reporting scenarios for digital assets.
Binance Adds New Fiat Payment Options Through Integration With P2P Exchange Paxful
Binance has teamed up with peer-to-peer bitcoin exchange Paxful to enable users to purchase bitcoin with 10 more fiat currencies.
Cryptopia’s Liquidator Claws Back Nearly $5M, But Identifying Crypto Ownership a 'Mammoth Task'
The liquidator for the collapsed New Zealand-based crypto exchange Cryptopia now has NZ$7.2 million on balance for potential user refunds. Finding out who's owed what, though, is proving a tough task.
Huobi US Is Abruptly Halting Exchange Operations
HBUS says customers should withdraw all funds by Jan. 31, 2020.
The Safello Story: Smaller Crypto Exchanges Must Partner to Survive
In the dog-eat-dog world of cryptocurrency exchanges, smaller startups that don’t attract the volume of megaliths like Binance, Coinbase and Kraken must band together to survive turbulent market cycles.
