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New regulations forces OKEx South Korea to close operations

Cryptocurrency exchange OKEx has announced it will be shutting down its South Korea operations amidst the implementation of strict anti-money laundering regulations in the country. OKEx says it’s not willing to comply with the new law Apart from the regulatory concerns, OKEx says the company took the winding down decision because the actual profit from […] The post New regulations forces OKEx South Korea to close operations appeared first on Invezz. дальше »

2021-3-25 12:58


Bitcoin Technicals Overheated, But Bullish Fundamentals Remain Unfazed

Bitcoin price is currently reeling due to a series of rejections above $60,000. After such a powerful impulse upward, technicals are severely overheated and beginning to turn down. But regardless of any technical-driven selloff that might result, such continued bullish fundamentals in the leading cryptocurrency by market cap could keep prices from going too low, […] дальше »

2021-3-24 23:00


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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


Swiss Regulator, FINMA, Denies Bitcoin Suisse Banking License Application

The financial watchdog of Switzerland Financial Market Supervisory Authority (FINMA) has turned down Bitcoin Suisse’s application for a banking license. AML Weaknesses Sees Bitcoin Suisse Miss Out On Banking License According to the Swiss regulator, Bitcoin Suisse AG is not eligible for approval following a string of concerns. дальше »

2021-3-18 20:50


Trump's former economic advisor explains why Bitcoin is not a 'reliable store of value'

On its way down, the price of Bitcoin often comes across many bearish sentiments claiming why the asset should not be trading high in the first place. In one such outlook, economic advisor to former PThe post Trump's former economic advisor explains why Bitcoin is not a 'reliable store of value' appeared first on AMBCrypto. дальше »

2021-3-17 00:30


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Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages

A massive police operation took place in Istanbul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment Consultancy’ According to Demirören Haber Ajansı, Istanbul police cracked down a fake “crypto investment […] дальше »

2021-3-17 18:00