Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system.
Cryptocurrency exchange OKEx has added the Vietnamese Dong (to its Customer-to-Customer (C2C) trading system, enabling Vietnamese customers to exchange their fiat currency for tokens on the platform.
The new model will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts at rates that will depend on the security level of the exchanges they choose to use.
The CFTC has fined Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme. The same day, a District Court in the Northern District of Illinois sentenced Kim to 15 months on wire fraud charges.
In an apparent first, the U.S. Securities and Exchange Commission (SEC) has charged the founder of EtherDelta, Zachary Coburn, with running an “unregistered national securities exchange.”
Tether stated that Deltec accepted it as a client after a “due diligence review” was carried out, which included an assessment of the company’s ability to maintain its $1 peg, which slipped last month.
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