Hodler’s Digest, Aug. 12–18: BTC Premiums, Coinbase Blow, Binance Revival

Hong Kong and Argentina pay through the nose for Bitcoin, Binance could be back in the U.S. within months and cuts ties with Coinbase in the U.K.
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekPremiums for in Hong Kong and Argentina despite price slumpBitcoin (BTC) briefly veered back into four figures this week — reversing recent gains. It comes amid cooling tensions between the and China in their long-running trade war, with Washington deciding to delay the introduction of new tariffs that would have affected laptops and smartphones. Interestingly, crypto consumers in some parts of the world have ended up paying a premium for their Bitcoins in recent days. A report on Wednesday revealed that investors in Hong Kong were paying about $300 extra for BTC at the time — with pro-democracy protests and violent clashes with police creating political uncertainty. Over in Argentina, where the peso collapsed following the sitting ’s shocking defeat in primary elections, consumers on local were at one point paying out $420 more for their crypto than they would on major platforms.Crypto exchange Poloniex to delist 23 trading pairs due to low volumeMore than 20 trading pairs vanished from Poloniex this week, with the California-based crypto exchange blaming their removal on low trading volumes. LTC/XMR, DASH/XMR, STEEM/ETH, GAS/ETH, LOOM/USDT and FOAM/ were among the pairings affected. Poloniex has stressed that each of these assets will remain independently tradable. This isn’t the first time that the American platform has streamlined its offering in recent months. Back in May, nine coins were delisted for its U.S. customers — Bytecoin (BCN), GameCredits (GAME) and Gas (GAS) among them — due to uncertain regulations. Binance to resume U.S. operations within two months, predicts CEO CZChangpeng Zhao — or good ol’ CZ, for short — has predicted that Binance will be back in the business of operating crypto-to-fiat operations in the U.S. within two months. In an interview, the exchange’s CEO said: “I don’t want to promise any fixed dates, but there’s a lot of work being done and there’s a lot of things going on in flux, but I would say in a month or two.” June saw Binance temporarily restrict services in the U.S. as it worked to open a new division that would have the approval of the Financial Crimes Enforcement Network. CZ added that he is upbeat about the future of U.S. regulation — saying that the clear legal framework for traditional financial services shows that the environment for crypto will improve in time. may be ending work with Coinbase, transactions in GBP to slowIn news that could hit the crypto community hard, British giant Barclays has reportedly severed ties with the Coinbase exchange. For users in the United Kingdom, this could

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