Australian Banks Restrict Coinspot’s Deposit Capabilities, Other Services Unaffected

Most people who live in Australia will have come across the Coinspot cryptocurrency platform. It is an interesting company which facilitates the purchase of Bitcoin, Ethereum, and a few other cryptocurrencies as well. Unfortunately, the company is dealing with some significant issues which are affecting AUD deposits. It seems these problems will not be resolved … Read more

Belarus Legalizes Cryptocurrencies and ICOs – Tax-Free for Five Years

The president of Belarus, Alexander Lukashenko, has signed a decree which legalizes cryptocurrencies, initial coin offerings (ICOs), and smart contracts. All crypto transactions and related income, including from mining, will be tax-free for the next five years. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Legalizing Crypto Transactions and … Read more

France Seeks Crypto Regulation Debate at G20 Summit

The last few months have been filled with statements from financial regulators warning about the potential risks associated with trading and investing in cryptocurrency. Now, according to recent reports, the French Finance Minister believes that regulation of digital currencies is required at the level of the G20. Le Maire to submit proposal to future G20 President … Read more

Markets Update: Major Crypto Markets Dump in Unison

The majority of crypto markets appear to have regained correlation with bitcoin, with BCH, ETH, LTC, DASH and many other major markets dumping in unison with BTC. For bitcoin, today’s retrace down to test the $11,000 USD line comprises the sixth consecutive day that BTC has lost value after testing the $20,000 area, whereas BCH … Read more

Poor Bitcoin Security

The article you are about to read highlights the security of Bitcoin infrastructure and provides its in-depth analysis as compared to commonplace fiat currencies. The general perception of Bitcoin is that it is a highly secure decentralized type of currency bolstered by strong, military-grade cryptographic algorithms. Furthermore, the holder of “digital cash” doesn’t have to … Read more

Korean Authority Slaps Exchanges With Licensing Requirements

The South Korean government is conducting on-site inspections of crypto exchanges following the release of its emergency measures for cryptocurrency regulation. The regulators have also notified the country’s largest exchanges that they are subject to the Information Security Management System certification requirements. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto … Read more

Traders Absorb Much-needed Bitcoin Price Correction Quite Well

It is safe to say the Bitcoin price crash wasn’t something most people had expected. Although all financial markets need a healthy correction after an extended period of steady gains, people assumed the Bitcoin price would be somewhat immune to this trend. The reality is a very different, although there are still some oddities about … Read more

Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea

Kakao’s cryptocurrency exchange Upbit now claims to be the largest crypto exchange by volume in South Korea, one of the top three markets globally. Listing over 120 coins and leveraging Kakao Talk’s massive user base, Upbit currently facilitates an average daily trading volume of 5 trillion won. Also read: South Korea Clarifies Position After Reports of … Read more