2018-9-5 21:38 |
The island country is making further headway on cryptocurrency regulation.
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The Japanese Financial Services Authority (FSA) has introduced stricter screening protocols for cryptocurrency exchange platforms that wish to operate in the country. More Robust Screening Paradigm According to Japan Times, the FSA has upgraded its screening process to make it more robust and stricter for digital currency exchanges who wish to operate in Japan.
2018-9-5 01:03 | |
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Newly-elected President Ivan Duque is encouraging blockchain and cryptocurrency innovation in Colombia. Duque has issued a welcoming call for blockchain and crypto start ups as part of his broader effort to use blockchain technology to fight corruption and support economic growth within the country.
2018-9-5 00:02 | |
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A Russian cryptocurrency company is fighting back against Russian authorities who, according to the company, illegally seized twenty-two Bitcoin ATMs operating throughout the country. Details of the Seizure BBFpro, a Russian company that services Bitcoin ATMs in Russia, is not experiencing the best of times, as Russian authorities have seized twenty-two of its ATMs.
2018-9-5 23:47 | |
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UK-based cryptocurrency exchange platform Crypto Facilities has launched perpetual futures contracts on five cryptocurrencies. The platform is registered with the country’s Financial Conduct Authority and already offers fixed maturity futures on six trading pairs.
2018-9-4 17:00 | |
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New Crypto Exchange Regulations in the Philippines to Finally Be Published Next Week The Securities and Exchange Commission (SEC) in the Philippines have been working to find the right regulation to govern the cryptocurrency in the country.
2018-9-4 12:51 | |
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United States’ stance on any issue is always hard to see clearly. However, in the crypto sphere, the country has identified cryptocurrencies as assets and not currencies. Even though crypto investment in the country is subject to capital gains tax, the nation has developed some amazing, and worldly popular crypto projects.
2018-9-4 09:32 | |
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Filipino cryptocurrency exchanges could see draft rules outlining their treatment as trading platforms as soon as next week, the country’s financial regulator told local media last week. ‘Regulate Them As Trading Platforms’ As The Manila Times reports September 3, the Philippines’ Securities and Exchange Commission (SEC) plans to release “draft rules” governing exchanges, which currently operate on a case-by-case approval basis, by the middle of the month.
2018-9-3 22:00 | |
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Cryptocurrency–While the ongoing inflation and forced impoverization of the Venezuelan population is bordering on a crisis, the scenario surrounding government fiscal policy, imposed fiat usage and the role of cryptocurrency is creating an interesting incubation for the industry.
2018-9-3 23:15 | |
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Japanese Regulators Introduce New Measures To Protect Consumers Japan has long been at the forefront of the cryptocurrency/blockchain industry, with innovators and forward-thinkers within the country quickly adopting and developing crypto assets and similar technologies.
2018-9-3 21:43 | |
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The crypto revolution is spreading through Latin America, and is making major inroads in one major South American country. No, not that one. But shoppers in Brazil and Colombia may soon be able to pay for their groceries in cryptocurrency.
2018-9-3 17:22 | |
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A South Korean lawmaker has reportedly proposed designating a regulation-free special cryptocurrency zone aimed at initial coin offerings. It has been about a year since token sales were banned in the country but the government has yet to introduce any guidelines for them.
2018-9-2 12:42 | |
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Law enforcement officials in Russia have seized 22 BATMs installed at stores and restaurants in 9 different cities. The confiscation has been carried out on orders from the Prosecutor’s Office and the Central Bank, local media reported.
2018-9-2 04:50 | |
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Japanese retail conglomerate, Rakuten, has announced the purchase of Everybody’s Bitcoin Inc. , an unlicensed cryptocurrency exchange platform in the country. The acquisition follows a history of past forays into the emerging industry by the e-commerce behemoth.
2018-9-1 19:00 | |
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After several instances of cryptocurrency-based crime and a stark increase in the use of cryptocurrencies as a money-laundering tool, Japan’s National Police Agency (NPA) revealed it would launch a crypto-tracking software to trace digital currency transactions in the country.
2018-9-1 12:00 | |
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Japan has been most accepting of the blockchain technology ever since it was introduced to the general public. It has supported the citizens’ participation in the crypto sphere and recognises crypto currencies as commodities.
2018-9-1 09:11 | |
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The recent trend of events seem to suggest a general acceptance for cryptocurrency in many countries. Colombia has also joined in the quest to make the environment favourable for cryptocurrency and blockchain industry by cutting down rent taxes for crypto companies in the country.
2018-9-1 03:05 | |
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This past week has seen progress in two aspects of Bitcoin: privacy and payments. Attitudes toward blockchain technology are also showing progress as two surveys reveal.
2018-9-1 02:06 | |
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Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts.
