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OKEx is the latest cryptocurrency company to plan a European expansion. There are plenty of reasons as to why cryptocurrency firms are moving to this particular continent, as local regulatory efforts have made it a lot easier for enterprises to set up offices there. For OKEx, the country of interest is Malta, which has attracted a fair … Read more
European countries have shown a keen interest in cryptocurrency and blockchain technology as of late. Gibraltar is keen to position itself as a forerunner in this regard, although it will not be easy to do so. The Gibraltar Blockchain Exchange is trying to make a positive impact in this area. Gibraltar has Bold Plans for … Read more
Japanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin … Read more
Residents and citizens of South Korea have formally requested the country’s government and the executive office of President Moon Jae-in, better known as the Blue House, to provide a cryptocurrency and blockchain regulation-free city within the country. For many years, the South Korean government has utilized a petition system to communicate with its citizens and potentially … Read more
Yahoo! Japan has confirmed that it is entering the crypto space by acquiring a stake in a Japanese cryptocurrency exchange that is already licensed by the country’s financial regulator. The company plans to launch a crypto exchange in the fall of this year. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Yahoo! … Read more
Russia has always been an interesting country when it comes to cryptocurrency. Government officials remain on the fence about whether or not to allow this industry to thrive. The Russian Interior Ministry has suddenly decided to halt several Bitcoin mining operations due to the “misappropriation of electricity” in Orenburg. Bitcoin Mining in Orenburg is Problematic There have … Read more
Texas has always been an interesting state, even though it tends to do its own thing. Even so, the Lone Star State is keeping a very close eye on cryptocurrency offerings and the risk of fraud associated with this particular business model. Unfortunately, it seems there are a lot of ongoing investigations in this regard, which further confirms … Read more
Justice is often a dish best served cold. In the world of Bitcoin and other cryptocurrencies, it seems a major victory has been scored. More specifically, JPMorgan Chase faces a lawsuit for charging customers a cash advance fee when they attempted to buy cryptocurrency from certain exchanges. It was only a matter of time until that … Read more
The Prime Minister of Vietnam has signed a directive for the country’s central bank and the Ministry of Finance to strengthen the management of cryptocurrency-related activities. This follows an alleged fraud involving a cryptocurrency that scammed 32,000 Vietnamese out of VNĐ15 trillion. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Prime Minister’s … Read more
It has been a while since we last saw any major developments in the Philippines cryptocurrency industry. Although crypto is still very popular in the Philippines, it has become evident that criminals are also paying closer attention to this ecosystem. Justice Secretary Vitaliano Aguirre II wants to investigate one cryptocurrency company falsely claiming to have partnered with the country’s senate. Malicious … Read more
