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The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case and pursuing criminal charges, which would make it the first criminal case in Japan where computers are illegally used for mining cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into … Read more
The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a state-issued cryptocurrency could “reduc[e] the risk of financial crises” and “improv[e] monetary policy tools.” Also … Read more
Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Suspicious Transactions Detected South Korea’s seventh-largest cryptocurrency exchange, … Read more
Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry of Finance’s Guidelines The Ministry of Finance of the Republic of Lithuania has published guidelines for cryptocurrency and initial coin offerings (ICOs). They … Read more
A major South Korean exchange, Upbit, has paid six people for reporting fraudulent crypto-related schemes. Ten cases were reported to the exchange and six of them were selected. Upbit also recently partnered with Thomson Reuters to operate a system to support transparent crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Paid … Read more
Two major passenger bus companies in Brazil have started accepting cryptocurrency payments for ticket sales. The companies say they are the first in the sector to accept crypto payments in the country. One of them has more than 800 buses; the other claims to have the newest and most modern fleet in Brazil. Also read: Yahoo! … Read more
Following reports of six publicly listed companies launching their own cryptocurrency exchanges in Japan, three other firms listed on the Tokyo Stock Exchange have announced plans to enter the space with various crypto offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Publicly traded companies in Japan are increasingly seeking to enter the crypto … Read more
A Russian cryptocurrency miner got into trouble with the customs office when trying to import mining equipment purchased online for personal use. After an appeal, the court sided with the customs office and barred the import of the mining equipment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Importing Crypto Mining Equipment The Russian … Read more
The first issue of a crypto comic book series called Shonen Crypto has been released. Readers can learn about various aspects of cryptocurrencies as they follow the characters in this manga which aims to be both educational and entertaining. News.Bitcoin.com talked with the comic book’s Editor-in-Chief to learn more. Also read: Yahoo! Japan Confirms Entrance Into … Read more
The South Korean government is mulling over how to cash out the cryptocurrency it recently confiscated. While the most likely option is to auction the coins off using the government-owned auction platform, various concerns have been raised. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cashing Out BTC The South Korean government is contemplating … Read more
