Tag Archives: Trading

Poloniex Extends Fee-Free USDC Trading

As we previously reported, Circle’s Poloniex participation in the stablecoin wars is evident in their decision to not charge fees on use of USDC on their platform. For the month of November, trades in USDC were not charged any fees at all. According to an e-mail blast from Poloniex, this amounted to more than $500,000 in trading fees not accrued by them. Continue reading Poloniex Extends Fee-Free USDC Trading

Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

With the increasing trend for major financial institutions to invest in Bitcoin, United States crypto exchange and wallet provider Coinbase announced the launch of over-the-counter (OTC) trading for institutional customers on Nov. 27. Continue reading Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

Singapore’s First Legal Trial Over Bitcoin Trading Disputes Began Today

Singapore’s first cryptocurrency trial over questionable trading practices began today as the market maker and liquidity provider B2C2 sues cryptocurrency exchange Quoine. The charge? B2C2 maintains that Quoine wrongfully reversed seven trades in April 2017 that lead to proceeds being deducted without B2C2’s authorization. Continue reading Singapore’s First Legal Trial Over Bitcoin Trading Disputes Began Today

India May Levy 18 Percent Tax on Cryptocurrency Trading

As reported on Bloomberg, India may soon levy an 18 percent Goods and Services Tax (GST) on cryptocurrency trading, notwithstanding their legal ambiguity in the country. Currently, the proposal is being considered by the Central Board of Indirect Taxes and Customs, and shall be presented before the GST council after it’s finalized. Continue reading India May Levy 18 Percent Tax on Cryptocurrency Trading