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.
An official representative of the large South Korean service Bithumb announced a partnership with Pay’s, the Korea Times reports. The main goal of the cooperation is to make transactions with digital currencies available to 6,000 retail outlets by the summer of this year. By the end of the year, the partners intend to increase this figure to 80,000.
It became known that the exchange is introducing a number of changes “due to frequent requests from clients.” (read "at the request of regulators") On March 26, KuCoin delisted 22 trading pairs
Huobi management announced that it is going to open an office in San Francisco and aims to expand its activities in the United States at the beginning of this year.
Two exchanges in Chile have asked the country's bank association (Asociación de Bancos e Instituciones Financieras, or ABIF) for help regarding the closure of their bank accounts, calling on the regulator to take a clear position on the issue.
Binance CEO Zhao Changpeng officially announced that the cryptocurrency platform is opening an office in Malta. Binance is going to enter into contracts with a number of local banks, and will also introduce a service for exchanging digital currencies for fiat for clients.
According to the Japanese publication Nikkei Asian Review, the Japanese Internet company plans to acquire a 40% stake in BitARG Exchange Tokyo next month, intending to open its own exchange using BitARG technology in about a year.
If there was any doubt about the usefulness of cryptocurrency trading, the IG Group report dispels such doubts. IG group, an over-the-counter online brokerage, published its results for the third quarter of fiscal 2018, which ended on February 28.
Contrary to reports from Japanese news outlet Nikkei, Binance has denied that the Japan Financial Services Authority (JFSA) plans to issue a warning requiring the cryptocurrency exchange to close its operations in the country.
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