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Experts Claim Most Smaller Chinese Crypto Exchanges Will Shut Down Soon
China lost its dominant position in the cryptocurrency markets quite some time ago. That is the direct result of the People’s Bank of China preventing users from trading cryptocurrencies with the Chinese yuan. дальше »
2018-6-23 00:00 | |
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Bitcoin: Can cryptocurrency help turn the tide in a volatile currency market?
Sometimes standing up for bitcoin also means standing up for your homeland and fellow citizens, in search of a better way. The latter display of bravery is embedded in the recently launched Let’s Talk Bitcoin! That’s where LTB correspondent Christian Garcia steps up with a report from a country in crisis, reminding listeners about the дальше »
2018-6-23 23:49 | |
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Smaller Chinese Crypto Exchanges Could Shut Down Soon, Experts Say
Small exchanges in China are finding it very difficult to attract customers and could likely shut down soon. Local news sources reported that the top 14 exchanges in the country grab over 73% of the total transaction value. дальше »
2018-6-22 23:10 | |
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Japan’s bitFlyer Halts Taking on New Business to Fix Issues Following FSA Order
bitFlyer, Japan’s largest Bitcoin exchange, is being forced to stop taking on new business after regulators said it wasn’t doing enough to stop money laundering and terrorist financing. The move by the Tokyo-based exchange saw a drop in the price of the coin and highlights how the country’s financial watchdog, the Financial Services Agency (FSA),. дальше »
2018-6-23 22:00 | |
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Bitcoin Miner “Stole” 150 MW of Electricity according to Chinese Police
A Chinese man has found himself in police custody after attempting to steal electricity to fund his unprofitable Bitcoin mining operation, local media outlet Xinhua reports June 22. The suspect, known only by his surname Ma, allegedly mined Bitcoin and Ethereum on two hundred computers in the country’s Anhui province, all of which have been дальше »
2018-6-22 19:06 | |
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UK’s FCA Issues Yet Another Warning Against Crypto Brokers
The Financial Conduct Authority of the U. K. has warned traders against an unregulated firm called Cryptorobot365. The regulatory body blacklisted the firm for providing cryptocurrency investment services in the country without authorization from the agency. дальше »
2018-6-22 16:28 | |
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Korean Government to Fund Six Blockchain Projects with $9 Million
The country has sights set on being one of the leaders in blockchain technology and has made a strong statement after the Ministry of Information and Communication Technology (ICT) revealed in a report that 10 billion Korean won (app. дальше »
2018-6-22 13:44 | |
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Korean Government to Lead 6 Blockchain Pilots With $9 Million Finance
The South Korean government will invest 10 billion Korean won (or $9 million) to support blockchain development in the country, with plans to carry out six pilots using blockchain technology. According to a report from CoinDesk Korea, the country’s Ministry of Science and ICT published a blockchain development strategy on Thursday. The agency said the government plans to дальше »
2018-6-22 11:53 | |
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Korean Government to Lead 6 Blockchain Pilots With $9 Million Fund
A South Korean government agency has announced a plan to boost blockchain adoption in the country. дальше »
2018-6-22 09:03 | |
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Irish Bitcoin Broker Claims Country’s Banks Are Closing Crypto-Related Accounts
The owner of a leading Irish Bitcoin broker has accused the country’s banking institutions of discriminating against crypto-related businesses
дальше »2018-6-22 06:40 | |
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Hydro-Quebec Increases Electricity Prices by 300% for Bitcoin Miners
Even though Canada has become a very important country for cryptocurrency mining, it seems things are changing behind the scenes. The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners. дальше »
2018-6-22 05:00 | |
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Bitcoin Traders in Ireland Accuse Banks of ‘Cryptocurrency Profiling’
It is not a happy time for Bitcoin brokers in Ireland. Reports indicate that Irish banks are denying financial services to cryptocurrency traders. As a result, many are forced to either shutter their operations or open accounts with foreign banks. дальше »
2018-6-21 23:00 | |
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Bitcoin Businesses Denied Banking Services in Ireland
Leading companies from the crypto sector in Ireland have complained they are being denied services by some of the country’s major financial institutions. Among the affected businesses are bitcoin exchange Bitcove, winner of the bank-sponsored “Best Business Startup” award, and Ireland’s “longest running” bitcoin broker, Eircoin. дальше »
2018-6-21 20:20 | |
