Brazil’s Largest Independent Broker Planning To Enter The Crypto Market

News | September 24, 2018 By:

Grupo XP, the owner of XP Investimentos, Brazil’s largest independent broker, is planning to set up a cryptocurrency exchange platform by the end of the year.

Guilherme Benchimol, the chief executive officer of Grupo XP and XP Investimentos SA, said that the company will launch a trading platform called XDEX in the coming months that will initially support trading in bitcoin and ethereum.

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Crypto Exchange Kraken Denies Office Closure Rumor

News | September 6, 2018 By:

Cryptocurrency exchange Kraken has denied rumors that it is shutting down its service center in Canada.

On Thursday, a Reddit user posted a thread claiming that Kraken is closing its branch in Halifax, Canada in response to a security breach.

“Kraken Currency exchange in Halifax unit 102 at 60 Highfield park drive has just laid off hundreds of people In response to a security breech and theres currently a giant commotion happening up there and private security all over the place escorting people off the premises after making them sign voluntary quit forms,”

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Crypto Exchange Coinbase Resumes Service In Wyoming

Announcements, News, Regulation | August 6, 2018 By:

Cryptocurrency exchange Coinbase has reopened its services to residents in the US state of Wyoming.

In June 2015, Coinbase suspended its services in the state due to banking regulatory policies. At the time, the Wyoming Money Transmitter Act required Coinbase to maintain dedicated fiat currency reserves in amount equal to the aggregate face value of all funds held on behalf of customers.

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