Newsflash of November 22nd, 2019

Market Cap at 1:50 (UTC) — $193,461,933,471 billion

Bitcoin dominance: 66.2 %

BTC $7,094.89 (-10.59%)

ETH $146.99 (-13.4%)

XRP $0.230718 (-6.55%)

South Korea passed amendment for crypto special bill

An amendment for crypto special bill has been approved by the South Korea Amendment Subcommittee. The new amendment requires the local crypto exchanges to comply with the AML guide from the FATF. Moreover, there are requirements which force crypto exchanges to acquire the mandatory certification of information security management system and legit bank accounts.

Binance to add Indian rupees

From November, 25th, Indians can now buy and sell crypto through Binance Fiat Gateway. The recent acquisition of WazirX has allowed Binance to open a new fiat gateway and buy Tether against INR. Moreover, WazirX matching engine will be integrated into Binance which allows users to buy crypto from WazirX.

Coinbase Custody allows customers to stake crypto

According to the latest tweet, Coinbase is now extending their service to global customers. The extension will allow customers from around the world to access to staking on Coinbase.

Bakkt to launch new Bitcoin cash-settled futures

ICE recently announced that the exchange will soon launch a new BTC cash-settled futures in Singapore. The new contract, Bakkt Bitcoin Cash Settled Monthly Futures Contract is expected to be listed on ICE Futures Singapore on December 9th and it will be regulated by the Monetary Authority of Singapore.

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