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Indian Crypto Regulation Ready by September: Official
The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun. дальше »
2018-7-23 17:35 | |
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Over 500 BTC Belonging to Iranians Seized by US Government: Report
According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U. S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. дальше »
2018-7-23 22:42 | |
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UK Police Top up Budget With Proceeds From Sale of Seized BTC
A UK police department has sold 295 BTC which they say were legally seized from a drug dealer. The court ordered him to forfeit his crypto stored in a hardware wallet. The police reportedly get to keep 18. дальше »
2018-7-22 08:20 | |
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Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use
India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions. ” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies. дальше »
2018-7-22 02:34 | |
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Indian Supreme Court Heard Crypto Petitions Today – RBI Ban Stays
India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. дальше »
2018-7-21 17:15 | |
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Indian Supreme Court Heard Crypto Petitions Today but RBI Ban Stays
India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. дальше »
2018-7-20 17:15 | |
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Kodak-Branded Bitcoin Mining Scheme Collapses
The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the plan has collapsed, citing intervention by the U. дальше »
2018-7-18 03:51 | |
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Largest Association of Investment Professionals Adds Crypto to Curriculum
CFA Institute, with over 150,000 members, is adding cryptocurrency topics to its curriculum for the first time. The course material will be released in August. A record 227,031 people in 91 countries and territories reportedly registered to take CFA exams this year. дальше »
2018-7-17 13:30 | |
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G20 Watchdog Unveils Framework to Monitor Crypto
A framework has been developed for the G20 countries to “monitor the financial stability implications of crypto-assets markets. ” The Financial Stability Board says cryptocurrencies “do not pose a material risk to global financial stability” but supports their “vigilant monitoring. дальше »
2018-7-17 02:55 | |
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Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies
South Korean exchange Coinrail has resumed service after it was hacked last month. The exchange has offered users some options to recover their cryptocurrencies. Eleven cryptos were stolen, some of which have been fully recovered and are now available for trading and withdrawals. дальше »
2018-7-17 22:55 | |
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Russia Now Has a Registry of Whitelisted Crypto Companies
The Russian Association of Cryptocurrencies and Blockchain has created a registry of whitelisted companies that offer crypto-related products or services. Meanwhile, the bill to regulate cryptocurrencies in Russia has been delayed. дальше »
2018-7-16 07:30 | |
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Major Korean Exchange Bithumb Expanding into Japan and Thailand
One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. The exchange is working on obtaining regulatory approval from the financial regulators of both countries. дальше »
2018-7-16 03:40 | |
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Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank
In an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court. дальше »
2018-7-15 03:35 | |
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Bitcoin – Great News is Terrible News and That’s Awful for Bitcoin – Yahoo Finance
Bitcoin fell by 0.47% on Friday, following a 2.12% slide on Thursday, to end the week down 7.27% at $6,219.6. Following Thursday’s late in the day recovery, Bitcoin moved within relatively tight ranges through the morning and early afternoon on Friday, with a morning low $6,220 and mid-day high $6,286.8 leaving the day’s major support дальше »
2018-7-14 22:25 | |
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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern
The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. дальше »
2018-7-14 19:50 | |
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Study Finds Cryptocurrency Rebalance Portfolios Outperform ‘Hodling’
Shrimpy cryptocurrency portfolio management is a platform that helps investors curate a portfolio with automated investment strategies. With the company’s portfolio experience, the Shrimpy team published a study that gives an informative technical analysis comparing two types of cryptocurrency investment methods: rebalance against holding (hodl). дальше »
2018-7-14 17:05 | |
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Japanese Police Seize Cryptocurrency for Parking Violations
Japanese police have seized cryptocurrency belonging to a man with unpaid parking fines. The police explain that the revised fund settlement law enacted in April last year allows cryptocurrency to be seized like any other asset. дальше »
2018-7-13 19:12 | |
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Texas Regulator Issues Cease and Desist Order to a Network of Crypto Companies
