Blockchain Can Turn the Finance Industry Upside Down: Germany’s Finance Chief

Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market and the drop in the … Read more

Indian Government’s Cryptocurrency Panel Doesn’t Aim to Ban Bitcoin

India is a very peculiar country when it comes to cryptocurrency and blockchain technology. With a lot of conflicting reports regarding the future regulation of this industry, anything and everything could still change in the near future. It now seems the government may prepare to overturn the “ban” on cryptocurrency activity. India Continues to Surprise … Read more

Japan Cracks Down on Malicious Cryptocurrency Mining Operations

There has been a global increase in the number of malicious cryptocurrency mining attempts. In Japan, the situation has become so dire that the government has decided to get involved. It has authorized police officials to charge people with mining cryptocurrency without consent. Ending Illicit Cryptocurrency Mining Over the past eight to twelve months, the … Read more

Estonia Grants License to Crypto Trading Software Provider Ibinex

Ibinex, a company that specializes in white-label solutions for cryptocurrency exchanges, has obtained a license to operate in Estonia. Besides exchange services, it also plans to offer both hot and cold wallets within the regulatory framework of the tech-savvy, crypto-friendly Baltic nation. Also read: Estonia Grants Licenses for Wallet and Exchange Services to Coinmetro EU … Read more

Venezuela Begins Monitoring Bank Accounts for Crypto Transactions

The government of Venezuela has started monitoring the bank accounts of its citizens for cryptocurrency-related transactions. Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President Tareck El Aissami said. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Next Phase … Read more