CipherTrace Expands Monitoring Platform to 700 Tokens

United States-based blockchain security firm CipherTrace has expanded its crypto intelligence platform to 700 tokens. Tracing hundreds of ERC-20 tokens With the expanded platform launched on Oct. 15, CipherTrace now allows clients to trace more than 87% of the transactional volume of the top 100 cryptos such as Ether (ETH), Tether (USDT), Bitcoin Cash (BCH)…

Winklevoss’ Gemini Crypto Exchange Launches Custody Service

The New York-based cryptocurrency exchange Gemini, founded in 2014 by twin brothers Cameron and Tyler Winklevoss, has launched its own custody service, Gemini Custody. In a news release shared with Cointelegraph on Sept. 10, Gemini said the newly launched custody solution will allow its customers to check balances, download account statements, initiate withdrawals, and grant…

Japan Grants Crypto Exchange License to Messaging Giant LINE

LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant LINE, has obtained a crypto exchange operating license from Japan’s financial regulator. The news was reported by Cointelegraph Japan on Sept 6. Trading for 5 major cryptocurrencies As previously reported, LVC Corp.’s trading platform, to be dubbed BITMAX, will enable Line’s 80 million…

Nexo Launches MasterCard-branded Crypto Credit Card

Instant crypto loans firm Nexo is launching a MasterCard-branded cryptocurrency credit card. The development was announced in a press release shared with Cointelegraph on Aug. 2. “World’s first” Nexo claims the Nexo Card to be the first card in the world that enables users to spend the value of their cryptocurrency without in fact spending…

UK Financial Regulator FCA Won’t Regulate Bitcoin and Ether

Britains’ financial regulator, the Financial Conduct Authority (FCA), will not regulate Bitcoin (BTC) as a part of its recent guidance on crypto assets. On July 31, the FCA issued its finalized policy statement on cryptocurrencies in a document titled “PS19/22: Guidance on Cryptoassets.” The document represents an updated version of a consultation paper on crypto…