**Major Cryptocurrency Exchange Bittrex To Add USD Trading, Reopen New User Sign-ups**
Shihara noted that since Bittrex is a US-based exchange, they take their KYC and AML legal obligations very seriously, which requires a large number of staff to do verifications. In response to a question about the challenges of customer support service, Shihara said that they are hoping to add another 20 support contractors this spring, bringing the total up to 80.Shihara also added that user signups for the exchange would open again soon, but there will be additional requirements for new users, like minimum trade deposits. According to Shihara, this ensures that the new users are “people that understand what they are doing.”Bittrex is not designed for the retail customer, but is aimed at a target audience of more sophisticated or institutional traders, Shihara told Sood,
Shihara has meetings set up with the Securities and Exchange Commission (SEC) to talk about the possibility of trading in securities in the future as well, for he sees the potential for a Bittrex subsidiary or parallel business for securities trading. He thinks that regulation is inevitable:
“If we want Bitcoin to be ubiquitous and traded around the world, we need governments and institutions adopting it.”
Read full article here !
**How will blockchain solve new social media problems?**
Every day it is getting harder to manage the rapidly growing content of social networks. Bitnewstoday asked the group of experts whether the implementation of blockchain would be able to bring regulation, preserving the original purpose of these platforms. Read full Article here !
**Tether’s USDT Becomes a Great way to Increase Bitcoin Holdings .**
Tether’s USDT has always been a very interesting currency for many different reasons.It is supposed to be pegged to the US Dollar at a 1:1 ratio, which always creates some speculation as to how a company can keep the price at that level. In the case of the USDT price, the value will hardly ever shift, even though it is slightly above $1 right now. What is of great interest is its current trading volume and the USDT price increase compared to both Bitcoin and OMNI. Read full Article here !
**Russian Minister of Communications suggests ICO accreditation.**
When it comes to cryptocurrency and blockchain, the Russian Minister of Communications does not want to see cryptocurrency as a legal means of payment in Russia. This view is shared by the vast majority of the local influential politicians and this leads to believe that buying goods for coins would not be legal in Russia anytime soon. Nikolai Nikiforov offers to separate blockchain from cryptocurrency, in this his views greatly resemble the views of billionaire Michael Bloomberg. Read full article here !
**CME’s Chairman and CEO on Bitcoin Futures.**
Chicago Mercantile Exchange (CME) Chairman and CEO Terry Duffy explained in a recent interview how the decision to list bitcoin futures in the last quarter of 2017 wasn’t made as a result of light or transient causes. Instead, it was a deliberate effort to bring a proven technology to well-financed clients who will help it mature. Read full Article here !
So guys I started this new series of daily top crypto news , so stay tuned and keep yourself updated with latest crypto news !