2018-8-31 22:00 | |
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Although one of the primary goals of Bitcoin is to create a currency that is borderless and decentralized, a recurring concern is the way (other than mining) that we are able to actually acquire it and other cryptocurrencies.
2018-9-1 21:31 | |
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Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via its Aadhaar system would lead to the “death” of democracy.
2018-8-31 19:00 | |
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Pundi X has created the world’s first blockchain-based point-of-sale (POS) terminal that could support multiple currencies and help in better crypto adoption across the globe. It will now move to a promising emerging market — Brazil.
2018-9-1 18:19 | |
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Indonesian point-of-sale (POS) terminal maker Pundi X Labs (Pundi X) has struck a distribution deal with Brazilian company BitCapital to have 1,000 of its XPOS device distributed in retail outlets across the South American country, the startup said earlier this week.
2018-8-31 16:02 | |
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With adoption increasing worldwide, cryptocurrency is making its way into the mainstream. The United Arab Emirates (UAE) is the latest country to join the movement, as Adab Solutions launches the first-ever Sharia-compliant cryptocurrency exchange.
2018-8-31 14:00 | |
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Hankyung, a mainstream media outlet in South Korea, has reported that Bithumb, the country’s second largest crypto exchange, will officially resume new user registrations on September 1. Bithumb has disallowed new registrations for traders in South Korea since January of 2018, following the encouragement of the government to establish formal agreements between cryptocurrency trading platforms.
2018-9-1 13:56 | |
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After an all out assault on cryptocurrencies in India by the central bank – The Reserve Bank of India (RBI) many speculated around why the RBI had decided to essentially bank cryptocurrency trading in the country.
2018-8-31 08:00 | |
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Hong Kong cryptocurrency exchange Sparkdex announced the launch of its decentralized exchange on the 30th of August 2018. The exchange is specifically designed to protect crypto traders in the country.
2018-8-31 01:53 | |
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The Reserve Bank of India (RBI), the country’s central bank, is reportedly losing sleep over the unconsidered consequences of its cryptocurrency crackdown. Reports from the country indicate that the virtual currency market has mostly adapted to the environment created by the RBI ban with a shift towards peer-to-peer (P2P) platforms and crypto/crypto trading pairs.
2018-8-30 23:26 | |
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China’s Guangzhou Development District, one of the first economic development zones in the country, has banned cryptocurrency promotional and publicity activities in the area. This comes on the heels of a similar notice issued in the Chaoyang District in Beijing.
2018-8-30 19:32 | |
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Will China Be Successful at Crushing Cryptocurrencies? In 2017, a major underlying theme in the cryptocurrency marketplace was “China Bans Cryptocurrency”. While the 2018 narrative as shifted to “SEC Denies Another Bitcoin ETF“, let's take a look at if the country and global powerhouse known as China would have the power to dismantle Bitcoin and […]
2018-8-30 19:02 | |
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Russia’s Ministry of Internal Affairs is considering establishing criminal liability for unregistered crypto operations. According to a report dated August 23, 2018, the head of Russia’s Main Directorate for Drug Trafficking, Andrey Khrapov, has asked the country’s legislators to require that all cryptocurrency transactions exceeding 600,000 rubles (around USD 9000) be registered with or monitored by Russian authorities.
2018-8-30 17:00 | |
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Iran’s national cryptocurrency will be backed by the country’s fiat currency, the rial, and will be distributed in two phases, first as an interbank token and secondly for retail payments. These are some of the features of the digital currency that were revealed by the Informatics Services Corporation (ISC), an institution that develops banking and […]
2018-8-30 17:00 | |
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Despite its fierce battle against cryptocurrency, India’s Central Bank, The Reserve Bank of India has set out to create a digital currency to be used for payments in the country. According to the Bank’s 2017-2018 annual report published on Wednesday, a committee of members from different departments has been set up to look into the […] The post India Central Bank Considers Using a Digital Currency for Payments appeared first on ZyCrypto.
2018-8-30 16:14 | |
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In response to a number of economic sanctions imposed on Iran by the United States, the country had announced that it would be considering the production of a native cryptocurrency, designed to help Iranian banks avoid the sanctions imposed by the Trump administration.
2018-8-30 23:00 | |
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If you’re struggling to keep up with the events in China regarding the new moves to totally ban cryptocurrency in the country we can sympathise with you. As it stands, China have very much fallen off the fence and are now going hard against cryptocurrencies.
2018-8-29 15:00 | |
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No other jurisdiction has changed its stance on cryptocurrencies as quickly as Iran. From being excessively tough on digital coins and ordering banks not to deal with crypto related businesses in April, to creating the final drafts of its state-backed digital currency, the country has come a long way in the crypto world in a […] Iranian State-Backed Crypto Draft Ready, Awaits Central Bank’s Nod was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-29 14:20 | |
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In a bid to push its new digital currency, the Banco Central de Venezuela, the country’s central bank, has recently launched an Android app. The app, known as “Calculadora Soberana”, allows users to convert their old Bolivar to the newly coined Bolivar Soberano, which is pegged to the country’s controversial Petro cryptocurrency.
