Finnish Crypto Services Provider Prasos Loses 4 of 5 Banking Partners

Finnish bitcoin services provider, Prasos, has lost all but one of its banking partners. Prasos’ chief executive officer recently revealed that four Finnish banks have terminated services with the company, leaving Prasos reliant on a single bank. Also Read: Belgium Warns of 19 Cryptocurrency Trading Platforms Showing Signs of Fraud Finnish Banks Terminate Services With Prasos … Read more

Anecdotal Reports Suggest Google is Cracking Down on ICO Advertising

According to the anecdotal reports of several companies operating in the initial coin offering (ICO) industry, Google is taking steps to restrict the visibility of ICO advertising on its platforms. The reports come months after Facebook banned adverts promoting cryptocurrencies or ICOs on both Instagram and Facebook. Also Read: Bitcoin Sports Betting Site Under Investigation in … Read more

Bitcoin Sports Betting Site Under Investigation in Australia

Australian authorities have announced that Bitcoin-based sports betting website, Justbet, is currently the subject of an investigation. The website represented itself as Australian by registering its domain in an Australian Island territory, however, Justbet’s IP address can be traced to Costa Rica. Also Read:The ‘Crypto-Heater’ Mines Digital Currency While Heating Your Home  Bitcoin Betting Website … Read more

Belgium Warns of 19 Cryptocurrency Trading Platforms Showing Signs of Fraud

The Belgian financial authority has published a list of 19 cryptocurrency trading platforms that it had received complaints about. The regulator says these platforms show signs of fraud. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 19 ‘Fraudulent’ Crypto Trading Platforms Belgium’s Financial Services and Markets Authority (FSMA) has recently warned about … Read more

Wirex Launching Bitcoin Debit Cards in Europe

New crypto debit cards, with multiple currency accounts in GBP, EUR, USD, and BTC are offered by Wirex in Europe. The first plastic Visa cards were issued on Thursday, according to media reports. The new cards were made available for UK users on March 8. The service should be offered to customers in other EU … Read more

Japanese Conglomerate GMO Mined Over 200 Bitcoins In 2018 So Far

GMO Internet has released a monthly report on its mining business for February 2018, revealing that the company has mined over 200 bitcoins during this year so far. GMO has also mined over 300 Bitcoin Cash during 2018. Also Read: From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals ASIC Boost Compatibility GMO Internet Mined $1.8 Million … Read more

Brazilian Securities and Exchange Commission Suspends Mining Scheme

Brazil’s Securities and Exchange Commission (CVM) recently suspended the operations of mining investment scheme, Hashbrasil. The CVM has accused the company of violating securities laws by conducting an unregistered public offering. Also Read: Chinese Altcoins Can’t Stop Failing Hashbrasil Suspends Operations After Warning From Brazilian Securities and Exchange Commission The Brazilian Securities and Exchange Commission has … Read more

Popular Social Networks in Russia to Accept Bitcoin

Two Russian-based social networking platforms have announced they are now accepting cryptocurrency payments. Vkontakte, the most popular social media among Russian-speaking users, and Odnoklassniki, which has many subscribers in former Soviet states, will take bitcoin from advertisers. They also intend to start paying developers and partners in cryptocurrency. Also read: Russian Supreme Court to Decide … Read more

More Belarusians Search “Crypto”, Question “Legalization”

Interest towards cryptocurrencies in Belarus has increased significantly in the past year. Topics related to bitcoin, mining, and blockchain have been popularized by media. Belarusians are searching for more crypto information online, but there are some key questions search engines are unable to answer: Will ordinary citizens benefit from the upcoming legalization? Are they going … Read more

Russian Supreme Court to Decide the Fate of Bitcoin Sites

The Supreme Court of Russia has taken upon itself the responsibility to decide a case that may become a precedent for the crypto sector. The highest judicial authority in the country has accepted an appeal against the blocking of a popular Russian analytical portal – Bitcoininfo.ru. Its decision will affect dozens of crypto websites with … Read more