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Belarus Issues Decree to Regulate and Legalize Blockchains and Smart Contracts
Belarus is a well-known name in the crypto circles, as one of the most digital currency-friendly nations in the world. On June 18, the country took yet another progressive step in the industry by regulating blockchain businesses. дальше »
2018-6-21 20:00 | |
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Abundant Renewable Energy Makes Iceland a Crypto Mining Powerhouse
Few countries around the world lend themselves to cryptocurrency mining. Iceland has always been a key region in this regard. Although it was never designed to become a hub for cryptocurrency mining, this new business model has introduced a few changes in the country over the years. дальше »
2018-6-21 16:00 | |
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Cambodia Regulators Clarify that Cryptocurrency operation without License is Illegal
With regards to the recent controversies surrounding the legalities of Bitcoin operation in Cambodia, Regulators in the country have issued a clarification on their facebook wall. According to them, any operation of the digital asset including its trading, buying, settlement, and investment without a license is illegal by law. дальше »
2018-6-21 14:09 | |
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Akon to Create his own Cryptocurrency in a “Real Life Wakanda” Crypto City
The 47 year old singer who has twelve billboard top ten hits and is famous for his 2006 “Smack it” hit has unveiled his plans to not only create his own cryptocurrency but also a “real-life Wakanda crypto city” in his country, Senegal. дальше »
2018-6-21 13:49 | |
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Amsterdam’s Schiphol Airport Lets Travelers Swap Leftover Euros for Cryptocurrency
If departing travelers don't need euros in their home country, they will be able to exchange them for cryptos at Schiphol airport in Amsterdam. The post Amsterdam’s Schiphol Airport Lets Travelers Swap Leftover Euros for Cryptocurrency appeared first on CoinSpeaker. дальше »
2018-6-22 13:07 | |
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Kosovo Offers Inexpensive Cryptocurrency Mining
Cryptocurrency mining can get rather costly, given its massive energy consumption. But the Southeastern European country of Kosovo could provide a solution to that dilemma. While Kosovo might be recognized as one of Europe’s poorer countries, it does have one of the cheapest electricity rates in the region. дальше »
2018-6-20 23:02 | |
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You Can Now Exchange Your Leftover Euros for Crypto at Schiphol Airport
One of the most inconvenient things about international travel is getting stuck with foreign money that can’t be accepted in your home country. Luckily for passengers and visitors to Schiphol Airport, they now have the chance to experience the benefits of a truly global currency first hand and get rid of their fiat at the […] The post You Can Now Exchange Your Leftover Euros for Crypto at Schiphol Airport appeared first on Bitcoin News. дальше »
2018-6-20 16:30 | |
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Uruguay to Develop Crypto Regulations, Focusing on Innovation
The Uruguayan chamber of fintech is forming a committee that will develop the country’s crypto regulation framework
дальше »2018-6-20 14:15 | |
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Are You Breaking The Law By Trading Cryptocurrencies Without A License?
Cambodian authorities have now announced that domestic investors are required to obtain a license in order to allow them to buy, sell or trade cryptocurrencies. Without a license, these activities would now be considered illegal. дальше »
2018-6-20 13:00 | |
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Market Declining Following Bithumb Hack Of $30 Million Worth Of Coins
The South Korean crypto market is scrambling to retain its normalcy after hackers attacked and made away with about $30 million worth of crypto coins from Bithumb. Bithumb is a South Korean cryptocurrency exchange, the 2nd largest in the country and 6th largest in the world. дальше »
2018-6-20 12:18 | |
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Turcoin Ponzi Schemers Escape With Millions
News Turkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors. дальше »
2018-6-20 04:00 | |
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Bank of Korea Not Yet Ready for a Central Bank Digital Currency
Following an earlier announcement that South Korea was considering the introduction of a Central Bank Digital Currency (CBDC), the country’s central bank has since pulled the plug on the idea — with regulatory roadblocks and fears of market destabilization ranking amongst the leading reasons for the recall. дальше »
2018-6-20 03:00 | |
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Bitcoin [BTC] listed on Japan’s SBI: After Ripple [XRP] & Bitcoin cash [BCH]
Japan’s Strategic Business Innovator Group [SBI Group] had unveiled its new plans for its newly launched cryptocurrency exchange. The company intended to kickstart the best cryptocurrency service for the country. дальше »
2018-6-20 01:55 | |
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Turcoin Ponzi Scheme Exposed, Founders Flee with Millions
Turkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors. дальше »
