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Korean Banks are Holding Nearly $2 Billion in Crypto Like Bitcoin and Ethereum
Yonhap, a mainstream media outlet in South Korea, reported that commercial banks in the country are holding nearly $2 billion worth of cryptocurrencies. The post Korean Banks are Holding Nearly $2 Billion in Crypto Like Bitcoin and Ethereum appeared first on CryptoSlate. дальше »
2018-7-9 03:36 | |
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Korean Banks Held $1.79 Billion in Crypto During the 2017 Bull Run
Yonhap, a mainstream media outlet in South Korea, reported that commercial banks in the country are holding nearly $2 billion worth of cryptocurrencies. The post Korean Banks Held $1.79 Billion in Crypto During the 2017 Bull Run appeared first on CryptoSlate. дальше »
2018-7-9 03:36 | |
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Indian Police want to sell crypto and get ahead of RBI ban
Regulation Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges. дальше »
2018-7-8 01:02 | |
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Indian Police Seek to Sell Crypto and Bypass RBI Ban
Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges. дальше »
2018-7-8 23:40 | |
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Israeli Crypto Exchange Bits shares customer information with gold tax payments
Bits of Gold – local Israeli cryptocurrency exchange – has agreed to pass on information to the country’s Tax Authorities on deposits and trading activity. Israel Tightens the Knot In what seems to be a step towards tightening up the cryptocurrency trading environment in Israel, the local Tax Authorities have reached an agreement with a дальше »
2018-7-7 08:31 | |
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France’s Financial Regulators Alert Public About Unauthorized Crypto Investing Sites
The French financial market has been establishing new regulations in an effort to police the crypto actions in their country. On Thursday, they warned the public of many crypto websites that they need to stay away from, due to their lack of authorization to operate within France. дальше »
2018-7-7 07:26 | |
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Israeli Crypto Exchange Bits of Gold Agrees to Share Customer Info with Tax Authority
Bits of Gold – local Israeli cryptocurrency exchange – has agreed to pass on information to the country’s Tax Authorities on deposits and trading activity. Israel Tightens the Knot In what seems to be a step towards tightening up the cryptocurrency trading environment in Israel, the local Tax Authorities have reached an agreement with a local digital exchange Bits of Gold. дальше »
2018-7-7 07:00 | |
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Why India and China won't lift their crypto bans anytime soon
The highest court in India this week upheld the reserve bank's decree prohibiting the country's banks and other regulated lenders from dealing with or supporting any cryptocurrency-related services, including allowing customers to buy crypto with credit cards. дальше »
2018-7-8 04:00 | |
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India Feeling the Effect of the RBI’s Crypto Ban as Zebpay Halts Fiat Transactions
It’s been a gloomy week for the crypto community in India. After three months of waiting for the Supreme Court to make a ruling on the petitions against the RBI’s directive in April, it finally happened on July 3. дальше »
2018-7-7 00:00 | |
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Korean Financial Authorities Draft Policies to Help Grow Crypto Industry
Financial authorities in Korea will ease regulations on crypto-based assets in attempts to line-up with policies brought forth by the G20 nations and foster growth in the industry. Korea Establishes “Unified Regulations” The new polices are “unified regulations” that relate to “all activities” of Korea’s cryptocurrency exchange operators — a country that has a huge. дальше »
2018-7-7 00:00 | |
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Japan Is Proving to be a Surprising Haven for Crypto Miners
Rural Japan is luring more and more cryptocurrency mining operations. They’re attracted by subsidised rents, as well as relatively low electricity rates. Cities Like Fukui Seeing More Mining Operations Spring Up When you think of large scale cryptocurrency mining operations, Japan probably isn’t the first place that springs to mind. дальше »
2018-7-7 22:00 | |
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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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Why India and China won't lift their crypto bans
The highest court in India this week upheld the reserve bank's decree prohibiting the country's banks and other regulated lenders from dealing with or supporting any cryptocurrency-related services, including allowing customers to buy crypto with credit cards. дальше »
2018-7-6 19:33 | |
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What You Need To Know About Thai Crypto Regulations That Come Into Force This Month
Thailand are now on hot pursuit of cryptocurrency regulations which will in turn go on to see the country adopt a similar approach to regulation as we have seen in Japan. Though at the moment, even Japanese style regulation is looking uncertain at the moment. дальше »
2018-7-6 06:00 | |
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Maltese Parliament Passes Three Blockchain Bills into Law
