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Malta Investigated for ‘Lax Oversight’ on Crypto Transactions
Malta has reportedly been singled out by the FATF for its lax oversight on cryptocurrency transactions, according to local media reports. The post Malta Investigated for ‘Lax Oversight’ on Crypto Transactions appeared first on BeInCrypto. дальше »
2021-6-21 11:03 | |
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$3.6 Billion Crypto Theft: South African Bank Denies Relationship With Fraud Accused Africrypt
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. Africrypt Stops Operations Abruptly Africrypt abruptly ceased operations nearly two months ago, prompting the banking institution’s denial. дальше »
2021-6-20 03:17 | |
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$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company’s transactions which helped Africrypt’s two directors disappear with billions of dollars in investor funds. дальше »
2021-6-19 20:30 | |
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China’s Sichuan Asks Bitcoin Miners To Shutdown Operations
According to reports, Sichuan’s Ya’an municipal government has asked Bitcoin miners to shutdown operations in the city. None of the three local sources available at the moment mention how long the crypto mines will remain closed. дальше »
2021-6-19 23:01 | |
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Digital Renminbi and Cash Exchange Service ATMs Launch in Beijing
Two banks in China have begun offering cash exchange services for the digital renminbi, according to reports from local media. The post Digital Renminbi and Cash Exchange Service ATMs Launch in Beijing appeared first on BeInCrypto. дальше »
2021-6-18 12:34 | |
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Huobi Reduces Maximum Leverage to Less Than 5x for Existing Users, No Access for New Customers
One of China’s largest cryptocurrency exchanges, Huobi, is restricting its existing users from using no more than 5x leverage due to concerns about regulatory policies, as per local publication Wu Blockchain. дальше »
2021-6-17 20:27 | |
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Bitcoin (BTC) miners in China plot plans to ‘go green’
Some of China’s storied Bitcoin miners are planning to use more renewable energy sources to power their expansive mining rigs, local outlet CGTN said today. The post Bitcoin (BTC) miners in China plot plans to ‘go green’ appeared first on CryptoSlate. дальше »
2021-6-17 17:00 | |
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Dutch Bureaucracy Raises Bitcoin Eyebrows as Amsterdam Vies For Financial Crown
Netherlands has quickly put cold water over any suggestion of banning crypto with their finance minister, Wopke Hoekstra, telling local media “supervision is more effective than a total ban in... дальше »
2021-6-16 20:09 | |
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Bitcoin (BTC) Pumps and Reaches Local High Above $41,000
Bitcoin (BTC) resumed its increase yesterday, creating another bullish candlestick. It has reached an important resistance area. The post Bitcoin (BTC) Pumps and Reaches Local High Above $41,000 appeared first on BeInCrypto. дальше »
2021-6-15 10:22 | |
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Tanzania’s president is now calling for Bitcoin and crypto adoption
In what appears to be the latest move by a sovereign country to embrace cryptocurrency, Tanzania’s President Samia Sulhulu has asked the country’s Central Bank to start exploring the crypto sector, as per local outlet The Citizen. дальше »
2021-6-15 21:00 | |
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After Central Bank Devalues Naira by 5% Finance Minister Attributes Drop to ‘Market Forces’
Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil price. дальше »
2021-6-15 21:00 | |
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Indian Government May Regulate Crypto as Asset Class: Report
India may be regulating crypto as an asset class under the purview of the Securities and Exchange Board of India (SEBI). In addition, a crypto bill is likely to be introduced during the Monsoon session of parliament, local media reported. дальше »
2021-6-13 06:30 | |
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Russian Court Bans Websites Explaining How to Trade Bitcoin
A court in Russia’s Perm region has decided to block a number of websites describing how to exchange cryptocurrency for fiat cash. Local prosecutors claim the dissemination of this type of information is against the law in Russia as it may facilitate the laundering of illicit funds. дальше »
2021-6-11 09:30 | |
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Iran’s Government Mulls Legal Framework for Crypto Regulations
The President of Iran, Hassan Rouhani, is looking to establish regulatory policies for the cryptocurrency industry. Meanwhile, crypto mining activities remain banned in the country. Iran Planning to Create Crypto Regulatory Policy According to local news media, the Iranian President made the statement while presiding over the Economic Coordination Board meeting held on Tuesday (JuneRead More дальше »
2021-6-11 13:00 | |
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Doge in Brooklyn: A Local Apparel Store Starts Accepting the Famed Crypto
On the heels of the SpaceX announcement that the company accepted dogecoin as payment, an apparel store on Brooklyn’s colorful Flatbush Avenue took the jump as well into the deep, cold Doge waters. дальше »
2021-6-10 13:00 | |
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‘All Banks Go Fintech’: Hong Kong Unveils ‘Fintech 2025’ Strategy
The Hong Kong Monetary Authority (HKMA) plans to guide local banks towards full adoption of fintech technologies, a new strategy reveals. The region’s central banking institution also stressed that it’s going to “walk the talk” by digitalizing its own supervision of financial institutions. дальше »
2021-6-10 10:00 | |
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When Lambo? Milwaukee shop wants to detail your supercar for Bitcoin
A car service shop in Milwaukee, in the US state of Wisconsin, is now accepting Bitcoin and other cryptocurrencies, local network TMJ4 reported today. Bitcoin for details Called ‘Detail Doctor’s,’ the shop launched the crypto services just yesterday and is already enjoying a favorable response. дальше »
2021-6-8 20:00 | |
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Ontario securities regulator takes action against Kucoin
The OSC published a statement of allegations against Mek Global Limited and PhoenixFin Pte. Ltd. on Monday for allegedly violating local securities laws. дальше »
2021-6-9 19:00 | |
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While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty services, maintenance, and technical consultation. дальше »
