Bitfinex introduces a new system, BTCC launches in South Korea, the Bitcoin Unlimited upgrades features, the Maldives denies giving permits, IAMAI attracts big players, Huobi lists stablecoins, Binance opens in Uganda
- Bitfinex has introduced an ‘improved’ fiat deposit system, shortly after temporary suspension of deposits last week. Skeptical opinions have started streaming in with warnings of dangers and potentially shady banking practices.
- Hong Kong-headquartered cryptocurrency exchange BTCC is reportedly launching services in South Korea this month. The company will also offer a wallet service, a mining pool, and a consumer payments service.
- The November 15 Bitcoin Cash network hard fork is approaching and the Bitcoin Unlimited development team have published the full node clients’ Bitcoin Cash edition version 1.5.0.
- The central bank of the Maldives says that no permit has been issued to any organization authorizing the use of cryptocurrencies in conducting financial transactions.
- The Internet and Mobile Association of India (IAMAI) is forming a dedicated focus group for blockchain exploration made up of both big business and cryptocurrency players such as ZebPay, MasterCard, Microsoft and IBM.
- Huobi has added support for US dollar-pegged digital assets Paxos Standard (PAX), TrueUSD (TUSD), USDCoin (USDC), and Gemini Dollar (GUSD).
- Binance recently announced the launch of a fiat-to-crypto exchange in Uganda and now 44 million Ugandans are able to trade Bitcoin and Ethereum without fees during the next month.
- BTC sees a slight drop to $6,532, ETH is trading at the price of $207.13