Category: Cryptocurrency Exchange

Cryptocurrency Exchange

Hong Kong Imposes New Rules to Regulate Cryptocurrency Funds and Exchanges

With the firm intention to protect investors of cryptocurrency, Hong Kong’s securities regulator has announced plans to regulate the exchanges. The Securities and Futures Commission stated it is considering regulating cryptocurrency exchanges and crypto portfolio managers via its “sandbox”, also by imposing existing regulations adapted to the risks associated with …
Cryptocurrency Exchange

Goldman Sachs and Galaxy Digital Ventures Invest in BitGo

BitGo offers a multi-signature bitcoin wallet service, also provides security, compliance, and custodial solutions for blockchain-based currencies. Recently, the firm has secured new investments from Goldman Sachs’ Principal Strategic Investments group and Galaxy Digital Ventures. Reportedly, it has raised a total of $57.5m in the Series B funding round. BitGo …