Japan Set to Finally Reject a Cryptocurrency Exchange

Japan Set to Finally Reject a Cryptocurrency ExchangeAfter approving 16 cryptocurrency exchanges, the Japanese financial regulator is reportedly set to reject a crypto exchange application for the first time. The applicant is an exchange which has been suspended twice from carrying out any crypto activities and received two business improvement orders. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The First Rejection […]

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Thailand Approves Draft Decree on Crypto

Thailand Approves Draft Decree on CryptoThe Thai cabinet has approved a draft decree to regulate cryptocurrencies and initial coin offerings. The definition of digital assets has been modified from the previous draft but the tax structure remains. All crypto businesses must obtain licenses and report information to the anti-money laundering office. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With […]

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Poloniex Now Requires Legacy Trading Accounts to Verify Identity

Poloniex Now Requires Legacy Trading Accounts to Verify IdentityThis week the popular cryptocurrency exchange based out of Delaware, Poloniex, has issued a notice to legacy account holders. According to the exchange, all traders who use the platform must verify their identity using the company’s upgraded verification portal. Also read: Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy Legacy Account Holders […]

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