Online Fiat Wallet Neteller Launches Cryptocurrency Exchange Service

Online Fiat Wallet Neteller Launches Cryptocurrency Exchange ServiceDigital fiat currency wallet provider Neteller has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC. The cryptocurrency service is already live in 10 countries and the company “plans to roll it out to more than 50 additional markets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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South Korea Urges 14 Countries to Create International Discipline System for Crypto

South Korea Urges 14 Countries to Create International Discipline System for CryptoAt an annual international conference for regulators in Seoul, the South Korean Financial Supervisory Service urged regulators from 14 other countries to create an international discipline system for cryptocurrency and initial coin offerings. The Korean government also outlined its current crypto countermeasures and pushed for better information sharing and international cooperation. Also read: Yahoo! Japan Confirms […]

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Ecobank Report Finds Significant Presence of Crypto in 36 African Countries

Ecobank Report Finds Significant Presence of Crypto in 36 African CountriesA report published by the pan-African bank, Ecobank Transnational Inc., has found that despite cryptocurrencies exerting a notable presence in each of the 36 African countries in which the company operates, only South Africa and Swaziland have adopted a “generally favorable and permissive [regulatory] stance” pertaining to cryptocurrencies. Also Read: The ICO Market Has Hit the […]

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Georgia Has Become Eurasia’s Cryptocurrency Mining Epicenter

Georgia Has Become Eurasia's Cryptocurrency Mining EpicenterTypically when people think of bitcoin mining operations they look to countries like Iceland and mainland China. However, most people do not know that the small country of Georgia, a region of Eurasia, is ranked the second most profitable area in the world for cryptocurrency mining just below China. Also read: Russian Regulators Draft Law to […]

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Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries

Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 CountriesThe Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according […]

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35 Countries, EU and FATF Agree to Revise Global Cryptocurrency Standards

35 Countries, EU and FATF Agree to Revise Global Cryptocurrency StandardsThirty-five countries and the European Commission have asked the Financial Action Task Force (FATF), responsible for setting global anti-money laundering (AML) policies, to revise its standards relating to cryptocurrencies. The organization promised to present its revised AML countermeasures for cryptocurrencies at the upcoming G20 meeting of finance ministers. Also read: Indians Look to Buy Bitcoin Overseas […]

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Venezuela Invites OPEC Countries to Jointly Develop Oil-Backed Crypto Platform

Venezuela Solicits OPEC Countries to Jointly Develop Oil-Backed Crypto PlatformVenezuela’s president Nicolas Maduro has invited all OPEC nations to jointly develop a platform for the trading of oil-backed cryptocurrencies. Venezuela is preparing for a pre-sale of the petro, its oil-backed cryptocurrency which can be used to pay national taxes, fees, and public services. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies […]

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Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed Cryptocurrency

Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed CryptocurrencyVenezuela’s president Nicolas Maduro has called for 10 other countries to adopt his planned oil-backed cryptocurrency, the petro. This move follows the country’s parliament declaring the issuance of this new currency illegal. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Maduro’s Proposal Maduro held a meeting of the […]

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