By CCN.com: The cryptocurrency community’s best hope for a bitcoin ETF has been dashed, or at the very least delayed, as CBOE has withdrawn its application to list the VanEck SolidX Bitcoin Trust on CBOE BZX Exchange. According to a document published by the Securities and Exchange Commission (SEC) on Wednesday, CBOE withdrew its application
The 22-year-old Finnish investor who was defrauded of 5,564 bitcoins in Thailand has agreed to withdraw his complaint against two key suspects. According to the deputy commander of Thailand’s Crime Suppression Division, Chakrit Sawasdee, a complaint against prominent Stock Exchange of Thailand trader, Prasit Srisuwan, and a majority shareholder of tech firm Expay Software Co,
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June 11th, ORCA Alliance, an EU-based platform that bridges cryptocurrencies and traditional banking services, is launching its technical solution allowing instant cash outs from crypto exchanges directly to a payment account in less than 60 seconds. Converting cryptocurrency to euros in quick fashion would make a lot of liquidity problems surrounding cryptocurrency disappear.
ORCA is providing an answer to a long-standing problem annoying many in the crypto community — the lack of reliable ways to move various crypto assets and swap them back and forth to government-backed currencies. It is no secret in the crypto space that crypto-to-fiat exchange is a huge challenge.
Cryptocurrency exchange Kraken is suspending all of its services to Japanese residents. The exchange has been allowed to operate in Japan while its application with the country’s financial regulator is being reviewed.
Kraken Pulling Out of Japan
Kraken announced on Tuesday the suspension of its services to Japanese residents. “The exact dates for suspending trading and funding have not yet been determined,” the exchange wrote, adding that tentatively the last day for deposits is “around mid-May,” the last day for trading is “around mid-June,” and the last day for withdrawals is “around end-June.” Kraken elaborated: