Bitstamp In Talks To ‎Be Acquired for $400M, New York Times ‎Reporter Says

A group of South Korean investors is reportedly in discussions to acquire Bitstamp, a EU-‎licensed digital currency exchange, The New York Times reporter Nathaniel Popper tweeted ‎yesterday, citing highly placed sources with knowledge of the matter.‎ Bitstamp did not respond to a request for comment on the pending transaction. At ‎press time, industry news outlets […]


Yahoo Japan’s Forex Arm To Acquire Stake in Cryptocurrency Exchange ‎BitARG

Yahoo Japan Corporation (TYO:4689) plans to acquire, revamp a cryptocurrency exchange, a move that ‎comes as Tokyo police is investigating such operators after the massive theft from Japan’s ‎mega cryptocurrency exchange Coincheck Inc.‎ Through its retail forex brokerage arm, YJFX!, Yahoo Japan will take a 40 percent stake in the ‎BitARG exchange, which is regulated […]


China Securities to Join Bloomberg Barclays Global Aggregate Index

Chinese yuan-denominated government and policy bank securities will be added to the Bloomberg Barclays Global Aggregate Index starting 2019, Bloomberg said in a statement on Friday. According to the statement, the securities will be included as part of the index once the People’s Bank of China (PBoC) and China’s Ministry of Finance proceed with the […]


Payza Shut Down in $250M Money Laundering Case, Founder ‎Arrested in Detroit

Popular online payment processor ran some $250 million money-‎‎laundering operations, providing a global hub for criminals’ ‎‎activities in everything from Ponzi schemes to child pornography, federal ‎‎prosecutors in Washington said.‏ Firoz Patel, 43, and Ferhan Patel, 37, the two Canadian brothers who founded‎‎ Payza are accused of operating the cryptocurrency-friendly platform beyond the ‎‎regulatory […]


Shorcan DCN Partners with Paycase to Launch New Crypto Brokerage

Cryptocurrency trading continues to see a healthy demand in the institutional space, notably in North America. This includes TMX Group, with its subsidiary Shorcan Digital Currency Network (DCN) launching a new crypto brokerage service. The new initiative constitutes a joint venture with Toronto-based Paycase Financial, focusing on both Bitcoin and Ethereum. The launch of a […]