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US Regulator Green-Lights Banks for Cryptocurrency Custody Services
23.7.2020
The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank activities related...
Winklevoss’ Gemini to Offer Custody of .Crypto Blockchain Domains
23.7.2020
Users can now store Unstoppable Domains’ .crypto addresses with Gemini Custody
Binance Smart Chain Adds Chainlink Oracles for Better DeFi
23.7.2020
Binance Smart Chain will integrate Chainlink data oracles to add usability to its blockchain, in particular, in the burgeoning DeFi space
Philippines Now Has 16 Cryptocurrency Exchanges Approved by Central Bank
23.7.2020
The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges has been helping the government and Unionbank to launch an app for bond purchases. 16 Registered Crypto...
Binance to Transfer BUSD Across Blockchains on Syscoin-Ethereum Bridge
23.7.2020
The bridge integration will make the stablecoin available on the Syscoin blockchain for the first time
The Bank of Lithuania Released a Cryptocurrency, But It’s for Collector
23.7.2020
Lithuania’s central bank has issued a NEM blockchain-based collector token in homage to the country’s Act of Independence of 1918
Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
23.7.2020
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows...
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
Japan’s Covid-19 Stimulus Payments Didn’t Flow Into Crypto
23.7.2020
Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies
China’s Supreme Court Recommends Increasing Crypto Property Rights Protection
22.7.2020
The supreme court of China has recommended increasing the legal protection of property rights, including digital currency ownership rights. The recommendations also focus on solving issues such as “the use of public power to infringe private property rights, illegal seizures, and freezing...
Visa Blog Post Hints at Future Digital Currency Projects
22.7.2020
Visa appeared on Wednesday to redouble its efforts to “shape and support” cryptocurrency’s place in the “future of money.”
Can Compliance and AML Software Improve Cryptocurrency Business Sustainability?
22.7.2020
Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions
Binance Buying a Traditional Bank Is Not a New Idea, CZ Says
22.7.2020
Binance CEO CZ says that having their own bank would unlock one more channel for interacting with global regulators
Dr Seuss Crypto Collectibles to Feature Cat in the Hat, Lorax, Horton, the Grinch
22.7.2020
Dr. Seuss’ characters will be crypto collectibles due to a partnership between Dr. Seuss Enterprises and Dapper Labs, the company behind Cryptokitties and the upcoming NBA Top Shot. Some of the characters that will be available include The Cat in the Hat, The Lorax, Horton, The Grinch,...
Chinese Supreme Court Favors Strengthening Cryptocurrency Property Rights
22.7.2020
China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data
South Korea Finalizes Cryptocurrency Income Tax of 20%
22.7.2020
South Korea has finalized a new 20% tax rate for income generated from crypto trading
Twitter Hackers Try to Launder Funds Via P2P and Gambling Platforms
22.7.2020
The hackers behind the massive Bitcoin ‘giveaway’ scam that hit Twitter are moving funds to gambling and P2P trading platforms
Coinsquare’s Leadership Forced Out After Wash Trading $5.5B
22.7.2020
The CEO, President, and the COO of Canadian exchange Coinsquare have stepped down following an agreement with the Ontario Securities Commission
South African Exchange Valr Raises $3.4 Million in a Series A Funding Round
22.7.2020
A South Africa based cryptocurrency exchange, Valr has just raised $3.4 million in a Series A funding round led by 100x Group, the parent company to Bitmex. The funding round, in which 4Di Capital also participated, however, does not change Valr’s controlling shareholder structure. In...
Why Did LocalBitcoins Give Up Their Users’ Privacy?
21.7.2020
LocalBitcoins COO Elena Tonoyan explains how the oldest peer-to-peer Bitcoin exchange is fighting against criminal activity on its platform