Gemini crypto exchange, which was founded by brothers Cameron and Tyler Winklevoss, completed a security compliance review by Big Four auditing firm Deloitte this week.
According to their announcement, Gemini is the first in the crypto industry to complete an SOC 2 Type 1 review, which involves a review of the exchange's application, infrastructure, underlying customer database, and its cryptocurrency storage systems.
American investment giant Fidelity has reportedly set a March launch date for its Bitcoin custody offering, also noting this week that the crypto trading and custody platform is in its final stages.
Iran released a draft of its crypto regulation plans, noting that some aspects of crypto would be banned.
The crypto markets remain steady at the end of the week, with Bitcoin trading at around $3,471, Ripple at $0.31 and Ethereum at about $108. The total market cap is at around $114 billion.
The top three altcoin gainers of the week are Obitan Chain, Bitdepositary and Mindexcoin.
The top three altcoin losers of the week are empowr coin, Mothership and PayPie.
After the crypto exchange suspended its services on Jan. 15, Elementus had reported that as much as $16 million of Ethereum and ERC20 tokens were stolen.
Trump Ended U.S. Government Shutdown, but the Damage It Did to Crypto Adoption Is Here to Stay.After about five weeks of inactivity, the U.S. government is temporarily working again.
Cointelegraph analyzes how Malta's crypto regulation is opposed by some international regulators, and what it means for the country.
Feb. 3: Top Stories, Price Movements, Quotes and FUD of the Week
Published on Feb 3, 2019
by Cointele | Published on Coinage
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