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With authorities in Moscow still trying to find their bearings on Bitcoin, the largest Russian exchange has announced its readiness to organize cryptocurrency trading. It would be faster and easier, MOEX said in comments to local media. Russia’s Central Bank, however, has rejected calls from the Finance Ministry to allow buying and selling crypto derivatives […]
The post Moscow Exchange Ready for “Fast and Easy” Crypto Trading appeared first on Bitcoin News.
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South Korean banks have backtracked from their decisions to stop servicing cryptocurrency accounts as crypto investors protested and the government re-discussed its policy. The country’s 6 major banks have been told that they must follow through with the original plan and install the system that would end the anonymous trading of cryptocurrencies. Also read: South Korea […]
The post South Korean Banks Reverse Decisions on Cryptocurrency Accounts appeared first on Bitcoin News.
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This week in bitcoin was all about Korea, although every week in bitcoin is all about Korea. Markets dropping? Blame Korea. Markets soaring? Credit Korea. Zero fee trading sends a pointless altcoin pumping? You bet it comes from Korea. While real news, fake news, and news whose legitimacy is a matter of dispute emanated from […]
The post This Week in Bitcoin: Kraken, Korea and a Whole Lotta Crazy appeared first on Bitcoin News.
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This week News.Bitcoin.com carried the breaking story alleging employees of giant Northern European bank Nordea were being forbidden by company policy from owning or trading cryptocurrency. Since publication, a bank employee, who wishes to remain anonymous, forwarded evidence the large institution is indeed going ahead with such plans. Also read: Swedish Bank Allegedly Forbids Employees […]
The post Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin appeared first on Bitcoin News.
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The South Korean government has announced that cryptocurrency traders will be fined if they do not convert from existing virtual accounts, which allows for anonymous trading, to real-name accounts. Regardless of their service levels to crypto exchanges, banks have been ordered to implement the new system this month as planned. Also read: South Korea Urges 23 […]
The post South Korea Announces Crypto Traders Could Face Fines Under New System appeared first on Bitcoin News.
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Ukraine, now serious about crypto regulation, is setting up a special working group to oversee the completion of the necessary framework. Dedicated legislation has been making its way through parliament since October. The National Bank is considering plans to emit “e-hryvnias”, while the justice minister says bitcoin is a fact and calls for its legalization. […]
The post Calls for “Legal Bitcoin” in Ukraine, as Natsbank Mulls E-Fiat appeared first on Bitcoin News.
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Brazil’s Securities and Exchange Commission announced on Friday that local investment funds are prohibited from investing in cryptocurrencies. The country’s regulators are currently working on crypto regulation; seven public hearings have already been held to discuss this subject. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading No Crypto […]
The post Brazil Regulator Prohibits Funds from Investing in Cryptocurrencies appeared first on Bitcoin News.
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This week the cryptocurrency portal Bitcoin.com launched a new podcast called “This Week In Bitcoin” with host Matt Aaron, who discusses the previous week’s hottest news in fifteen minutes. The weekly roundup is just one of the many exciting developments lined up for 2018 happening within the Bitcoin.com podcast network. Also Read: Paul Krugman Is Excited […]
The post The Bitcoin.com Podcast Network Presents: This Week In Bitcoin appeared first on Bitcoin News.
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The Central Bank of Bahrain has awarded bitcoin technology provider, Belfrics Global, a sandbox license to open and operate a cryptocurrency exchange in the Arabian Gulf nation. As such, Belfrics is reported to have become the first company to receive an official mandate to open a cryptocurrency exchange in the Middle Eastern/North African region. Also […]
The post Belfrics Granted ‘Sandbox License’ to Open Cryptocurrency Exchange in Bahrain appeared first on Bitcoin News.
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It is not the first time mainstream media outlets haven’t fully grasped a situation affecting the cryptocurrency world. Depending on which source you believe, the South Korean government is either doing nothing or wants to ban all cryptocurrency trading. The truth of the matter is somewhere in the middle, as there is no intention to ban such trading whatsoever. Instead, a contingency plan has been drafted to punish companies not abiding by the new rules. Understanding the Cryptocurrency Situation in South Korea Over the past few weeks, a lot of things have happened involving South Korean regulators. At first, they were surprised toPowered by WPeMatico