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Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions in Turnover Closed Down in Kazakhstan A platform illegally trading cryptocurrencies in Kazakhstan, ABS […]Powered by WPeMatico
Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part of the country. Kazakhstan’s Financial Watchdog Goes After Unlicensed Crypto Exchange Services The Financial Monitoring Agency (FMA) of the Republic of Kazakhstan has dismantled […]Powered by WPeMatico
A company says its vision is to enable everyone to create their own crypto fund with just a few clicks and make their trading “fast, secure and simple” #SPONSORED
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In this edition of The Daily, we look at Coinbase’s decision to create a new investment vehicle for institutions in partnership with asset manager Wilshire Phoenix. We also cover the expansion of bitcoin cash SMS wallet service Cointext into four new markets. Also, New Zealand’s financial regulator has issued a warning against a platform offering […]
The post The Daily: Coinbase Launches Investment Fund, Cointext Enters New Markets appeared first on Bitcoin News.
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In recent news pertaining to cryptocurrency exchanges, Spotware has announced the launch of an “out-of-the-box” cryptocurrency exchange platform, Huobi has announced that it’s Autonomous Digital Asset Exchange will be rebranded to “Huobi Next” before merging with Huobi Global, and Liechtenstein’s financial regulator will hold off on introducing legislation governing the operations of crypto-to-crypto virtual currency […]
The post Exchanges Round-Up: Spotware Launches “Out-of-the-Box” Platform, Huobi to Rebrand Hadax appeared first on Bitcoin News.
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Union Bank AG, a bank in Liechtenstein that offers corporate banking services mainly to companies based in Germany, Switzerland, Austria and the Middle East, has announced that it will be launching its own security tokens in alignment with Liechtenstein’s regulatory authority, FMA, and subsequently its cryptocurrency, “Union Bank payment coin,” which is fully backed by […]
The post Liechtenstein Bank to Launch Its Own Cryptocurrency Backed by the Swiss Franc appeared first on Bitcoin News.
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Cryptocurrency mining can be a very lucrative business under the right circumstances. However, there are also a lot of concerns regarding this particular business model, as some governments don’t take kindly to the idea of mining Bitcoin or altcoins at this stage. In Austria, one major mining operation was shut down earlier this week. INVIA GmbH and Cryptocurrency Mining Over the past year and a half, there has been a sharp increase in the number of companies experimenting with cryptocurrency mining. Given the price surge of Bitcoin and most altcoins throughout the second half of 2017, that is anything but surprising.Powered by WPeMatico