Read a fresh portion of crypto news! The cryptocurrency landscape is evolving rapidly, with major players making strategic moves to expand their services and reach. Early 2019 has witnessed significant crypto developments, from acquisitions to new market entries. Let’s dive into the latest news shaping the industry.
Crypto news: Kraken acquires UK crypto futures exchange
US-based crypto exchange Kraken has bought Crypto Facilities for at least $100 million. This purchase makes Kraken the first major exchange to offer futures trading, as Crypto Facilities is Europe’s only regulated crypto-derivative platform registered by the FCA.
Huobi extends BSV support to Japan and Korea
Huobi Wallet now supports Bitcoin SV for customers in Japan and Korea. This expansion gives users full access to currency trading through secure, personal wallets, enhancing Huobi’s product offerings in these key markets.
Crypto news from New Zealand – police say Cryptopia is ready to resume trading
In other news, the Cryptopia exchange may reopen soon. It had a security problem recently, but now things are looking up. New Zealand police say the exchange can access its building again. However, the owners haven’t said anything yet about reopening.
Bithumb to launch a new crypto exchange in UAE
On the expansion front, South Korean exchange Bithumb is entering the Middle East market. They’ve partnered with a UAE company to start a new exchange there. This smart move could make Bithumb a leader in the growing Middle East crypto market.
Coinbase launches PayPal withdrawal support for EU users
Lastly, Coinbase has good news for its European users. They can now withdraw money directly to PayPal. This option is available in all EU countries, plus Iceland, Norway, and Switzerland. Before, they could only use SEPA or UK Faster Payments. Now, it’s even easier to get their money out.
To sum up, these updates show how fast the crypto world is changing. Exchanges are growing, improving security, and making things easier for users. It’s an exciting time for crypto!
