When Bitcoin was released in 2009 you couldn’t trade it with any other cryptocurrency since Bitcoin was the only coin available. All you could do is buy bitcoin using the traditional currency like the U.S. dollar and wait for its value to grow.
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Binance has decided to launch a new crypto exchange called Binance Jersey. The intention behind this is to allow users to trade new fiat pairs including GBP and EUR.
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Old pioneering crypto exchange, Coinfloor, has revealed plans to lay off a substantial number of their employees following a bearish year for cryptocurrencies and the firm.
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The Bank of Mexico (Banxico) has revealed its intention to impose stricter rules and regulations on the cryptocurrency sector. This includes compulsion of crypto exchanges and banks in the business of cryptocurrency in the country to obtain a permit from the apex bank. Banxico published this via a circular in Diario Oficial de la Federación, the official daily of the Mexican authorities.
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Bitcoin (BTC) prices fell by more than 5% this Friday after the Japan financial regulator issued an ordinance to several cryptocurrencies exchanges to review their business practices. The currency reached a low of $6,307.31, breaking below $6,400 for the first time since the historic December 2017 rally.
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