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, 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.
Exclusive: Konstantin Gladych of Changelly on Platform’s Upcoming Integrations, Atomic Swaps and the Future of Bitcoin Market
FokLog spoke to Konstantin Gladych, CEO and co-founder of Changelly, during BlockShow Europe 2018 in Berlin, where he took the stage to talk about centralized and decentralized exchanges.
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.
Bisq Co-Founder Chris Beams: There’s a Fundamental and Ultimately Fatal Flaw In the Centralized Cryptocurrency Exchange Model
In the light of the recent Coincheck hack which resulted in theft of over $500 million in NEM (XEM) cryptocurrency, the ongoing debate on the importance of decentralized solutions is taking another turn highlighting issues such as the vulnerability of ‘traditional’ centralized platforms and users having to sacrifice the control.
Following the presentation of a drafted bill to place regulations on the usage of cryptocurrency in Russia on December 28, a list of approved cryptocurrency trading platforms is being developed by the Russian Ministry of Finance.
German Sterligov, an eccentric Russian entrepreneur, has launched a cryptocurrency exchange named CryptoSterlingClub Alice.
Eccentric Russian entrepreneur German Sterligov has announced that he is going to open the first official bitcoin store in Russia. However, this advocate of ‘spiritual bonds’ notes that bitcoin prices at his store will always be higher than those on the market.