Indian Crypto Exchanges Forge Ahead With Solutions to RBI Ban

Indian cryptocurrency exchanges are forging ahead with their solutions to the crypto banking ban imposed by the country’s central bank. A growing number of exchanges have stopped fiat support as they ramp up peer-to-peer and crypto-to-crypto trading. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI Ban in Effect The crypto banking ban by … Read more

IOTA Price: Short-term dip Isn’t Overly Concerning

It appears bearish momentum is taking hold of the cryptocurrency markets again. After a successful weekend, prices have come down quite a bit once again. Altcoins are feeling the pressure, whereas Bitcoin is still somewhat stable. Especially the IOTA price is dealing with steep declines, which causes some panic among currency holders. IOTA Price Drops Quickly … Read more

The Daily: Bitmain Valued at $12 Billion, New US Crypto Exchange Opens for Business

In today’s edition of Bitcoin in Brief we cover how Bitmain’s valuation reached $12 billion, the opening of a new US-based crypto exchange, and Binance’s decision to donate $1 million to flood victims in Japan. Additionally, we explore what parts of the current crypto ecosystem Vitalik Buterin hates. Also Read: Youtube Dragged Into Bitconnect Class … Read more

Kumamoto Electric Company and OZ Mining Corporation to Start Mining in Southern Japan

Kumamoto Electric Power Company and OZ Mining Corporation have announced that they will start operating a crypto mining farm from August, aiming to install 14,000 mining machines and reach 90 million yen profit by March 2020. Also read: Japan’s Internet Giant GMO Launches New Upgraded 7nm Bitcoin Miner Kumamoto Electric Power Company to Offer Cheap Rates Kumamoto … Read more

Korean Regulations: Policy Easing, New Crypto Classification, Central Bank Report

South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released … Read more

German Bank Offers Special Accounts to Cryptocurrency Firms

The Berlin-based Banking-as-a-Platform (BaaP) institution Solarisbank has recently announced the launch of their new banking service plan that’s focused on clients from the blockchain and digital currency industry. The newly featured resource called the ‘Blockchain Factory,’ will offer financial management services to companies whose business operations deal directly and indirectly with cryptocurrency solutions and blockchain technology. … Read more

ATO to Target Crypto Traders Using International Data Agreements

Australia’s financial press is expecting that the Australian Taxation Office (ATO) will take a hard stance on cryptocurrency investors this tax season, with the ATO recently vowing to leverage international data-matching agreements in order to track the taxation obligations of Australian cryptocurrency traders. Also Read: The Weekly: Coinbase Custody Opens, Malta Adopts Crypto Law, Bittrex Invades … Read more