The chief executive of one of America’s largest cryptocurrency exchanges is joining Mark Cuban-funded eSports betting platform Unikrn.
The platform announced Thursday that Bittrex co-founder Bill Shihara will sit on its advisory board in a move aimed to improve the accessibility and security of its UnikoinGold token.
Unikrn co-founder Rahul Sood told CoinDesk that Shihara will also guide the company more generally, as it seeks to expand its UnikoinGold network.
Perhaps more significant, however, is the fact that Unikrn is already operating under existing federal regulations within the U.S., Shihara said.
“By August you’ll see Unikrn launch across multiple global markets with various types of esports betting using both fiat and cryptocurrency.”
Russian nationals Sergey Ivanov and Timur Shakhmametov have been charged for their involvement in operating money laundering services that catered to cybercriminals using cryptocurrencies, U.S. authorities announced on Thursday.
Most crypto trading volume has historically come from outside the U. S. , with Asia being the largest cryptocurrency market. However, there has been a notable shift in this dynamic in the past several months, with the U.
Understanding regional market data is becoming increasingly important when analyzing the Bitcoin market. Bitcoin’s global nature means trading activity in one region can significantly influence worldwide price movements.
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility.
