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Crypto Exchange OKEx Is Shutting Down In South Korea

OKEx cryptocurrency exchange has said it will terminate its South Korea-based business, following the introduction of an updated Anti-Money-laundering (AML) in the country. The exchange’s spokesperson said OKEX chose to resign rather than try to fight the tough regulatory regime which would make it impossible to continue operating in South Korea.    “OKEx Korea service has […] дальше »

2021-3-24 16:53


Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor

The Central Bank of Nigeria (CBN) said they never banned the use of cryptocurrencies in the country, and they are not discouraging people from trading with crypto assets either. The clarification came from Godwin Emefiele, deputy governor Adamu Lamtek, on behalf of Godwin Emefiele, the governor of the central bank, at the 30th seminar for […] The post Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor first appeared on BitcoinExchangeGuide. дальше »

2021-3-22 16:21


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Morgan Stanley reportedly set to buy Bithumb exchange for over $400 million

American multinational investment bank and financial services company Morgan Stanley is rumored to be bidding for leading South Korean cryptocurrency exchange Bithumb. According to the country’s local media outlet, Morgan Stanley is already in the negotiation process, which will allow the bank to acquire stakes in Bithumb. дальше »

2021-3-20 22:21


Ireland’s Apex Bank Extends AML Guidelines to Cryptocurrency Sector; Stripping Ability to Trade Anonymously

There will be no more anonymous trading for cryptocurrency traders in Ireland as the country ushers in new regulations that would change the crypto landscape. Cryptocurrency firms now have to register with the central bank and institute anti-money laundering (AML) guidelines or close shop. дальше »

2021-3-18 17:24


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Binance CEO Backs Indians in their Quest to Revive Crypto Usage in the Country

The founder of leading cryptocurrency exchange Binance has spoken against the cryptocurrency ban soon to be enforced by the Indian government. While speaking to a local news outlet, Changpeng Zhao explains that making cryptocurrencies illegal to hold will place a limitation on Indian residents, as the asset itself is licit. дальше »

2021-3-18 14:21


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Singapore Based BitXmi Exchange Offers Exciting Features to Global Userbase

The BitXmi exchange continues to grow in popularity both in its home country of Singapore, and with customers around the world. This is thanks in large part to their commitment to lower overall fees, an excellent selection of top tradable assets, and a growing number of exciting features that they are offering. If you haven’tRead More дальше »

2021-3-16 16:22


India To Criminalize Private Crypto Ownership Despite Community Outcry

According to a senior government official familiar with the situation, the Indian government is working on legislation that will see private ownership of cryptocurrencies criminalized. India’s Crypto Ban Is Still On Course In a Reuters report published on Monday, an unnamed government official said the legislation banning cryptocurrencies in the country is in its final […] The post India To Criminalize Private Crypto Ownership Despite Community Outcry first appeared on BitcoinExchangeGuide. дальше »

2021-3-15 19:40


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Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use

The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances inflows as recipients opt for non-traditional corridors such as cryptocurrencies. Declining Remittances […] дальше »

2021-3-9 15:00


Legal Hurdles of Blockchain Application Jettisoned — Leveraging Liechtenstein Blockchain Act

To attain pioneering status in the auspicious sphere of tokenization, the inconspicuous country of Liechtenstein implemented the disruptive Liechtenstein Blockchain Act in January 2020. The post Legal Hurdles of Blockchain Application Jettisoned — Leveraging Liechtenstein Blockchain Act appeared first on BeInCrypto. дальше »

2021-3-6 17:09


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An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions

A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies. дальше »

2021-3-4 06:00


New York Attorney General Warns Against Crypto Investing, says It ‘Could Cause Devastating Losses’

New York Attorney General Letitia James has issued a warning against investing in cryptocurrencies. “There are extreme risks in investing in virtual or cryptocurrencies,” she said. According to her, it is imperative that they act to protect the wallets of the investors, and as such, “I’m warning New Yorkers and investors across the country that […] The post New York Attorney General Warns Against Crypto Investing, says It ‘Could Cause Devastating Losses’ first appeared on BitcoinExchangeGuide. дальше »

2021-3-3 18:59