The biggest Russian bank Sberbank is planning to open a cryptocurrency exchange in Switzerland. Their head of global markets and vice-president, Andrey Shematov, said the decision comes as a response to stricter regulations in Russia. In Switzerland cryptocurrency trading is perfectly legal so following through with this plan requires the opening of a new bank franchise – Sberbank Switzerland AG – whose HQ will be situated in Zurich.
Bittrex Exchange will add an option to trade cryptocurrency in fiat USD.
Bitcoin mining comes to New York, as lawmakers approve power allocation. The operation should involve a $165 mln investment in infrastructure from Coinmint and the creation of 150 jobs for the population of nearest town Massena and the surrounding area.
The Russian Finance Ministry is proposing to create special offshore cryptocurrency trade platforms in Russia.
Bank of America and JPMorgan Chase will reportedly no longer enable customers to purchase bitcoin with credit cards