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The relationship between Russian ministers and bitcoin has always been strenuous. This became even more apparent when conflicting news came out of that particular corner. With a new prime minister at the helm, it remains to be seen what the future holds for cryptocurrencies in Russia. A Brighter Future for Bitcoin in Russia? So far, … Read more
Regulation can affect a lot of companies in very different ways. The recently introduced AMLD change in Europe is causing plenty of headaches for crypto service providers. It is evident that European officials want to put an end to money laundering. KyberSwap is Moving out of Europe To do so, they will introduce the fifth … Read more
Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide custodial services, will have to abide by the country’s securities laws and act like securities dealers. Also … Read more
A lot of people have a genuine dislike toward Ripple and XRP. There are also genuine concerns over its ODL service being capable of convincing enough financial institutions. It is evident that the bias toward this company has grown somewhat out of proportion. GPI and Ripple Aren’t Competing yet However, one post on StockTwits paints … Read more
The Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for the people.” Time will tell, however, whether his plan encompasses the legal use of decentralized … Read more
The Gram sale orchestrated by Telegram also affects the cryptocurrency industry. For Liquid, a popular exchange, it caused them quite a bit of financial problems. Unlike other trading platforms, Japan’s Liquid decided to let investors get exposed to Telegram’s Gram token. Liquid Makes the Right Decision That was a risky decision, as this token hasn’t … Read more
On Friday, January 17th, the Dash cryptocurrency is trading at $122.40. On D1, DASH/USD demonstrates a confident impulse of growth. These dynamics are quite logical. The first reason is the decline of the quotations to a very low level of $38.12. The second signal of the growth was a divergence on the MACD. The third … Read more
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. Also read: Regulatory Roundup: EU-Wide Crypto … Read more
Chainalysis is a well-respected blockchain analysis firm. In its yearly report, the findings do not paint a positive picture for some key crypto exchanges. The yearly Chainalysis report always provides some interesting insights into the cryptocurrency industry. Chainalysis Keeps Following the Funds For years, bitcoin and altcoins have often been associated with money laundering and … Read more
A new political force is being born in Russia out of the country’s tech business circles. The idea has been conceived by representatives of the country’s growing digital economy sector who want to embark on finding solutions to numerous issues that concern the crypto space. Also read: Eastern Europe Sees More Fiat Options for Trading … Read more