Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says

Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker SaysOnly a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker has recently stated. Andrey Lugovoy, who is one of the deputies working on new crypto regulations, also said Russia can become a global leader in […]

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India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection

India's Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risk to Consumer ProtectionIndia’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price volatility,” the apex bank claims, stressing that “cryptocurrencies pose immediate risks to customer protection and anti-money laundering (AML) / combating the financing of terrorism […]

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South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’

South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an 'Overheated Market'Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. Government Seeks International Help to Monitor International Crypto Exchanges According to Chosun, the South Korean Government […]

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Report: Bitcoin Use on Darknet Markets Doubled in 2018

Report: Bitcoin Use on Darknet Marketplaces Doubled Throughout 2018Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks set to remain a favorite on DNMs, despite the existence of more privacy-focused cryptocurrencies. Also […]

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1200 Australian New Agencies Are Selling Fractions of Crypto

1200 Australian New Agencies Are Selling Fractions of CryptoCryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines. Also Read: Australian High School to Host Information Night on Cryptocurrencies  Australians Can Now Buy Cryptocurrencies With 1,200 News […]

The post 1200 Australian New Agencies Are Selling Fractions of Crypto appeared first on Bitcoin News.

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