BitMEX Reaches Agreement With CFTC, Why It Could Mark A New Era For Crypto

Crypto derivatives platform BitMEX and five associated companies have reached an agreement with the U.S. Commodities Futures Trading Commission (CFTC), per an official press release. The institution revealed that the U.S. District Court for the Southern District of New York approved a “consent order” against these entities. In October 2020, BitMEX and the aforementioned companies […]

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Crypto Trading is Now Legal in South Korea

South Korea’s parliament has officially recognized crypto trading as legal in the country. The move comes after two years of deliberations into how to develop concrete guidelines for cryptocurrencies. South Korea Legalizes Crypto Trading According to The News Asia, South Korea’s National Assembly passed an amendment to its Reporting and Use of Specific Financial Information […]

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Bitcoin Mining is Not Banned in China: Report

All bitcoin and crypto market bullishness is emanating from China at the moment. One industry insider has just revealed that, contrary to earlier reports, China will not be banning bitcoin mining. No Bitcoin Mining Ban in China Within the past hour or so Chinese industry insider and Primitive Crypto founding partner, Dovey Wan, posted an […]

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Deloitte Tests Bitcoin (BTC) Payments for Staff

Deloitte is offering Bitcoin (BTC) payments to its staff as a test for adoption, reported the Luxembourg Times. Bitcoin payments may be returning as BTC now carries more transactions for lowered fees. BTC Once Again Attractive for Payments Deloitte has launched limited BitPay options for its employees. BTC payments were available back in 2017 in […]

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