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Korean Crypto Exchange Coinone and 20 Traders to Face Charges Over Margin Trading

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The South Korean police are reportedly preparing to charge Coinone’s executives, including its CEO, and 20 of the exchange’s members. This follows a 10-month investigation on allegations that the exchange provided gambling services through its crypto margin trading program. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinone’s Investigation Concludes South Korea’s Cybercrime Investigation … Read more

Circle to Seek Federal Banking Licensing with U.S. OCC

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Circle Internet Financial Ltd has revealed that it is currently seeking to obtain a federal banking license with the U.S. Office of the Comptroller of the Currency (OCC) in order to expand the services available to the company’s customers. It also hopes to pursue registration with the U.S. Securities and Exchange Commission (SEC) as a … Read more

Zimbabwe’s Golix Exchange Enters Kenya, Uganda, South Africa

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Crypto exchange Golix is entering three other African markets in an effort to survive the ban imposed by the central bank in its home country – Zimbabwe. Moreover, the troubled trading platform claims the move is part of a strategy to offer its services across the whole continent. Golix says the shortage of infrastructure has … Read more

Coinbase Unveils Plans to Enter the Japanese Market

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One of the largest US cryptocurrency companies, Coinbase, has unveiled its plans to enter the Japanese market in order “to accelerate the global adoption of cryptocurrency.” The company has been in talks with the country’s financial regulator to ensure compliance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Opens Office in Japan Coinbase … Read more

Zimbabwe Exchange Granted “Interim Relief,” Ban Appeal Still Ongoing

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Despite reports of the Zimbabwe High Court’s reversal of the Reserve Bank of Zimbabwe’s (RBZ) recently issued cryptocurrency ban, the country’s leading bitcoin exchange, Golix, is yet to restore trading on its platform. In an email recently sent to customers of the exchange, Golix sought to clarify that it has been granted “an interim relief,” … Read more

BitBay Migrates to Malta to Continue Offering Cryptocurrency Exchange Services

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Various cryptocurrency companies have made the move to Europe in the past few months. This is not entirely surprising, as Europe has a relatively open mind when it comes to cryptocurrencies and blockchains. BitBay, the Polish exchange, is now moving to Malta. Another Company Moves to Malta It has become apparent that Malta is the go-to place to … Read more

Japan’s GMO Upgrades Margin Services, Launches Wallet and In-Game BTC Rewards

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Japanese giant GMO Internet has made several announcements over the last two days. The first is the addition of four cryptocurrencies to its crypto exchange margin services. The second is the launch of the GMO crypto wallet for both iOS and Android platforms. The third is the launch of Cryptochips, which enables the distribution of … Read more

Indian Exchange Unocoin Launches New Trading Platform with 15 Cryptocurrencies

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One of India’s major cryptocurrency exchanges, Unocoin, has announced the launch of its new trading platform, “featuring the whole set of tools for hardcore traders in the industry.” Fifteen cryptocurrencies can now be traded using its platforms. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Unocoin Launches Unodax Leading Indian cryptocurrency exchange Unocoin announced … Read more

Regulations Round-Up: SEC hits Titanium, Israeli Crypto Law Delayed, BTC Trading Legal for Chinese Citizens

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In recent regulatory news, the United States Securities and Exchange Commission (SEC) has taken action against the Titanium Blockchain initial coin offering (ICO) for allegedly making false claims; the enactment of Israel’s cryptocurrency regulations have been delayed; and a Chinese professor has discussed the current legal status of bitcoin trading in China, asserting that it … Read more

BTCC Plans Major Overhaul

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A lot of cryptocurrency exchanges exist in this day and age. Not all of these trading platforms are created equal, as some suffer from outdated infrastructures. BTCC, one of the oldest trading platforms in this industry, is looking to upgrade its offerings in the near future. This is a positive development which will benefit all users … Read more