Russia May Legalize Cryptocurrency Exchanges

The Russian parliament is preparing a bill that, if passed, may legalize e-cash and establish legal grounds to open regulated cryptocurrency exchanges, according to Elina Sidorenko, the head of the the Russian Central Bank’s working group on cryptocurrencies.

InChain Set to Provide Assets Insurance at Cryptocurrency Exchanges

The idea of creating an insurance platform for the cryptocurrency industry has been on the front burner for a while. There are plenty of stories telling how blockchain and bitcoin related projects fail because of hackers, insufficient security or simply human errors. All these factors impede the industry’s development, scare.

Bitfinex Operations Restored

Cryptocurrency exchange Bitfinex has announced it restored its operations, and activated depositing and withdrawing funds. All currency pairs are to be available for trading, while depositing and withdrawing is currently available for BTC, ETH, ETC and USD only.

Kraken Exchange to Supply Market Data for Bitcoin Price Indices

Kraken, San Francisco-based cryptocurrency exchange in Euro volume and liquidity, has announced on May 3, 2016, that it was selected as a key supplier of market data for reference and real-time bitcoin price indices that will be launched by CME Group, joint operator of the S&P 500 and Dow Jones.

CEX.io Launches Instant Transfer to Payment Cards

Cryptocurrency exchange CEX.io has announced a new option that enables users to instantly withdraw USD, EUR, and RUB to their payment cards. Thus, the company has successfully supplemented its fiat services for Visa and MasterCard. CEX.io’s CEO Alexander Lutskevich said in a statement: “Global penetration of payment cards happily entwines.