The Texas State Securities Board has taken an emergency action to stop a network of crypto-related companies from illegally offering investments in the state. A token offering and a mining firm are among those targeted by the securities board as selling fraudulent “cryptocurrency-related investments. дальше »
2018-7-13 09:40 | |
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Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire
The self-regulatory inspection of South Korean cryptocurrency exchanges is complete. Fourteen out of 23 exchanges agreed to be inspected. Twelve met the self-regulatory standards despite security flaws, raising questions of how effective the inspection is. дальше »
2018-7-13 21:51 | |
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Indian Central Bank Responds About Crypto Restrictions
India’s central bank has responded to a representation about its crypto banking ban. The Supreme Court gave the central bank seven days to reply following a hearing last week of the petition by the Internet & Mobile Association of India against the ban. дальше »
2018-7-12 00:40 | |
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Special Unit Formed to Investigate Crypto Cases in India
A special investigations unit has been set up in the Indian state of Maharashtra where there is a rise in bitcoin-related scams. The unit will take over the investigation of all cases relating to cryptocurrency in the state that are currently handled by various police departments. дальше »
2018-7-11 16:35 | |
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Localbitcoins Trader Sentenced to One Year in Prison
A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9. дальше »
2018-7-11 06:20 | |
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US Financial Authority Asks Brokerage Firms to Disclose Crypto Activities
The Financial Industry Regulatory Authority has issued a notice encouraging every firm that sells securities to the public in the U. S. to disclose any activities “related to digital assets, such as cryptocurrencies and other virtual coins and tokens. дальше »
2018-7-10 10:05 | |
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Japanese Internet Giant GMO Boosts Own Bitcoin Mining Output With 7nm Rigs
Japan’s internet giant GMO has released the latest results of its cryptocurrency mining operation. The company has also started using 7nm rigs for its in-house mining business. News. Bitcoin. дальше »
2018-7-10 21:50 | |
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Indian Crypto Exchanges Forge Ahead With Solutions to RBI Ban
Indian cryptocurrency exchanges are forging ahead with their solutions to the crypto banking ban imposed by the country’s central bank. A growing number of exchanges have stopped fiat support as they ramp up peer-to-peer and crypto-to-crypto trading. дальше »
2018-7-9 15:53 | |
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SEC Won’t Classify Bitcoin, Ether As Securities
William Hinman, the director of the U. S. Securities and Exchange Commission (SEC)Division of Corporation Finance, announced at Yahoo Finance’s All Market Summit: Crypto in San Francisco that the SEC would not be classifying bitcoin or ether as securities. дальше »
2018-7-8 20:28 | |
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Switzerland’s Main Stock Exchange Dives Deep Into Crypto
Switzerland’s principal stock exchange has announced that it is building a platform for the trading, settlement, and custody of digital assets. This announcement follows reports of government officials working on giving crypto businesses access to banking services. дальше »
2018-7-7 07:20 | |
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Philippines Government Approves Two New Crypto Exchanges
The central bank of the Philippines has reportedly approved two new cryptocurrency exchanges, bringing the total number of accredited crypto exchanges in the country to five. Meanwhile, crypto transactions have been growing in the country. дальше »
2018-7-6 20:50 | |
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Thailand Officially Announces Rules for Token Issuers, Portals, and Investors
The Thai Securities and Exchange Commission (SEC) has officially announced its regulations for initial coin offerings (ICOs). The rules specify requirements for ICO portals, issuers, as well as who can invest in tokens. дальше »
2018-7-6 07:25 | |
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Kenya Has Two Weeks to Decide Whether to Regulate Cryptocurrencies
Kenya’s Treasury Secretary has been tasked with the responsibility of investigating the current state of cryptocurrency adoption in the country, which has so far been growing with no regulations. In a couple of weeks, he is to give his report to parliament, advising them how to proceed with regulating cryptocurrencies. дальше »
2018-7-5 21:25 | |
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Japanese Regulator Responds to Reports of Overhauling Crypto Regulation
Japan’s top financial regulator has responded to media reports that it is considering overhauling the way cryptocurrency is regulated in the country. The authority has been under fire for the inadequacy of its crypto exchange registration process after it issued business improvement orders to a number of exchanges it previously approved. дальше »
2018-7-5 04:40 | |
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Indian Crypto Exchanges Drop Fiat Support as Banks Close Their Accounts per RBI Ban
Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban. дальше »
