Bithumb announces Bitcoin Diamond listing; BCD skyrockets

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tively new cryptocurrency custodian.

The one-year-old Binance crypto exchange has been involved in several run-ins with authorities in Japan, Hong Kong, and the United States and with this latest move plans to allow users to trade cryptocurrency against the Singaporean dollar.

Though many well-known names from the financial industry have taken a plunge in the crypto market, there is always a lingering doubt about the market stability and market regulations. Bitcoin has come down from a relatively high price of $20,000 from last December to $6,482 at the time of writing.

As reported earlier by BC Focus, Binance has officially started trading at its Ugandan platform. The exchange announced on Monday that the trading will start on Wednesday at 10.00 am ET and they also assured that no trading fees will be asked for by the exchange for a period of one month- from October 24 to November 24.