Lucky number 6: ORCA Makes Crypto to Fiat Withdrawal Under Six Seconds

Instant crypto withdrawals are now a reality. The bridge connecting cryptocurrencies with regular finance is being built brick after brick. Fintech start-up ORCA has presented their technological case for the community during a live event streamed online. ORCA completed a transfer from a cryptocurrency exchange straight to user’s bank account.

Binance Eyes Euro Trading Pairs This Year

Binance, one of the world’s most popular and most successful cryptocurrency exchanges, plans to offer traders the ability to trade cryptocurrencies for euros with other fiat currency trading pairs in the works.

Russian Government to Control Bitcoin to Fiat Exchange Operations

The Russian government has prepared a memo on the law “On digital financial assets” that states the “exchange of cryptocurrencies for fiat money to the amount of 600,000 rubles (around $10,000) and more has to be subject to mandatory currency control,” Russian publication Izvestiya reports.