Bookmarking Crypto Insights
Auto Added by WPeMatico
A high-profile crypto case involving a well-known actor and model has come to public attention in Thailand following the enforcement of the country’s crypto regulations. Over 5,564 BTC were reportedly stolen from a bitcoin millionaire. The alleged ringleader has fled to the U.S. Thailand’s main crypto regulator is cooperating with the police on the case. … Read more
Cryptocurrency companies active in the United States have to adhere to very strict rules and regulations. In most cases, this means obtaining various types of licenses to conduct business. Below are four examples of licenses required by major exchanges in the US. They are all mandatory, depending on the state that a given company operates … Read more
Japanese crypto exchanges may soon have an official self-regulatory body. The Japan Virtual Currency Exchange Association has applied with the country’s financial regulator to become the authority for self-regulation, with the power to enforce rules on its crypto exchange members. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Registering with FSA The Japan Virtual … Read more
The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the plan has collapsed, citing intervention by the U.S. Securities and Exchange Commission. Also read: Yahoo! Japan Confirms … Read more
One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. The exchange is working on obtaining regulatory approval from the financial regulators of both countries. The new locations are part of the exchange’s global expansion plan. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Expanding into Thailand Bithumb is currently working … Read more
Canadian cryptocurrency exchange Coinsquare has announced its plan to enter the Japanese market pending approval by the country’s financial regulator. The new exchange will be launched under the Dlta21x brand. It will focus on Japan initially but has plans to expand into other Asian markets. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinsquare … Read more
The Philippines Cagayan Economic Zone Authority (CEZA) announced it granted three cryptocurrency exchanges provisional license to operate. All three are foreign-based, including two from Hong Kong and one from Thailand. To gain annual approval, companies made substantial financial and employment investments in the country. Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against … Read more
It seems that a race to take over US-licensed brokerages has begun among crypto companies. Soon after Coinbase revealed it is buying up a securities firm, Uphold has now followed the move with its own acquisition. JNK Securities’ licenses could possibly open the door for the company to offer trading on ICO tokens deemed securities … Read more
Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data. The country remains attractive to miners while mining costs in many other corners of … Read more
Three Cambodian government bodies have jointly announced that the propagation, circulation, buying, selling, trading, and settlement of cryptocurrencies without obtaining a license are illegal activities. The agencies have also outlined four main risks associated with crypto trading or investing. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space License Needed The National Bank of Cambodia (NBC), … Read more
