Binance CEO Says Compliance Is Key for New Strategic Partnership in Japan

Binance, one of the top cryptocurrency exchanges globally, has started discussions regarding a  strategic partnership with two Japanese firms. According to a press release on Jan. 17, Binance has begun negotiations with Z Corporation, a subsidiary of Z Holdings formerly known as Yahoo Japan and TaoTao, a Japanese licensed cryptocurrency exchange.  The exact details of …

VC Giant Grayscale Investments Reports Record-Breaking Year

Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments.  By the numbers In a comprehensive eighteen-page report, the firm touted a record Q4 in 2019. It raised $225.5 million into its investment products, lifting the year’s inflow to $607.7 million after back-to-back quarterlies over $225 million, …

Ex-CFTC Chairman to Promote Blockchain-Based USD in New Think Tank

J. Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), plans to promote the blockchain-based United States dollar with a new think tank. Giancarlo, who earned the “Crypto Dad” moniker for advocating a “do no harm” approach to blockchain regulation, is now setting up a think tank called the Digital Dollar Foundation to …

Anchorage Acquires Merkle as Part of Trading Service Launch

Crypto custody company Anchorage now offers a crypto brokerage service, acquiring Merkle Data to further the service.  Anchorage has introduced an institutional crypto trading service called Anchorage Trading, and has acquired institutional-grade risk management and analytics software company Merkle Data to enhance the endeavor, Anchorage co-founder and CEO Nathan McCauley said in a Jan. 15 …

Australia’s Oldest Crypto Exchange Joins Growing Roster of Kraken Acquisitions

U.S.-based crypto exchange Kraken has acquired Australia’s oldest crypto exchange.  In a recent development, Kraken announced its acquisition of Bit Trade, an Australia-based crypto exchange formed in 2013, in a Jan. 14 press release on Kraken’s blog.  The Bit Trades website will, for the time being, still operate as it does presently, a representative from …