Bittrex to Leave Blockchain Island in Malta, Setup Exchange Business Operations to Liechtenstein

European Country Liechtenstein to become the new home of Bittrex cryptocurrency exchange as the trading platform’s main office exits ‘Blockchain Island’ in Malta. Bittrex has declared that it’s shifting their headquarters from Malta to Liechtenstein. The purpose behind the change in location has not yet been uncovered. However, the closing of Bittrex International was announced…

Parliament of Liechtenstein Passes New Blockchain Act

The Parliament of Liechtenstein unanimously passed a Blockchain Act on October 3. This act, officially known as the Act on Tokens and Entities Providing Services Based on Trusted Technologies is aimed at improving protection of investors and combating money laundering. The act will go into force on January 1, 2020. According to the parliament, it…

South Korean Crypto Exchange Bithumb Launches Over-The-Counter Trading Platform

South Korean Crypto Exchange Bithumb Launches Over-The-Counter Trading Platform

South Korea’s major virtual currency exchange Bithumb has officially launched an over-the-counter (OTC) trading desk under the Ortus brand, according to a press release published on Feb. 7. Hong Kong-based entity Bithumb Global Limited owns the rights to the Ortus brand, which specializes in services for institutional investors. After completing Know-Your-Customer and Anti-Money Laundering inspections,…