Singapore Introduces Licensing for Crypto Platforms, New Payment Services Now Act in Force

Singapore Introduces Licensing for Crypto Platforms, New Payment Services Act Now in ForceThe Monetary Authority of Singapore (MAS) has announced the commencement of the city-state’s new Payment Services Act. The law mandates the implementation of a licensing regime that applies to payment providers, exchanges and other platforms dealing with cryptocurrencies. Their operators are obliged to meet anti-money laundering and counter-terrorism financing regulations. Also read: Uzbekistan Prepares Crypto […]

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Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone

Bithumb Pledges $8M to South Korea's 'Regulation Free' Blockchain ZoneSouth Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will discuss the preliminary plans with the Financial Services Commission (FSC) this month. Also read: Mining […]

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Cryptophyl.com Launches Dedicated Exchange for SLP Tokens and BCH

Cryptophyl.com Launches Dedicated Exchange for SLP Tokens and BCHThe team behind the former cryptocurrency exchange Voltaire recently announced the launch of a new trading platform specifically designed for Simple Ledger Protocol (SLP) tokens. Three weeks ago the new exchange called Cryptophyl.com launched its trading engine and the first SLP token supported is the community-driven Spice token. Also Read: New Liberty Dollar Founder Subpoenaed […]

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Trading Platform Voltaire Rewards Users With BCH for Every Trade

Trading Platform Voltaire Rewards Users BCH for Every Trade ExecutedOn March 8, London-based exchange Voltaire announced a new incentive for registered traders that provides the ability to earn BCH during each trade executed on the platform. According to Voltaire, which bases all of its exchange paired denominations in BCH, users will earn 0.2 percent of each trade and will be paid in bitcoin cash. […]

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