Archive | banking

Bitcoin Processed $1 Billion While US Banks Stay Closed

Yesterday was President’s Day in America. Schools were shut, no government offices functioned and even the stock markets rested. While the banking system napped though over $7 billion in Bitcoin was traded. Bitcoin Rebounds As Banks Take The Day Off Unlike the stock and commodities markets, cryptocurrency trades 24/7. It recognizes no national holidays, doesn’t […]

New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits

A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges. Also read: Japan’s DMM Bitcoin Exchange Opens for […]