Gatecoin to Cease Operations Due to Court Decision

Exchange faced a situation in which it was unable to fulfill its obligations, and on March 13 the court decided to start immediate liquidation
15 March 2019   326

Hong Kong cryptocurrency exchange ceased operations by a court decision after an unsuccessful attempt to return funds in a dispute with a payment provider. The corresponding statement is posted on the official website of the platform.

Gatecoin Statement
Gatecoin Statement

It became known earlier that Maltese banks refuse to open their accounts to cryptocurrency services due to “high risks”.

Binance Android App to Support CC Payments

Additionally, crypto-fiat exchange Binance Singapore was launched
25 April 2019   70

Binance has updated the application for the Android OS. Now users can buy cryptocurrency using their credit cards.

In particular, the feature of buying Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash with your credit card is now available.

At the same time, the launch of the Binance Singapore crypto-fiat exchange took place. So far, only one trading pair is available to users of the site - BTC / SGD, but later in the listing other coins may appear.

Singapore users need not only to create an account, but also to link it to an account in the local Xfers payment service, which provides cryptowallet approved by local regulators.

It is noteworthy that earlier Xfers was a partner of Coinbase, when the latter launched its services in Singapore, but relations between the companies were terminated.