2018-7-5 00:40 | |
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EU Report Advises Regulators Not to Ban or Ignore Cryptocurrencies
A recent report published by the European Parliament advises policymakers and regulators not to ignore cryptocurrencies or attempt to ban them. It discusses how crypto should be treated, their taxation, as well as their potential impact on financial systems and central banks’ monopolies on money issuance. дальше »
2018-7-4 10:40 | |
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Indian Supreme Court Heard Crypto Petition but Upholds RBI Ban – Effective in 2 Days
The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. However, the court did not grant a stay and the ban is set to proceed as planned, prompting crypto exchanges in the country to start implementing their solutions for banking alternatives. дальше »
2018-7-3 16:35 | |
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Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case
A Japanese district court has, for the first time, sentenced a man to prison in a remote crypto mining case. The case follows the arrests of Coinhive users by the police in 10 prefectures. However, this case is different from previously discussed cases of mining cryptocurrencies using website visitors’ computers. дальше »
2018-7-3 07:15 | |
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Indian Crypto Exchanges Launching P2P Trading Services – Bypassing RBI Ban
With the impending banking ban by the Reserve Bank of India, cryptocurrency exchanges in the country are scrambling to find banking alternatives. Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. дальше »
2018-7-2 16:20 | |
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Canadian Securities Commission: Over Half a Million Ontarians Currently Holding Crypto
A study by the Ontario Securities Commission reveals that over half a million people, 5 percent of Ontario residents, currently own cryptocurrencies. The report also shows how they invest, how many owned crypto in the past but not anymore, and details of those investing in tokens. дальше »
2018-7-2 06:20 | |
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Major Indian Cryptocurrency Exchange Shares What to Expect When RBI Ban Begins
The banking ban by India’s central bank is set to begin on July 5. One of the largest crypto exchanges in the country, Unocoin, is working on banking alternatives. News. Bitcoin. com spoke with the exchange’s CEO about what to expect when the ban begins, trader sentiment, and possible ways to bypass the ban. дальше »
2018-7-1 11:38 | |
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Abu Dhabi Global Market Launches Crypto Regulatory Framework
The financial authority of Abu Dhabi Global Market has launched a regulatory framework for cryptocurrency activities following the completion of a public consultation. The market’s financial watchdog has also published a guideline explaining how crypto asset activities are now regulated. дальше »
2018-7-1 04:05 | |
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Indian Exchange Zebpay Boosts Trading Support for 19 Cryptos Ahead of RBI Ban
Leading Indian cryptocurrency exchange Zebpay has added new cryptocurrencies to its crypto-to-crypto trading platform. The exchange now supports 19 cryptocurrencies and over 35 trading pairs, as it prepares for the banking ban by the country’s central bank to go into effect next week. дальше »
2018-6-30 01:30 | |
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A Nuanced Look At Crypto Assets as Securities In Light of SEC Comments
On June 14, 2018, the Securities and Exchange Commission (SEC) director of corporate finance made waves in the cryptocurrency space when he commented at Yahoo Finance’s All Market Summit: Crypto that ether is not a security. дальше »
2018-7-3 23:16 | |
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South Korea Thinks Real-Name System is Working – Stepping Up Crypto Monitoring
South Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country. дальше »
2018-6-29 16:55 | |
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Bithumb Reveals 11 Cryptocurrencies Lost and Plan to Compensate Customers
South Korean crypto exchange Bithumb has announced the 11 cryptocurrencies stolen in last week’s theft and the amount of each coin missing. A compensation plan has also been unveiled for the equivalent value of the lost coins in an undetermined cryptocurrency. дальше »
2018-6-29 04:55 | |
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FBI Currently Investigating 130 Crypto-Related Cases
The Federal Bureau of Investigation has reportedly revealed that it is working on 130 cryptocurrency-related investigations, citing an increase in illegal activity facilitated by crypto payments. These cases “encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks. дальше »
2018-6-28 10:10 | |
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US House Unanimously Passes Bill to Help Fight Illicit Use of Cryptocurrencies
The U. S. House of Representatives has unanimously passed a bill to help prevent the illicit use of cryptocurrencies, including bitcoin, dash, zcash, and monero. This bill follows a testimony by the Secret Service asking Congress for help stopping these activities. дальше »
2018-6-28 00:35 | |
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Facebook Unbans Cryptocurrency Ads
Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted. дальше »
2018-6-27 13:30 | |
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