2018-6-20 01:50 | |
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Chain Accelerator Opens Its Doors to Blockchain, Crypto Startups in France
\Chain Accelerator has launched in France. It is the first startup acceleratordedicated to the blockchain that can call Europe its home. Among the organization’s chief operators are Hyperloop Transportation Technologies chairman Bibop G. дальше »
2018-6-20 00:34 | |
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Japan’s Largest Crypto Exchanges to Face the Wrath of the FSA
Japan’s Financial Services Agency (FSA) will be taking administrative action against several registered cryptocurrency exchange operators in the country. These exchanges include Quoine, Bitbank, BITPoint Japan, BtcBox, and industry leader BitFlyer, who authorities claim don’t have proper internal management systems in place, including measures to prevent money laundering. дальше »
2018-6-20 23:10 | |
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Cambodian Regulators Say Dealing in Crypto Without License Is Illegal
Dealing in crypto without obtaining a license from authorities has been declared illegal in Cambodia, in a joint statement released today by the country’s central bank
дальше »2018-6-20 20:30 | |
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Laundering Fears-Major Crypto Exchanges Face Action Over Money
Japan’s financial watchdog is reportedly planning to force improvements at a number of licensed cryptocurrency exchanges over perceived issues with internal systems, including anti-money laundering (AML) measures. дальше »
2018-6-19 16:14 | |
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Got Bitcoin Mate? Because Australia Wants a Piece of Your Profits
After moving to request all cryptocurrency exchanges to report to the country’s watchdog agency, the Australia Taxation Office (ATO) will be collecting Capital Gains Tax (CGT) on cryptocurrency gains, essentially classifying them as assets. дальше »
2018-6-19 13:00 | |
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Crypto Miners Embrace Cheap Power in Europe’s Poorest Country
In Kosovo, Europe’s poorest country, there are few job opportunities for a population of which 50% are under 25 and most adults in the country wish to go abroad to work away from rampant corruption and cronyism. дальше »
2018-6-19 12:30 | |
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Central Bank of Korea: “Digital Currencies Don’t Perform as Money”
In a report released today by the Korean Times, The Bank of Korea (BOK), the country’s central bank, issued a statement saying that they oppose the idea of issuing a central bank digital currency (CBDC). дальше »
2018-6-23 06:52 | |
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Strong Demand for Crypto Experts on the Russian Labor Market
Statistics from leading job search platforms indicate that the demand for cryptocurrency and blockchain specialists in Russia remains strong. Most employers offering these vacancies are either IT companies or banks. дальше »
2018-6-19 03:10 | |
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Updated Edition of Blockchain Revolution Fills In Some Big Gaps
“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships. дальше »
2018-6-19 22:15 | |
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Japan’s FSA has restrictions on leverage since there is no price law set for Bitcoin
Hyperinflation has made bitcoin popular in the African country because many of its residents do not trust their own fiat currency. In stock markets, investors cannot employ arbitrage because each stock has only one price at a given time. дальше »
2018-6-19 21:37 | |
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Korean crypto exchanges step up to aml compliace. Banks are burning out
Regulation As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. дальше »
2018-6-18 10:37 | |
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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing
As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. дальше »
2018-6-18 08:40 | |
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Cryptocurrency Curriculum in schools gets a “No” by UK Department of Education
Though the availability of formal cryptocurrency and blockchain education around the globe is increasing rapidly, the UK Department for Education (DfE) appear to have no immediate plans to include cryptocurrency as a topic in the UK school curriculum. дальше »
2018-6-18 05:24 | |
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UK Department for Education Says ‘No’ to Cryptocurrency Curriculum in Schools
Though the availability of formal cryptocurrency and blockchain education around the globe is increasing rapidly, the UK Department for Education (DfE) appear to have no immediate plans to include cryptocurrency as a topic in the UK school curriculum. дальше »
2018-6-18 02:00 | |
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New Russian Draft Laws Erases Crypto Related Terms
A report from Kommersant, a local Russian outlet reveals that Anatoly Aksakov, the head of Russia’s State Duma Financial Market Committee explained that crucial changes will be made in the Country’s draft laws which is meant to regulate Cryptocurrency in Russia. дальше »
2018-6-16 11:45 | |
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