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At press time, the father of cryptocurrency is still trading in the $6,500 range. Nothing has been altered in bitcoin’s present course; it’s stayed in this range for the past several days and isn’t looking to move. Bitcoin has found a comfortable spot, and it’s too busy lying back and sipping martinis to worry. It … Read more
The Financial Supervisory Authority of Norway is enforcing new money laundering regulations that apply to crypto exchange and storage providers in the country. The law will go into effect on Oct. 15 and will affect companies established in Norway including branches of overseas companies. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals … Read more
Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. Meanwhile, the Korean Blockchain Association has also come up with its own set of guidelines for crypto exchanges and ICOs. Also read: 160 … Read more
Crypto exchange Coinex will pay out long-term dividends, interest, in bitcoin cash (BCH) for coinex token (CET) holders, according to its website announcement. “If your CET holdings are on Coinex, we’ll calculate the dividends into BCH and allocate directly to your accounts,” the company explained. Also read: Bitcoin Cash Speaker Series II Brings Leading Bitcoiners … Read more
Bitcoin is unchanged over the last 48 hours and is still trading for roughly $6,500. The price is virtually unmoving, as during yesterday’s price piece we discussed the long “sideways” trend it was following. However, where bitcoin has changed – at least according to one source – is in its volatility. The volatility of bitcoin … Read more
Dan Held, co-founder of Interchange, published a summary on Thursday about the perceived fairness of Satoshi Nakamoto’s initial distribution of bitcoins. The director of the institutional-grade cryptocurrency portfolio management service argues that the Bitcoin protocol’s earliest cryptocurrency distribution processes remain the most honest and equitable to date, particularly in comparison with the methods favored by … Read more
This week we wanted to let our wallet users know that we are sunsetting the Shapeshift API in the Bitcoin.com Wallet. The trading platform Shapeshift has decided to change the firm’s business model to a membership platform that requires the user to submit ID/KYC information. Also read: Bitcoin Cash Games — Play Your Favorites Faster With … Read more
The largest bank in the Nordic region, Nordea, is reportedly suspected of being part of a major international money laundering scandal. The scheme allegedly involved a Russian client and took place over multiple years at an international branch of the bank that is now closed. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator … Read more
September saw all but three of the top twenty cryptocurrency markets post an increase in monthly trade volume. XRP pairings saw the strongest month-over-month volume gain, with 30-day volume tripling when compared with August. Also Read: Markets Update: Crypto-Traders Patiently Wait for a Break Out BTC Stagnates, USDT and ETH Post Strongest Volume Since Q2 Despite … Read more
Cryptocurrencies are commodities, according to four court cases involving the U.S. Commodity Futures Trading Commission (CFTC). A federal judge recently ruled that a token is a commodity, certifying the CFTC’s authority to prosecute fraud and manipulation in the crypto space. In her ruling, the judge cited three other crypto-related cases that arrive at the same … Read more