In our “Stock” section, we cover news and developments related to traditional financial markets and publicly traded companies. Here you will find information about stock market trends, major companies, and the intersection between stocks, fintech, and cryptocurrencies. Read the “Stock” section on ForkNews to stay informed about movements in the global financial markets.
South Korean cryptocurrency exchange Coinone will provide its services in Indonesia, according to a press release published on the company's website on Monday, April 16. The company is now receiving permission to open a branch, which is scheduled to begin operations in June.
In an effort to strengthen its position in the cryptocurrency space, popular cryptocurrency exchange Coinbase on April 13 announced the acquisition of Cipher Browser, a free Ethereum mobile wallet, and a web3 browser dapp that is similar to its own Toshi product.
The high cost of doing business in Japan and regulatory pressure are forcing the veteran digital platform, the American crypto exchange Kraken, to leave this market after 4 years of successful operation.
Progressive financial institutions have no doubt that bitcoin and new digital assets could be the future of the financial sector. Betting on the future, the Börse Stuttgart stock exchange, which is the second largest in Germany and ninth in Europe, will launch a cryptocurrency trading app.
On April 13, 2018, the Commodity Futures Trading Commission (CFTC) published the first weekly report on the obligations of traders of the Chicago Mercantile Exchange (CME)
One of the divisions of the Japanese Internet giant GMO Internet, the GMO Coin crypto exchange, offers its clients a new type of income: interest on cryptocurrency deposits. The mechanism for the “growth” of bitcoins remains unclear. After all, traditionally, banks take money from depositors, and then issue loans in fiat and receive income thanks to the difference in interest rates. Bitcoin, on the other hand, increases in value over time and has no demand for loans.
In a notice to its clients, Indian cryptocurrency exchange Coinsecure said that hackers stole 438 BTC from the platform - $3 million at today's exchange rate.
Malta has been dubbed the “blockchain island” as more and more leading cryptocurrency companies are showing interest in the country’s favorable legal and tax environment for crypto businesses.
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