2018-8-29 01:08 | |
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Japan is both one of the largest crypto markets in the world and one of the most crypto-friendly countries. However, the Japanese government has been increasingly vigilant on the crypto industry as a whole, an understandable stance after the country was hit with what is touted to be the largest crypto heist in history.
2018-8-28 19:24 | |
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The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state.
2018-8-28 19:11 | |
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India is a nation now known for its anti-cryptocurrency stance, yet they are still fostering a very positive attitude towards blockchain technology. I must note that in India, the people are very much pro crypto, but the Indian central bank, The Reserve Bank of India are very much against crypto, making moves to essentially ban cryptocurrency in the country.
2018-8-28 16:00 | |
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Iran has been developing a national cryptocurrency, a move that could allow them to evade US economic sanctions. Informatics Services Corporations, the country’s leading provider of banking systems, has reportedly been designing and developing the cryptocurrency and has now revealed its features.
2018-8-28 15:55 | |
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Last week, Chinese authorities made their vision on cryptocurrencies very clear, as new movements took hold across the country banning certain aspects of the industry, including the spread of crypto news on social media giants, WeChat, a block on over 100 cryptocurrency exchanges via Chinese internet and even a ban on event venues in Beijing hosting cryptocurrency and blockchain related events and conferences.
2018-8-28 15:00 | |
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Krypton Capital is moving from the Ukrainian capital to Malta to benefit from the country’s favorable cryptocurrency and blockchain regulations.
2018-8-28 14:33 | |
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An Indian cryptocurrency exchange has come up with a new method to allow its users to deposit and withdraw rupees despite the crypto banking ban by the country’s central bank. The exchange also guarantees that rupee requests will be processed within 30 minutes or the user will receive ten free XRP credited to their account.
2018-8-28 13:56 | |
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A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims.
2018-8-28 07:45 | |
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North Korea Plans “Korean International Blockchain Conference” It is common knowledge that the reach of the cryptocurrency industry spans from the northernmost tip of Canada, right to the heart of South Africa.
2018-8-28 22:45 | |
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Sources in Iran have given details of the country’s as yet unreleased cryptocurrency, which is currently being tested and reviewed.
2018-8-28 21:45 | |
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The deputy for innovative technologies at the Central Bank of Iran, Nasser Hakimi, has stated that Iran’s financial regulator will be reviewing the country’s blanket cryptocurrency ban. The central bank official also indicated that the country’s regulatory apparatus pertaining to virtual currencies is expected to be finalized by the end of September.
2018-8-28 21:15 | |
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The Reserve Bank of India (RBI) – the country’s apex bank, has set up a department tasked with monitoring developments in cryptocurrency, blockchain technology, and artificial intelligence. This move comes as commercial banks are still prohibited from facilitating cryptocurrency transactions and the Supreme court decision on the matter expected later in September 2018.
2018-8-27 19:29 | |
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Reddit Co-founder Alexis Ohanian has revealed his optimism about the future success of bitcoin despite the daily slump in price in an interview with Yahoo Finance.
2018-8-27 18:22 | |
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Neil Walsh, chief of the cybercrime and anti-money laundering arm of the United Nations' department on drugs and crime, has stated that the "anonymizing and pseudo-anonymizing" aspects of cryptocurrencies have made it extremely difficult to combat terrorist financing, money laundering, and cybercrime.
The US Securities and Exchange Commission (SEC) has settled with crypto exchange Bitqyck and its founders Bruce Bise and Sam Mendez over what the SEC believed was an unregistered token sale that raised $13 million.
Yesterday, August 28, Paige Thompson was indicted after allegedly hacking Capital One and 30 other entities. Along with being charged with wire fraud and computer fraud and abuse, court documents state Thompson used Capital One's cloud servers to mine cryptocurrency.
Federal court has entered case-ending sanctions against Craig Wright in the long-running court battle between Wright and the estate of his deceased developer partner, Dave Kleiman. Judge Bruce E.
The Central Bank of Brazil has adopted the International Monetary Fund's crypto classification guidelines, meaning traded cryptocurrencies within the country will be classified as non-financial products and, as such, will be counted as goods on the central bank’s balance sheet.
Westwood, California, resident Kunal Kalra has pleaded guilty to running an unlicensed bitcoin exchange and ATM. Kalra allegedly took part in $25 million worth of trading without obtaining a money-remitting business license or implementing any anti-money laundering processes.
Last week, six members from the US House of Representatives’ Financial Services Committee met with Swiss regulators, including the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority, to discuss Facebook's Libra project.