Australia Rolls Out New Crypto Exchange

Blockbid Beta launch is set to go live on April 16, 2018
16 April 2018   203

It has emerged that there is a new cryptocurrency exchange which is launching with headquarters in Australia. Previously, we have reported that Australian Transaction Reports and Analysis Centre has announced the new regulatory requirements for digital currency exchange providers which came into force from April 3, 2018.

A week ago, Blockbid exchange became one of the recipients of an AUSTRAC license, meaning they have been granted permission to legally operate as a cryptocurrency exchange, according to Australian law. Blockbid is a secure exchange with the goal of facilitating the highest volume of trades for the most cryptocurrencies with a single login.

Blockbid announced in its press-release that its Beta launch is set to go live on April 16, 2018. The platform will allow operation in fiat and cryptocurrency, including Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BCG), Litecoin (LTC), Ripple (XRP), USD, AUD, JPY and EUR.

Nexon Can Buy Bitstamp For $350M

Bitstamp is one of the oldest cryptocurrency exchanges and has 3 million users
25 April 2018   53

South Korean company Nexon is negotiating the purchase of the oldest bitcoin-exchange Bitstamp, founded in 2011. This is reported by Business Insider with reference to informed sources.

According to the publication, the deal can amount up to $ 350 million. In addition, according to sources, Bitstamp is negotiating with another unnamed buyer.

Bitstamp takes the 13th place among the crypto-currency exchanges in the daily trading volume and has 3 million registered accounts. It should also be noted that this platform is the only licensed in Europe.

Representatives of both organizations refused to confirm or deny the fact of the negotiation process, however, Bitstamp advised the media to closely monitor all official statements regarding this issue.