Virtual Currency

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Canadian Crypto Exchange Coinsquare Expanding Into European Market

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One of Canada’s largest cryptocurrency exchanges, Coinsquare, is expanding into the European market. This is the exchange’s first international expansion under its own brand. Its previous expansions were through partnerships with other companies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space European Expansion Ontario-based cryptocurrency exchange Coinsquare announced on Thursday, August 23, its plan … Read more

SEC Wants Second Look at Nine Bitcoin ETFs

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One day after the U.S. Securities and Exchange Commission (SEC) rejected proposed rule changes for nine bitcoin ETFs, the Commission initiated a review of all related decisions. Three rejection orders made on August 22 are now stayed pending the review by the SEC Chairman and the Commissioners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more

Another Japanese Company Developing 7nm Bitcoin Mining Equipment

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Besides GMO Internet, another Japanese company is working on producing 7nm mining equipment. Triple-1 has been working on its 7nm bitcoin mining chips and expects to start shipping the equipment in November, shortly after GMO expects to start shipping its 7nm miners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Developing 7nm Mining Equipment … Read more

Bank of Thailand and 8 Commercial Banks Developing Central Bank Digital Currency

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Following the adoption of the country’s first cryptocurrency regulation, the central bank of Thailand is working on its own digital currency in collaboration with the country’s largest banks. Initially, the new currency will be used for interbank transfers; this phase is expected to be completely developed by the first quarter of next year. Also read: Yahoo! … Read more

Regional Government Announces Opening of Largest Crypto Mining Farm in Russia

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The largest cryptocurrency mining farm in Russia has opened in the Leningrad Region, according to the regional government. The facility is equipped with more than 3,000 pieces of mining equipment and covers an area of approximately 4,000 square meters. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Largest Mining Farm in Russia The press … Read more

Cointree and Gobbill Enable Australian Bill Payments in Over 50 Cryptocurrencies

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A partnership between a bill payment company and a crypto exchange will allow Australians to pay their bills with between 50 and 100 cryptocurrencies. Customers can use any coins in their Cointree accounts to pay their bills regardless of whether the billers accept cryptocurrency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Gobbill Partners … Read more

Thai Central Bank Defends Cryptocurrencies

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In the high-profile Thai crypto fraud case involving an actor, Thailand’s central bank has clarified that the fraud is not related to cryptocurrency trading, but a general misuse of money. Thailand has recently legalized seven cryptocurrencies, authorized seven crypto firms, and the Bank of Thailand has green-lighted commercial banks’ subsidiaries for crypto activities. Also read: Yahoo! … Read more

China Updates Crypto Ranking – Bitcoin Makes Top 10

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China has updated its crypto ranking, adding two projects to the previous month’s list. Bitcoin has significantly improved, making the top 10 list for the first time. Crypto projects are ranked in three categories: technology, application, and innovation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 33 Crypto Projects Ranked China’s Center for Information … Read more

Crypto Exchange Works With Regulators to Develop Legal Frameworks for Arab States

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Following the statement by Saudi Arabia declaring cryptocurrency illegal, the largest crypto exchange in the Middle East and North Africa is working with regulators across the region to develop crypto regulations. Bitoasis confirmed its platform is unaffected by the Saudi Arabian crypto stance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitoasis Working With … Read more

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

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Three Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs. Farsteps is planning a Singapore exchange launch. Meanwhile, Line Corp, the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant … Read more