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Bitcoin – Page 1977 – DIGIT INFO

Strict Regulations Force South Korean Banks to Stop Servicing Cryptocurrency Exchanges

Following the inspections of six major banks this week, South Korean regulators have uncovered some inadequate internal controls for handling cryptocurrency exchanges. Given the government’s strict rules, some banks have decided to stop providing services to cryptocurrency exchanges instead of overhauling their systems further to comply with the regulations. Also read: South Korea Urges 23 Countries, … Read more

Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Japanese e-commerce and entertainment giant DMM Group has launched its crypto exchange, supporting 7 cryptocurrencies and 14 trading pairs. The group is also preparing to launch another crypto exchange in the Spring aimed at inexperienced investors. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading DMM’s Crypto Exchange Launched … Read more

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized The Russian Deputy Finance Minister Alexei Moiseev told reporters that … Read more

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