Month: June 2018

Indonesia to Regulate Cryptocurrencies as Commodities

by

Cryptocurrencies in Indonesia will be regarded as commodities, according to a new decision by the country’s futures market regulator. It comes after a study concluding that digital coins deserve the commodity status. The government is expected to prepare a broader regulation covering other aspects of the crypto sector including trading and taxation. Also read: Crypto … Read more

Blockchain Developers Abandon Github Following Microsoft Acquisition

by

Microsoft’s acquisition of open source code repository Github has provoked protest from members of the crypto community. Developers of bitcoin core and other blockchains have expressed disquiet at the corporate takeover, with several stating their intent to migrate to an alternative platform at the earliest possible convenience. Also read: Crypto Point-of-Sale Devices Begin Roll-Out in Indonesia … Read more

VC Funding Round-Up: Money Keeps Flowing to Crypto Exchanges and Wallets

by

A collection of recent funding news from the cryptocurrency ecosystem shows that despite record amounts of money raised by ICOs, the traditional route of raising funds from venture capital firms is still going strong. And cryptocurrency exchanges are involved both as investment targets and investors.  Also Read: Crypto Point-of-Sale Devices Begin Roll-Out in Indonesia Despite Ban … Read more

Coinbase Unveils Plans to Enter the Japanese Market

by

One of the largest US cryptocurrency companies, Coinbase, has unveiled its plans to enter the Japanese market in order “to accelerate the global adoption of cryptocurrency.” The company has been in talks with the country’s financial regulator to ensure compliance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Opens Office in Japan Coinbase … Read more