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Cryptocurrency News From Japan: March 1-7 in Review
7.3.2020
This week’s news from Japan includes a blockchain proposal from the Federation of Economic Affairs, Rakuten Wallet margin account registrations and more
South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards
7.3.2020
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global...
German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs
7.3.2020
Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The regulator recently clarified what crypto service...
Crypto Bulls Roadshow Coming to Over 15 Indian Cities — With Government Participation
7.3.2020
India’s Crypto Bulls Roadshow, a nonprofit initiative to prepare India for the next bull run, is coming up, and government organizations are joining the drive. Currently, 15 cities in India are planned for but more may be added based on demand. There is no fee to participate in the roadshow...
Airport Gold Seizure in Amsterdam Points to Bitcoin Utility for Private, Borderless Travel
7.3.2020
A 27-year-old Brazilian man was arrested at Schiphol Airport in Amsterdam Friday for failing to declare 15 kilograms of gold bars to customs, according to local reports. After failing to provide a convincing explanation as to how he acquired the gold, the traveler flying from Rio de Janeiro to Hong...
The Dangerous Truth About India’s Cryptocurrency Verdict
7.3.2020
An only-partial court victory and the possibility of legislation banning crypto mean the industry’s legal status in India remains vulnerable
How Popular Is the Dark Web in India? A Look at Increasing Tech Use and Free Market Potential
7.3.2020
Now that the Reserve Bank of India’s banking ban on cryptocurrencies has been lifted by a recent Supreme Court decision, there is reinvigorated interest in bitcoin within the South Asian nation. Exchanges can reconnect to banking institutions and offer the support they formerly did to their...
BitPanda CEO Eric Demuth Says Bitcoin Is Gold 2.0 for Millenials
7.3.2020
Regulations are necessary to avoid a “Wild West” for the crypto industry, says BitPanda CEO
Binance.US Enables USDC Deposits
6.3.2020
USDC is now part of Binance.US assets to allow users easily convert to BUSD
'Altcoin Season May Come Soon:' Binance Research Report
6.3.2020
The altcoin market may soon see renewed activity, according to research recently published by Binance
HTC Unveils Privacy Protecting 5G Router, Pundi X Finalizes Blockchain Phone Prototype
6.3.2020
Product announcements in the mobile and internet communications sector have indicated that cryptocurrency-related features are going to become more common. A 5G router with a Bitcoin node that provides secure connectivity, a new blockchain phone you can customize, and a flagship’s hardware...
Coinbase CEO Explains How Crypto Will Go from 50 Million to 5 Billion Users
6.3.2020
Coinbas’se CEO said that the developments that resulted in a mass adoption of the internet are similar to the work that is currently being done on crypto
OKCoin’s Chair Takes Over as CEO, Former Chief Executive Moves Sideways
6.3.2020
OKCoin announces chairperson Hong Fang as its new CEO
Trust Wallet: A Secure, Anonymous, Multi-purpose Cryptocurrency Wallet
6.3.2020
The use of cryptocurrency and application of blockchain technology has witnessed a meteoric rise in recent times. With an increase in the use of cryptocurrency and decentralized applications (DApps), the need for a secure and simple way of access to cryptocurrency wallets has also increased. Users...
RBI to Challenge Supreme Court Verdict on Cryptocurrency
6.3.2020
The Reserve Bank of India (RBI) is reportedly seeking to file a review petition challenging the supreme court verdict which lifted its banking ban on the crypto industry. The RBI is worried that the court’s decision “could pave the way for trading in virtual currencies and put...
The Steem Takeover and the Coming Proof-of-Stake Crisis
6.3.2020
Steem’s troubles have woken up the crypto world to the inherent vulnerabilities of proof-of-stake-based systems
Cryptocurrency Airdrops and Giveaways: What They Are and What’s Next
5.3.2020
There are a number of ways people can obtain cryptocurrencies and one of them is through airdrops, a type of distribution where creators send free coins to numerous crypto wallet addresses in order to drive adoption. Airdrops have been leveraged for years and token distributors believe that...
$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
Fungible Tokens Turn Monopoly Money Into Cryptocurrency
5.3.2020
Brave New Game, or, what would be dramatically changed by adding real cryptocurrencies to board games?
The Algorithms That Control the Cryptocurrency Market
5.3.2020
Algorithms are at the heart of 21st century life, invisibly controlling many of the systems we use and take for granted on a daily basis. Pervasive algorithms determine the entertainment we consume (Netflix, Spotify), the information we read (Google), and the chatter we hear (Facebook, Twitter)....