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Exchanges
Bittrex Takes Out Record $300M Insurance on Crypto Held in Cold Storage
The insurance was underwritten by Arch Syndicate 2012, which provides specialized insurance for corporations.

Former JPMorgan Exec Joins Binance as Latin American, European Director
Former State Street counsel, JPMorgan vice president and Huobi regional head Josh Goodbody is joining Binance as its new director of European and Latin American growth and institutional business.

Major Australian Exchange Expands to Singapore for Crypto-Friendly Regs
Independent Reserve will expand to Singapore to take advantage of its "overwhelmingly positive" regulatory response.

Gemini Completes Second Level of Cybersecurity Compliance Exam
Gemini has concluded an SOC 2 Type 2 cybersecurity risk examination, evaluating how its security system controls operate across a period of time. The exchange plans to conduct such exams annually.

ErisX Adds New Trading Features With Etale Partnership
The partnership will provide clients with machine learning-based order execution.

Swedish Crypto Exchange BTCX Plans IPO in 2020
An IPO offers BTCX the opportunity to help bring transparency to the industry, it's CEO says.

Binance in Talks to Launch Crypto Trading Joint Venture in Japan
The exchange said it is discussing a strategic partnership with a Softbank subsidiary and Japan-based exchange TaoTao to work together to provide "trading services" in the country.

Winklevoss-Led Gemini Exchange Now Has Its Own Insurance Company
Gemini, led by the Winklevoss twins, has set up its own insurance captive to cover loss of crypto in cold storage – with a possibly record-breaking $200M limit.

Liquid Exchange Cancels Sale of Telegram's Gram Tokens
With the SEC lawsuit holding up the launch of Telegram's TON network, the Japan-based exchange has cancelled its sale of gram tokens and refunded investors.

Bithumb Exchange Fighting Back Against 'Groundless' $69M Tax Bill
The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions.
