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BUSINESS

Turkish Government Requiring Exchanges To Report Bitcoin Trades Over $1,200

Oluwapelumi Adejumo -
Turkey is instituting a reporting requirement for large trades, including bitcoin, from cryptocurrency exchanges.
BUSINESS

Coinbase Adds PayPal As Payment Option For U.S. Users

Oluwapelumi Adejumo -
Major cryptocurrency exchange Coinbase now lets U.S. users invest in bitcoin and other cryptocurrencies using their PayPal accounts.
MARKETS

Bitcoin Peer-To-Peer Trading In Nigeria Rises 27% Since Central Bank’s Ban

Namcios -
Nigerians have resorted to peer-to-peer trading after the Central Bank of Nigeria banned regulated institutions from dealing with bitcoin in February.
MARKETS

Bitcoin Price Drops Below $50,000, Over $1 Billion In Trades Liquidated

Dylan Leclair -
The recent drop in bitcoin’s price has contributed to margin liquidations exceeding $1 billion.
BUSINESS

CEO Of Turkish Exchange Thodex Flees Country, Leaves User Funds Irretrievable

Namcios -
The CEO of Thodex, a Turkish cryptocurrency exchange established in 2017, has fled the country and left user funds irretrievable.
BUSINESS

OKEx Integrates The Bitcoin Lightning Network

Namcios -
OKEx has announced that it has integrated Bitcoin’s Lightning Network, allowing users to send and receive bitcoin in near real-time at almost no cost.
BUSINESS

Bitcoin Surge Has Kraken Considering Direct Listing

Oluwapelumi Adejumo -
Cryptocurrency exchange Kraken is reportedly considering following in Coinbase’s footsteps and conducting a direct public listing.
BUSINESS

IRS Summons Of Circle And Poloniex User Data Authorized

Ahyke Otutubuike -
An IRS summons compelling Circle to provide data on customers who made significant cryptocurrency transactions has been authorized.
MARKETS

In Going Public, Coinbase Will Bring Bitcoin Exchanges To The Big Leagues

Muneeb Jan -
Following a momenumentous S1 filing, the cryptocurrency exchange Coinbase appears poised to shift the public perception of exchanges at large.
GUIDES

What Is KYC?

Bitcoin Magazine -
Know Your Customer (KYC) guidelines are requirements that compel financial services providers to make an effort to identify their customers. Fulfilling KYC requirements often...
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