Category: Crypto Exchanges

Tether slowly migrating from the Bitcoin to Ethereum blockchain

Tether’s USDT is steadily migrating from Bitcoin Omni-based addresses to Ethereum-based ones, with 40 percent of USDT now using the ERC-20 standard. Major cryptocurrency exchanges Binance and Poloniex announced they were both moving their Tether addresses from Omni. Tether addresses switching from Omni to ERC-20 While Bitcoin dominance over the cryptocurrency […]

FATF tightens grip over crypto exchanges to combat money laundering

The Financial Action Task Force (FATF), an international organization focused on preventing money laundering and financial terrorism, finalized its recommendations on regulating cryptocurrencies. The new standards will require crypto exchanges to identify their users and share that data. Crypto exchanges will be held to bank standards Regulating the crypto industry […]

Binance launching Bitcoin-pegged token on Binance Chain, other coins to follow

Binance announced the launch of native Binance Chain BEP2 tokens pegged to top cryptocurrencies “in the coming days,” starting with Bitcoin. It’s over 9000! — CZ Binance (@cz_binance) June 17, 2019 The debut token, Bitcoin-pegged ‘BTCB,’ will list on within “a day or so” tradable against BTC, and […]