The Maltese Parliament has passed three bills into law that establish a regulatory framework for the country's blockchain sector, Malta Today reports. Just last week, the Parliament “unanimously voted” to approve these bills in its second reading. дальше »
2018-7-5 20:51 | |
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Uzbekistan’s President Issues New Decree Regarding Crypto Legalization
Legalizing cryptocurrencies has been up for debate in the economies around the world lately, even with the decrease in value in so many different coins. President Mirziyoyev recently signed a decree in Uzbekistan that allows individuals and businesses to gather licenses for trading and other crypto activities. дальше »
2018-7-5 20:47 | |
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Reserve Bank of India’s Ban on Cryptos Upheld by Supreme Court
The long-awaited decision by India’s highest court finally arrived, and the crypto community has lost. The drama began when the Reserve Bank issued a directive to all financial institutions in the country to cease offering financial services to the crypto industry. дальше »
2018-7-5 18:00 | |
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Supreme Court’s Decision on RBI’s Restrictions May Push Crypto Industry Towards a P2P Model
India’s top court just dealt a major blow to the cryptocurrency industry in the country. The nation’s crypto community was stunned when the Supreme Court refused to overturn the Reserve Bank of India’s (RBI) ban, which barred all financial institutions it regulates from dealing with cryptocurrencies. дальше »
2018-7-5 16:09 | |
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Overhauling Crypto Regulation being looked into by Japanese Regulators
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. Japan Confirms Entrance дальше »
2018-7-5 05:46 | |
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Uzbekistan’S President Signs Decree on Blockchain Integration, cryto remains out of taxes.
The President of Uzbekistan has signed a decree on the development and integration of blockchain technology, cryptoassets, and crypto mining with the goal of modernizing the state administration system and advancing digital economics in the country. дальше »
2018-7-5 05:41 | |
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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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UK Finance Regulator FCA Approves Crypto & Blockchain Companies for 4th Cohort of Sandbox
Financial Conduct Authority Approves Crypto Companies for 4th Cohort of Regulatory Sandbox One of the most important regulatory agencies in the country, the Financial Conduct Authority (FCA), unveiled on July the 3rd, all the firms that were successfully approved to begin testing the fourth cohort of the sandbox. The City regulator named some cryptocurrency and […] дальше »
2018-7-5 00:22 | |
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Report: 18% of People in Turkey Own Crypto Compared to 8% in the US
Eighteen percent of people in Turkey own crypto compared to eight percent in the United States, according to a study conducted by ING Bank. ING Bank Poll Finds 35% Europeans Agree Bitcoin Is the Future of Spending Online “Cracking the Code on Cryptocurrency” surveyed about a thousand respondents in each country to understand their attitudes. дальше »
2018-7-5 22:00 | |
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Iranian Government Gags Crypto Exchanges To Fight 127% Inflation And New US Sanctions
The government in Iran has gagged bitcoin exchanges across the country, claim bitcoin users and alternate coin community of the Islamic state. The government has been censoring its citizens from engaging in crypto-economy, to apparently counter the fresh round of economic sanctions that the US government is looking to impose later in August this year. дальше »
2018-7-5 21:31 | |
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Swiss Regulators Aim to Give Crypto Firms Better Access to Financial Services
Switzerland is attempting to position itself as a hub for cryptocurrency activity. Surprisingly, it seems the country’s policymakers are intent on bridging the gap between cryptocurrency and traditional banking. дальше »
2018-7-4 17:00 | |
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Japanese Financial Services Agency Set To Shake Up Current Regulation Framework
The Financial Services Agency of Japan (FSA) are now notorious for their stance on cryptocurrency exchanges. Internationally, Japan are spearheading a movement towards cryptocurrency regulation through their regulation of cryptocurrency exchanges in the country. дальше »
2018-7-4 13:50 | |
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Swiss Banks to Welcome Cryptocurrency and break Singapore’s crypto dominance
Switzerland businesses are urging their government to allow banks in the country to add cryptocurrency transaction system, says the Financial Times. In an exclusive interview to the economic publication, Crypto Valley’s Heinz Tannler says, “We hope to clarify relationships by the end of the year at the latest. дальше »
2018-7-3 23:23 | |
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Court Says India’s Crypto Trade Bank Account Boycott Will Continue
India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related дальше »
2018-7-3 21:52 | |
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Indian Supreme Court attended Crypto Petition but Upholds RBI Ban – Will get effective in 2 days.
