A new indictment leads to findings in the case of the Bitcoin exchange Bitfinex. So this depends on a service provider with the Canadian stock exchange QuadrigaCX: Crypto Capital. The US judiciary is now taking its operators to court for illicit banking

The Bitcoin ecosystem struggles again and again with trust reversals. Recent entanglements between the Bitfinex Stock Exchange and the Stable Coin provider Tether Limited have cast serious doubt on their credibility. Now there are new insights: One of its service providers, Crypto Capital, connects them to the Canadian stock exchange QuadrigaCX.

Due to the favorable market situation, investments in cryptocurrencies with Chinese yuan (CNY) have risen sharply. The Chinese crypto trade is experiencing a comeback after record low and despite bans. This testifies to the ingenuity of the Chinese Bitcoin fans and points to the general focus of the Chinese economy on Bitcoin.

China’s crypto investors are increasingly buying Bitcoin. Coinlib capture of the crypto market results in a total investment of yuan in BTC of $ 164 million over the last 24 hours of the money flow statement.

Yuan’s second largest fiat currency after US dollars

The yuan is the second strongest fiat currency on the market after the US dollar and the Brazilian real. The most yuan is invested in Bitcoin; but also ethers ($ 75 million) and Stellar ($ 19.94 million) benefit from Chinese investment.

The number of suspicious crypto payments in Japan has increased tenfold in the past year. This is the latest money laundering report by the Japanese police. However, despite the rapid increase, crypto transactions are only a fraction of the money laundering suspicions. The majority of unregistered funds continues to change hands in cash.

Fraud, theft, drug trafficking – the anonymity of cryptocurrencies has always attracted criminals who want to disguise their financial activities. This potential of Bitcoin & Co. seems to have been recognized by Japanese money launderers these days: As reported by the local newspaper Japan Times this Thursday, February 28, the number of suspicious crypto transactions in the East Asian islands over the past twelve years has been negative Months increased tenfold.

After Japan’s plague of hacking and digital bank robberies in recent years, the relevant authorities had obliged the Japanese exchanges in April 2017 to list all transactions and report suspicious payments.

A problem of most tokens: they are not used. At best, only for short-term speculation. That this is not a model for the crypto-adaptation and long-term price increases of individual tokens, should be clear to everyone. So the big question is: how do you get broad sections of the population excited about token applications? Why smartphones play a key role here and even TV devices can help with the crypto adaptation.

Most crypto start-ups have a problem: Hardly anyone knows them and their range is very limited. At the same time, there is a lack of customer confidence. The situation is quite different with established brands such as Samsung, whose smartphones and TV terminals use hundreds of millions of people. Accordingly positive one can therefore rate the idea of ​​the new Samsung Galaxy S10, which comes along with several crypto features.