Bookmarking Crypto Insights
Auto Added by WPeMatico
A G-20 meeting attended by the world’s economic leaders last month concluded that government regulations on cryptocurrencies were overdue. It was proposed that specific recommendations should be finalised by the summer of 2018. Disclosure: This is a Sponsored Article The mere mention of government regulations strikes fear into the hearts of cryptocurrency firms. Rumblings emerging … Read more
Indian police have raided a cryptocurrency mining operation whose establishment was funded by a nearly $15 million USD ponzi scheme. Police seized hundreds of mining cards. Also Read: Another Indian Company Challenges Ban on Crypto Banking Ponzi-Financed Ethereum Mine Raided in India Delhi Police’s Cyber Cell has conducted a raid on a cryptocurrency mining operation held … Read more
The Israeli banking system keeps mounting challenges for bitcoin users, be they exchanges, miners or just traders, and keeps getting slapped for it by the courts. The latest example comes from Tel Aviv where a bank tried to deny incoming transfers from an exchange. Also Read: Israeli Bitcoin Mining Company Sues Bank for Closing Its … Read more
A Russian arbitration court of appeals has recognized cryptocurrency as a property with value in its ruling on Monday. This overturned a previous ruling by another court even though Russia currently has no legal framework for cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Recognized as Property The Ninth Arbitration Court of … Read more
A Norwegian district court has ruled in favor of Norway’s largest bank against a local cryptocurrency exchange. The court says the bank has full rights to close the account of the exchange, citing money laundering risks and criminal activities associated with bitcoin trading. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court Ruled in … Read more
Miami-based Cblocks has announced that it will relocate to Canada, citing a lack of regulatory clarity regarding cryptocurrency in the United States as the principal catalyst for the move. Also Read: South Korean Top Regulator Considers Easing Cryptocurrency Regulations Cblocks to Relocate to Canada Cblocks, a Miami-based company that generated $32,000 in a month through selling … Read more
South Korea is a very important country when it comes to cryptocurrency. With local trading platforms generating a lot of volume for most top currencies, the regulatory aspect is taking center stage. Although the initial guidelines were a bit harsh, it seems a more lenient approach will be embraced soon. Easing Crypto Regulation in South Korea According … Read more
The main regulatory body of cryptocurrencies in South Korea has a new chief who has just been approved by the country’s president. He is a known “activist and reformist” and has reportedly announced that he will consider relaxing crypto regulations to help businesses grow in this sector. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more
A utility provider in Washington has ramped up security measures in anticipation of backlash in response to a moratorium recently placed on cryptocurrency miners by the company. Despite the measures, the company has not experienced a single incident requiring police assistance. Also Read: Ripple Sued for Alleged Violations of US Securities Laws Washington Utility Fears Backlash … Read more
Chinese state media outlet, Voice of China, has published reports criticizing the efforts of Chinese cryptocurrency exchanges and initial coin offerings (ICOs) to continue operations in spite of the central government’s 2017 crackdown. Also Read: Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets State Media Criticizes Cryptocurrency Exchanges’ Defiance of Crackdown Voice … Read more
