Bitcoin Cash is introduced to Thomson Reuters Eikon platform

Now Eikon Platform gives direct access to Bitcoin Cash data to over 300,000 financial professionals
19 December 2017   1142

Eikon platform is Thomson Reuters' answer to Bloomberg Terminal – financial tracker for professionals working in hedge funds, asset management and other institutions. Thomson Reuters Corporation (NYSE: TRI), headquartered in Toronto, is a multinational information and mass-media company, which made a fortune as a financial info broker.

Eikon had Bitcoin tracking added back in mid 2014, and now expanded its services to cover Bitcoin Cash (BCH). This can be considered an answer to the main competitor Bloomberg, who recently added Ethereum, Ripple, and Litecoin coverage to their platform, seeing the rise of these major altcoins.

Bitcoin Cash recently has seen a rise in popularity, backed by Bitpay announcement from just a couple days before, that they will start BCH payment processing for invoices.

The topic at hand, namely adoption by Eikon platform, can be considered as a major step toward widespread adoption of BCH, Eikon being one of the flagship platforms for a variety of financial brokers and managers. The platform provides low-latency connection to a number of exchanges, deep-liquidity pools and OTC-traded markets.

Line to Launch Own Cryptoexchange

BitBox cryptocurrency exchange won't be available for US and Japanese citizens
28 June 2018   305

The developer of the Line instant messenger confirmed the information that it will launch a cryptocurrency exchange called BitBox next month. This is reported by TechCrunch.

In January, the company said that it plans to enter the cryptocurrency area with the launch of its own trading platform, but today it specified that BitBox will not be available to users from the US and Japan.

The new site will support 30 cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin, and charge a commission of 0.1% for transactions. Line reported that it was taking tokens during the “an extensive screening process” which saw an internal commitment asses what on the market represents “the most reliable and safest trading for users.”

BitBox will be available worldwide, except for the two countries mentioned above, in 15 languages. New platform won't support fiat.

Every month, 200 million people use the Line Messenger. The possibilities of the service are not limited to the transmission of messages. It also allows to listen to music, send payments, etc. Most Line users live in Japan, so excluding Japanese traders will significantly limit the potential impact of BitBox.