Huobi Labuan said it’s been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services.
United Overseas Bank, Singapore’s third-largest bank by total assets, appears to be developing a crypto custody solution.
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“Whales are transferring bitcoin to exchanges. The cryptocurrency may trade in a sideways-to-negative manner,” said one analyst.
Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China.
“We have, I would say, a natural preference for public blockchains,” said Stenger, in an interview with The Block.
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The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.
Xi Jinping pushed for digitally enhanced trade among Southeast Asian nations in a keynote at the China-ASEAN Expo on Friday.
A Chinese court’s final judgment on the case has detailed the breakdown for the first time of all the crypto assets seized by police.
The post Chinese police have seized $4.2 billion cryptos from PlusToken Ponzi crackdown appeared first on The Block.
The Facebook-led Libra Association is reportedly targeting the launch of its first stablecoin in January of next year.
The post Facebook’s Libra could launch its first stablecoin in January: Report appeared first on The Block.
Libra might eventually get off the ground as early as January albeit in a more limited format.