Regulation The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. Japan Confirms Entrance Into the Crypto Space No Stay Granted by Supreme Court The Supreme Court of India heard one petition against the crypto banking ban imposed by the Reserve Bank of India (RBI) on Tuesday, дальше »
2018-7-3 19:04 | |
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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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China’s previous ‘Top Three’ crypto exchange BTCC reorganizes with its original token
Last year, BTCC announced its plans to shut down its exchange platform after China introduced a blanket ban on the functioning of crypto exchanges or any other crypto-related activities in the country. дальше »
2018-7-3 22:49 | |
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Blockchain Arm of Installment Benefit Supplier Qiwi Dispatches Crypto Venture Bank
The Crypto Investment Bank will help its clients towards fundraising process through ICOs as well in developing their blockchain networks. Representatives from the blockchain division of the Russia-based payment service provider Qiwi has announced the launch of the country’s first crypto investment bank named HASH. дальше »
2018-7-2 20:43 | |
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Thai Securities Firms to Group Up for Crypto Trade Launch
A group of traditional securities firms in Thailand is planning to jointly launch a new cryptocurrency exchange, a report indicates. According to the Bangkok Post on Monday, the Association of Securities Companies (ACE) – a body that represents the country’s securities firms – said it is in talks with regulators about allowing established financial firms to дальше »
2018-7-2 19:49 | |
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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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Starting From Scratch: Crypto Is Changing The Game In Africa
Imagine what you would do if every penny you owned became worthless. That’s the subject of “Starting from Scratch,” a documentary short currently making the rounds on YouTube and Twitter. The seventeen-minute film follows the introduction of Kuvacash, a new crypto payments platform, to Zimbabwe, a country still reeling from hyperinflation and revolution. дальше »
2018-7-2 14:19 | |
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South Korea Unveils New Supportive Crypto Regulations
The South Korean Financial Services Commission (FSC) had released a new regulatory framework and Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines for cryptocurrency exchanges in the country. дальше »
2018-7-1 14:49 | |
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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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Beware of Crypto Risks: Bank of England Deputy Governor Issues Warning
The Bank of England has warned financial institutions in the country to limit their exposure to crypto assets. In a letter written by the bank’s deputy governor, the regulator cautioned firms against letting their guard down as the popularity of cryptos soars. дальше »
2018-6-30 20:00 | |
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Russian Payment Provider ‘Qiwi’ Launches First Crypto Investment Bank
Qiwi has strengthened its position as the largest e-payments service provider in Russia, after launching the country’s first crypto investment Bank, HASH. Keying into the booming crypto market, HASH will provide advice to investors and also help interested companies to convert their assets to tokens. дальше »
2018-6-30 19:15 | |
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Abu Dhabi Regulator Introduces Regulations for Its Financial Center and Free Zone
The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has launched a “crypto asset regulatory framework,” as announced in a statement on Monday, June 25. It will apply to the country’s international financial center and free zone. дальше »
2018-6-30 17:29 | |
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Why Chairman of Japan’s Second Biggest Bank Believes Crypto Will Lead the Nation’s Economy
SBI Holdings chairman and SBI Group CEO Yoshitaka Kitao, who oversee the second largest financial institution in Japan behind Mitsubishi UFJ Financial Group, said that crypto and blockchain technology will accelerate the country’s economy in the long run. дальше »
2018-6-30 16:00 | |
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Media: Payments Provider Qiwi Launches Russia’s ‘First’ Crypto Investment Bank
Subsidiary of Russian payment service provider Qiwi has launched the first crypto investment bank in the country to manage ICOs, according to local reports
дальше »2018-6-30 15:32 | |
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Ripple To Make Waves Within Indian Remittance Services
A new post on the Ripple website discusses how Ripple plan to enter the Indian remittance economy. Ripple recognise just how large scale remittance payments are in India, given that according to Ripple, over the past few years, India has been the largest receiver of remittance payments, in 2017 alone, $69 Billion flowed into India through remittance services. дальше »
2018-6-30 15:00 | |
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