South Korean Crypto Exchanges Banned From Handling Coins They Issued Themselves – Bitcoin News World
Cryptocurrency exchanges

South Korean Crypto Exchanges Banned From Handling Coins They Issued Themselves – Bitcoin News World

Exchange tokens are falling under the scrutiny of South Korean regulators. The increased regulatory scrutiny that befell South Korea’s cryptocurrency space in recent times appears to have extended to include exchange tokens. Exchange tokens are tokens issued by a cryptocurrency exchange that usually offer some benefit to the holder, either through reduced trading fees, regular…

The future of cryptocurrency: Could it replace the US dollar?
Cryptocurrency exchanges

The future of cryptocurrency: Could it replace the US dollar?

Cryptocurrency, which some see as the currency of the future, has had a rough ride lately. After reaching an all-time high in April, it tanked. Still, many wonder if this form of digital currency might replace the almighty dollar. Justin Verley’s phone doubles as a wallet. His cards are attached to the back and he …

Bitcoin tops $40,000 after Musk says Tesla could use it again
Bitcoin news

Bitcoin tops $40,000 after Musk says Tesla could use it again

LONDON/SINGAPORE (Reuters) -Bitcoin climbed above $40,000 on Monday, after yet another weekend of price swings following tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it. Bitcoin has gyrated to Musk’s views for months since Tesla announced a $1.5 billion bitcoin purchase in February and said it would take the cryptocurrency in payment.

Web traffic for cryptocurrency exchanges hit all-time high in May
Cryptocurrency exchanges

Web traffic for cryptocurrency exchanges hit all-time high in May

Crypto exchange Web traffic hit a record high of 638.2 million visits in May, according to SimilarWeb data compiled by The Block.  Traffic to crypto exchanges grew 20.4% in May compared to April’s figure. May’s 638.2 million in crypto exchange traffic drew 108 million more hits than the last all-time high, which occurred in January …

CoinShares lists physically-backed crypto ETPs on German exchange
Cryptocurrency exchanges

CoinShares lists physically-backed crypto ETPs on German exchange

European digital asset manager CoinShares is expanding the reach of its physically-backed exchange-traded product (ETP) portfolio with a new listing in Germany. According to an announcement on Monday, CoinShares Physical Bitcoin (BTC), Ether (ETH), and Litecoin (LTC) ETPs have cross-listed on major German exchange Deutsche Boerse Xetra. The digital asset manager started the year by […]