Coinbase Seeks Approval to Trade SEC-Regulated Securities

Coinbase is one of the most remarkable companies in the cryptocurrency industry. It is evident the company will continue to have a positive impact on this space for quite some time to come. Its latest venture involves operating as a regulated and licensed broker-dealer. Another Major Coinbase Development While some people love Coinbase and others hate … Read more

Indonesia Plans to Give Bitcoin Legal Status as a Commodity

Regulatory developments involving cryptocurrencies are always worth keeping an eye on. In Indonesia, there has been a lot of confusion regarding the future of Bitcoin and similar currencies. The Trade Ministry’s Futures Exchange Supervisory Board has finally rendered a verdict in this regard. Cryptocurrencies are commodities, regardless of what the country’s central bank may think. … Read more

South Korean Hospital Now Accepts Virtual Currency

Getting more businesses to accept cryptocurrency payments has been a very big challenge. So far, it seems most mainstream businesses have very little overall interest in the cryptocurrency industry. KMP Health Care Seoul, on the other hand, will offer medical services to customers who pay using cryptocurrency. South Korea Continues to Surprise Even though Bitcoin … Read more

BitOasis Reinstates AED Deposits and Withdrawals After Undisclosed Bank Issue

A lot of positive things are taking place in the cryptocurrency world right now. While most countries are cracking down on cryptocurrency trading in one way or another, the UAE is preparing to embrace Bitcoin and other currencies once again. After a brief struggle, UAE exchange BitOasis has reinstated AED deposits and withdrawals. Another Development for … Read more

Six Major Banks in Chile Sued by Another Cryptocurrency Exchange

A local cryptocurrency exchange in Chile has reportedly filed a lawsuit against six major banks in the country for abusing their power and quashing its crypto payment business. This lawsuit follows another one filed in Chile against ten banks by a different crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Banks … Read more

Cryptocurrencies Not a Risk to Stability, Russian Study Concludes

A study has found that despite their volatility, cryptocurrencies do not endanger the financial system and the economy of Russia, as the risks are offset by the highly concentrated ownership of digital assets. Crypto fluctuations are not believed to affect consumption either. Russian residents have controlled cryptocurrency worth between $7.5 and $14 billion in the … Read more