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Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years
20.2.2020
Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest...
Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles
13.2.2020
A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike...
Bitcoin’s $10k Value Pushed Down by CME Futures Price Gap
10.2.2020
Just recently BTC prices surpassed the $10,000 zone and held above that region for around 24 hours. Some speculators believe the price of BTC dipped below the $10k range on Monday, after the price aligned with the price gap on CME Group’s global market exchange. During the course of 2019...
Dubai Launching Crypto Valley in Tax-Free Zone
26.1.2020
A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups...
Companies Keep Flocking to Swiss Crypto Valley, Over 1,000 Jobs Added in a Year
26.1.2020
Crypto Valley, a fintech-friendly region centered on the canton of Zug, has been expanding to other parts of Switzerland and neighboring Liechtenstein. Despite all the challenges facing the blockchain industry, favorable regulations and improving access to banking and legal services are attracting...
Eastern Europe Sees More Fiat Options for Trading Crypto
12.1.2020
The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors...
Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone
10.1.2020
South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will...
Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas
8.1.2020
The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....
HSBC Closes 2 Branches Following New Protests in Hong Kong
3.1.2020
HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend...
Asia’s Love Affair With Blockchain Is Blossoming
28.12.2019
Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of...
Cardano (ADA) Holds a Slight Bullish Crossover; Rises Above Oversold Region
13.12.2019
Cardano price around the 7-day low at $0.0366 The current price is rightly supported by the 9-day MA In the past seven days, ADA/USD has hit the highest at $0.0392 ADA faces the inability to trade at and above $0.040—the major resistance price point Cardano News Today Cardano coin, just like...
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....
Bitcoin Rises Drastically within No Time; Hits the Overbought Region
27.11.2019
Bitcoin trades above $7,000 after having hit bottom around $6,900, just at the time of writing BTC price gains support as it takes a steep climb above $7,100 The Green long candle has hit the right direction only if it would stay Bitcoin price trend looks like a half hourglass, from trading around...
HSBC Closes Account Used to Support Hong Kong Protesters
22.11.2019
For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...
iSunOne Establishes Itself as the No 1 Blockchain Application in ASEAN Region
19.11.2019
Having established itself as a highly reputed FinTech and media giant, TideiSun Group has added yet another achievement to its credit list. The Hong Kong-based firm has announced that its unprecedented blockchain platform iSunOne has achieved the auspicious milestone of a strong network comprising...
China's Region Targets Miners; Binance Blocked on Weibo + More News
15.11.2019
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
China news
Despite China's U-turn on Bitcoin mining, Chinese local governments are strengthening...
Bitstamp Crypto Exchange Expands Into Asia-Pacific Region With New Hire
13.11.2019
Crypto exchange Bitstamp has hired a new head of Asia-Pacific business development
Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin
3.10.2019
Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...
Japan’s Kanto Region to Track Surplus Solar Energy with Power Ledger
3.10.2019
Australian energy tech firm Power Ledger to run blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019
China’s Autonomous Province Inner Mongolia Decides to Limit Crypto Mining in the Region
23.9.2019
Inner Mongolia, which is an autonomous region within China, having a government that acts independently of the Chinese government, has decided to put a limit on crypto mining in the province. Five departments of the province’s government will work in co-operation to implement suitable restrictions...