Is Bitcoin Legal Tender? Kenya’s Parliament Gives Treasury 2 Weeks to Decide

Kenyan MPs have given the Treasury secretary a two-week deadline by which he must decide the fate of bitcoin and other  cryptocurrencies, specifically regarding their status as legal tender in the nation of 48 million people. The deadline follows a warning issued in April by the Central Bank of Kenya (CBK). The Finance and National Planning […]

Ethereum Sharding Slated for 2020: ETH Foundation Researcher Justin Drake

Sharding, a much-anticipated Ethereum scaling solution, could be implemented as soon as 2020, Ethereum Foundation researcher Justin Drake said on Friday. Speaking to TechCrunch, Ethereum researchers including Drake and co-creator Vitalik Buterin discussed scaling solutions and the future of the project, outlining specific goals and functions of their upcoming new features. Discussing scaling, Buterin said […]

Gemini Exchange Hires Technology Executive from the New York Stock Exchange

The Gemini cryptocurrency exchange has announced that it has hired its first chief technology officer. Robert Cornish previously served as the chief information officer at the New York Stock Exchange. Gemini Poach Talent from Traditional Asset Sector In a statement reported by Bloomberg, the Gemini digital asset exchange platform have announced that Robert Cornish is […]

Winklevoss Twins Poach NYSE Executive to Serve as Gemini’s First CTO

Gemini, the Winklevoss twins’ cryptocurrency exchange, has joined the trend of hiring institutional trading executives for crypto exchanges by hiring Robert Cornish of the New York Stock Exchange (NYSE) to serve as its first chief technology officer. Cornish oversaw Pillar, the project aimed at revamping the NYSE‘s famous Big Board and its outdated electronic trading platforms. […]

Bitcoin Magazine’s Week in Review: Exchanges, Altcoins and Allegations

Coinbase continues to grow with their new high-end investment product Coinbase Custody, while Binance had to run a system update following some issues with its Syscoin wallet API. On the topic of regulation, the EU has put out another report on virtual currencies warning officials not to ignore them but treat them like any other […]

Swiss Stock Exchange Operator Plans to Launch Crypto Exchange

SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch “the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading” while providing a safe environment where digital assets can be issued […]

HBUS Opens its Digital Currency Trading Platform to U.S. Customers Today

HBUS, a virtual currency marketplace and the U.S. strategic partner of Huobi, has begun accepting new registration from U.S. residents, starting today July 6, 2018. American customers will be able to deposit cryptocurrencies such as bitcoin and ether on its platform. However, users won’t be able to trade or make withdrawals until the marketplace goes […]