2021-6-8 21:30 | |
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South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban
Crypto regulation is gaining traction by the day, and the latest is in the Asian nation South Korea. ‘Bicycling’ Creates ‘Conflict Of Interest’ The top regulatory body of the South Korean financial market, the Financial Services Commission, is bringing to an end the practice of ‘bicycling' by crypto exchange operators, per reports from a local […] The post South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban first appeared on BitcoinExchangeGuide. дальше »
2021-6-7 20:32 | |
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Bitcoin miners using hydropower asked to continue in Sichuan
Bitcoin miners in China’s Sichuan province can continue their operations until September this year, local tech publication TechNode reported today. The post Bitcoin miners using hydropower asked to continue in Sichuan appeared first on CryptoSlate. дальше »
2021-6-7 18:52 | |
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Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance
Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more profoundly in the last days with the crackdown of […] дальше »
2021-6-7 07:30 | |
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Hainan Province Warns Investors Against Illegal Crypto Fundraising Schemes
Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province. Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local branch of China’s central bank,Read More дальше »
2021-6-6 19:00 | |
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What The Last Leg Up In The Crypto Bull Market Could Look Like
Crypto assets like Bitcoin and Ethereum have taken a beating since April local highs, calling into question if the once powerful bull market is over or not. If it isn’t, a fractal discovered from the past market cycle forming this time around, could provide a roadmap for the last leg up of the current bull […] дальше »
2021-6-5 20:20 | |
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RBI governor “surprised” that Indian banks cited 2018 laws to block crypto users
Reserve Bank of India (RBI) governor Shaktikanta Das said this week the central bank has ‘no change’ with regards to its approach towards the crypto sector, local outlet Business Standard reported today. дальше »
2021-6-5 17:55 | |
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Bitcoin (BTC) Attempts Breakout From Short-Term Consolidation Pattern
The Bitcoin (BTC) price has been consolidating inside a symmetrical triangle pattern since reaching a local bottom on May 19. The post Bitcoin (BTC) Attempts Breakout From Short-Term Consolidation Pattern appeared first on BeInCrypto. дальше »
2021-6-3 09:55 | |
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Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6. дальше »
2021-6-3 06:30 | |
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Crypto Exchanges Making Moves on Indonesian Market
While global cryptocurrency exchange Luno is considering entry into the Indonesian market, local operator TokoCrypto is exploring an IPO. The post Crypto Exchanges Making Moves on Indonesian Market appeared first on BeInCrypto. дальше »
2021-6-2 16:10 | |
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Bitcoin (BTC) Continues Consolidating After Bounce From Support
Bitcoin (BTC) has been trading inside a symmetrical triangle since reaching a local low daily close on May 30. The post Bitcoin (BTC) Continues Consolidating After Bounce From Support appeared first on BeInCrypto. дальше »
2021-6-2 10:41 | |
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Argentinians turn to Bitcoin mining to support livelihood amidst failing economy
In the heart of an economic crisis, ultra-low utility costs are enabling Argentinians to bank on mining Bitcoin (BTC) as foreign miners head for their piece of the electricity cake, local reports said. дальше »
2021-6-2 22:00 | |
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Relief For Crypto Community As India’s Central Bank Sets The Record Straight On Cryptocurrency Ban
In April 2018, the Reserve Bank of India (RBI) asked local banks to stop providing services to cryptocurrency exchanges and related businesses, subsequently halting fiat-to-crypto trading in the country. дальше »
2021-6-1 21:59 | |
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Reserve Bank of India slams banks after they stop services for crypto users
The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018, an official filing shows. The post Reserve Bank of India slams banks after they stop services for crypto users appeared first on CryptoSlate. дальше »
2021-6-1 18:08 | |
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Indian central bank clarifies regulations as local banks shun crypto
Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. дальше »
2021-6-1 17:54 | |
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UK Banks Suspend Payments to Crypto Exchanges Due to “High Levels of Suspected Financial Crime”
Barclays, Starling, and Mozo are blocking their customers from transferring money to cryptocurrency platforms like Binance and Swiss Borg. These banks are cracking down on transfers to crypto exchanges in recent weeks by suspending payments to the sector, reported local media. дальше »
2021-6-1 17:10 | |
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China: Crypto traders turn to OTC platforms amidst Bitcoin crackdown
Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the sector, as per a report on business outlet Bloomberg today. дальше »
2021-6-1 10:22 | |
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UK Police Raid Alleged Cannabis Farm, Finds Bitcoin Mining Facility Stealing Power
Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing thousands of pounds in the […] дальше »
2021-5-31 07:00 | |
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Police drone finds illegal Bitcoin mine while searching for weed farm
In a bizarre case, UK police busted an illegal Bitcoin mining operation while trying to weed out cannabis operations, local daily Birmingham Live reported today. The post Police drone finds illegal Bitcoin mine while searching for weed farm appeared first on CryptoSlate. дальше »
2021-5-29 04:00 | |
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On-Chain Analysis: Five Metrics Indicate the Middle of a Bitcoin Bull Run
For the past few days, the price of Bitcoin has been consolidating after a monumental correction, reaching the local low at $30,000. Many on-chain analysis indicators also recorded significant declines, going back to levels from before this year's run. дальше »
2021-5-28 16:00 | |
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