Bithumb Announces New Goals, Products on 7th Anniversary

  • South Korean exchange Bithumb announced on its 7th anniversary it will actively address new regulations and markets.
  • The exchange is set to open up a BTC market and seek the VASP license from FATF in 2021.

Gemini Expands in Singapore With Local Currency, DeFi Tokens

  • Crypto exchange Gemini has increased its Singapore offering.
  • The company has established a local office, added support for SGD, and launched trading for DeFi lending tokens.

CoinMENA Acquires License From Central Bank of Bahrain

  • CoinMENA has obtained a "Crypto Assets Services Company License" from the Central Bank of Bahrain.
  • The license will allow the exchange to operate in Bahrain, UAE, Saudi Arabia, Kuwait, and Oman.

OKEx Exchange Launches Swap, Farming DApps

  • OKEx has launched Swap and Farm dApps on its OKExChain network.
  • OKT token holders will be able to stake OKT to earn OKT-USDT LP tokens and earn yield from providing liquidity to the OKT_USDT Farm Pool.

Huobi Korea Becomes First Exchange to Receive ISMS Certification

  • Huobi Korea has acquired an ISMS certificate from the Korea Internet and Security Agency (KISA).
  • The certification will help Huobi comply with the country's Special Payments Act.

Mt. Gox Creditors Could Soon Claim 90% of Remaining Bitcoins

  • A new deal between Mt. Gox's trustee and Fortress will enable creditors to claim 90% of the exchange's remaining Bitcoin.
  • If the majority of creditors agree, they would be reimbursed directly from the Mt. Gox trust.

Gemini Announces 3% Cashback Crypto Credit Card

  • The introduction of the Gemini Credit Card was accelerated with the acquisition of fintech startup Blockrize.
  • The new card will allow its users to earn up to 3% back in Bitcoin on their purchases.

Bakkt in Talks Regarding Merger, Reportedly Intends to go Public

  • Bakkt is reportedly in talks to go public through a merger with VPC Impact Acquisition Holdings.
  • The merger would value the company at more than $2 billion.

Coinbase Acquires Trade Execution Startup Routefire

  • The terms of the deal are not yet unveiled.
  • Routefire thanked its users and shared its future goals as part of the announcement.

Gaming Giant Nexon to Acquire Bithumb

  • According to local media, the gaming company will acquire a 65% stake in Bithumb at an evaluated price of $460 million.
  • If successful in its acquisition, Nixon will become the owner of three crypto exchanges, having previously acquired Bitstamp and Korbit.