Estonia Grants License to Crypto Trading Software Provider Ibinex

Ibinex, a company that specializes in white-label solutions for cryptocurrency exchanges, has obtained a license to operate in Estonia. Besides exchange services, it also plans to offer both hot and cold wallets within the regulatory framework of the tech-savvy, crypto-friendly Baltic nation. Also read: Estonia Grants Licenses for Wallet and Exchange Services to Coinmetro EU … Read more

Venezuela Begins Monitoring Bank Accounts for Crypto Transactions

The government of Venezuela has started monitoring the bank accounts of its citizens for cryptocurrency-related transactions. Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President Tareck El Aissami said. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Next Phase … Read more

Top 5 Platforms Where World Cup 2018 Meets Cryptocurrency

World Cup 2018 is here! For sports enthusiasts within the cryptocurrency space, there are a number of opportunities to combine both their passions. As blockchain technology enables individuals to connect with one another and events throughout the world in ways never before seen, there are a number of exciting opportunities to enjoy this year’s World … Read more

Study Finds Irish Crypto Userbase to Have Quadrupled in Four Years

Research has indicated that Irish attitudes regarding cryptocurrency are increasingly positive, with the Irish cryptocurrency user base estimated to have quadrupled in last four years. Also Read: Ireland Clarifies Taxation of Crypto Transactions Study Finds Irish Crypto Sentiment to be Moving “From Suspicion to Curiosity” A study carried out by Amárach Research in partnership with communications … Read more

South Korean Government Agency Seeks Direct Supervision Over Crypto Exchanges

The South Korean government is reportedly seeking to bring cryptocurrency exchanges under the direct supervision of the country’s Financial Intelligence Unit. This will obligate crypto exchanges to follow anti-money laundering directives like banks do. This is the first time a government agency has said it will oversee crypto exchanges. Also read: Yahoo! Japan Confirms Entrance Into … Read more

Coinbase Remains a Kingmaker for Cryptos

Coinbase recently announced that it would be adding support for Ethereum Classic (ETC), a hard fork of Ethereum. The announcement caught the crypto community by surprise, as the exchange had repeatedly made it clear that it would not be adding any digital assets in the near future. However, the reaction was swift from the crypto … Read more

UK Regulator Advises Banks to “Enhance Your Scrutiny” When Dealing with Crypto Firms

The Financial Conduct Authority, a financial industry regulator in the UK, has called for appropriate caution and enhanced scrutiny from banks as they handle firms engaged in crypto trading. In an open letter to CEOs, the FCA’s Executive Directors of Supervision, Megan Butler and Jonathan Davidson, listed a number of measures that banks can take … Read more