Auto Added by WPeMatico
South Korea’s real-name system for cryptocurrency trading has been enforced for over a month, but most accounts have not been converted to the new system. Banks are still not converting accounts for most crypto exchanges and the government will not force them or investors to use the new system. Also read: Indians Look to Buy Bitcoin […]
The post Korea’s Mandatory Crypto Real-Name System Neglected – 19% Conversion Rate appeared first on Bitcoin News.
Powered by WPeMatico
A recent patent filing reveals that Paypal might be considering expanding its exposure to the cryptocurrency ecosystem with a new system for speedy transactions. We shouldn’t however expect a Paypal Lightning Network or anything close to that any time soon. There is currently a global race to file patents for everything crypto or “blockchain” related […]
The post Paypal Files Patent for Expedited Cryptocurrency Transaction System appeared first on Bitcoin News.
Powered by WPeMatico
A major network of pawn shops in Ukraine is launching a new lending service with loans secured by cryptocurrency. With over 300 branches, the pawnbroker plans to offer loans based on the type, amount, and price of crypto collaterals. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Pawn Shops Offer Crypto-Secured Loans Founded […]
The post Major Pawnshop Network in Ukraine Launching Cryptocurrency-Secured Loans appeared first on Bitcoin News.
Powered by WPeMatico
Interest in cryptocurrency in Kazakhstan has surged fifteen-fold this year compared to 2017 according to a study by Yandex. The number of online searches began to rise significantly in June of last year for a number of cryptocurrency-related search terms. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Crypto-Related Search Queries Increase A […]
The post Interest in Cryptocurrency Jumped 15-Fold in Kazakhstan appeared first on Bitcoin News.
Powered by WPeMatico
Two Indian crypto token marketplaces have announced that they will halt trading from March 5. The platforms state that this is due to regulatory pressure which put their businesses “under a lot of stress.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Two Token Marketplaces Halt Trading Two Indian crypto token marketplaces, Btcxindia […]
The post Two Indian Token Marketplaces Suspend Trading Due to Regulatory Pressure appeared first on Bitcoin News.
Powered by WPeMatico
Mexico’s bill to regulate cryptocurrency exchanges has been approved by the country’s lower house of Congress and is now awaiting the signature of President Enrique Pena Nieto to become law. Crypto operators have 12 months to comply, a local crypto exchange explained to news.Bitcoin.com. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Mexico’s Crypto […]
The post Mexican Cryptocurrency Regulations Approved by Congress appeared first on Bitcoin News.
Powered by WPeMatico
Mobile cybersecurity firm Sikur has unveiled “the first fully encrypted, hack-proof smartphone that can safely store cryptocurrencies.” The phone’s hardware and software were built from the ground up with a dedicated bitcoin wallet and a custom app store for high-security apps. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ‘First Fully Encrypted, Hack-Proof […]
The post New ‘Hack-Proof’ Security-Centric Phone Features Built-In Bitcoin Wallet appeared first on Bitcoin News.
Powered by WPeMatico
The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according […]
The post Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries appeared first on Bitcoin News.
Powered by WPeMatico
The Thai government is concerned with the growing number of companies in Thailand racing to launch their initial coin offerings ahead of regulations. This has prompted the country’s regulators to hurry with the regulatory framework for token sales, ahead of cryptocurrency regulations. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ICOs Growing in Popularity […]
The post Thai Regulators in Race With Growing Popularity of Token Sales appeared first on Bitcoin News.
Powered by WPeMatico
There are over 100 companies reportedly waiting for the Japanese Financial Services Agency to approve their registrations to operate cryptocurrency exchanges. While only 16 exchanges are fully licensed in Japan, the agency has allowed another 16 to operate without a license for the time being. However, going forward, only those with sufficient safety and customer […]
The post Over 100 Firms Seek Licenses to Operate Cryptocurrency Exchanges in Japan appeared first on Bitcoin News.
Powered by WPeMatico