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South Korea’s national legislature has officially proposed to allow domestic initial coin offerings, effectively lifting the ban imposed by the government in September last year. With the lack of proper guidelines, South Korean companies have been migrating abroad to launch their token sales. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space National Assembly’s Proposal … Read more
In times when cryptocurrency markets are experiencing a relatively significant dip, some influential voices continue to sound optimistic. We cover these opinions in today’s edition of Bitcoin in Brief. Of course, positive predictions are almost always balanced by some negative expectations; in this case they are part of a short-term prognosis. Also read: Bitcoin in … Read more
Jimmy Wales on crypto “bubble”: “It might pop tomorrow, but more importantly, it will pop” Go to Source Powered by WPeMatico
Cease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led by the North American Securities Administrators Association, is targeting ICO projects and blockchain startups suspected of fraudulent activities and violations of existing securities laws. Actions have been taken already by NASAA … Read more
One of South Korea’s largest cryptocurrency exchanges, Bithumb, has reportedly announced that it will gradually lower the withdrawal limit for any accounts that have not been converted to real-name ones, citing risks of financial crimes. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Lowering Withdrawal Limit Bithumb reportedly said on Monday that it has “decided … Read more
Corner those experienced within cryptocurrency’s ecosystem, and they’ll admit something akin to addicts exist. That fine line between obsession and irrational exuberance is probably best exemplified in wild price fluxuations, furious buying and selling. At least one historic county in Scotland, Peeblesshire (Siorrachd nam Pùballan), believes they’ve identified bitcoin addicts, and are beginning to treat … Read more
At press time, bitcoin has fallen by another $100, and is now trading for $7,200. The bears continue to control the market as the cryptocurrency arena has thus far lost over $150 billion from its May high. Recently, it was announced that the U.S. Justice Department was opening an investigation into the manipulation of cryptocurrency … Read more
A Scottish hospital is offering a course of residential treatment for ‘crypto addicts,’ who experts say show similar behavior to problem gamblers Go to Source Powered by WPeMatico
Bithumb is banning users from 11 countries, citing the need to follow “global anti money laundering efforts” Go to Source Powered by WPeMatico
South Korea’s largest cryptocurrency exchange Bithumb has announced that it will block trading in 11 countries as part of its revised internal regulations aimed to prevent money laundering using its system. Foreign users will also need to undergo a stricter verification process. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Preventing Money Laundering Bithumb announced … Read more