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South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges
21.11.2019
A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements
What’s at Stake With Masternode Coins?
21.11.2019
“Masternode” is a term that echoes less often in the cryptosphere these days, but not because user-controlled nodes have fallen out of favor. Rather, the nomenclature has shifted, with “staking” now used to describe the array of blockchains that fall under this banner. As...
ShapeShift Launches Exchange Token, FOX, for Commission-Free Trading
20.11.2019
"Basically, we're trying to get people away from custodial exchanges," said ShapeShift CEO Erik Voorhees
Singapore Proposes Allowing Bitcoin, Ether Derivatives Trading on Approved Exchanges
20.11.2019
The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, may soon allow cryptocurrency-based derivatives to be traded on regulated platforms
South Africa: Bank Drops Bitcoin Exchanges Citing ‘Regulatory Clarity’
20.11.2019
ZA Bitcoin exchanges unfazed as bank moves to end support
FNB Stops Lending Support to South African Cryptocurrency Trading Exchanges
20.11.2019
FNB, the brainchild of South Africa’s leading financial services giant FirstRand Bank has notified an array of country’s major cryptocurrency exchanges about the closure proceedings about their bank accounts. The trading exchanges being alarmed by FNB include big players like Luno, ICE3X, and VALR....
Mega-Utility Token UPT Will Offer Interest and Discounts on Trading
20.11.2019
About to make its initial exchange listing, Universal Protocol Token (UPT) will serve as a mega-utility token, offering holders attractive interest rates when lending and borrowing, lower exchange fees, cashback and discounts on trading. Also Read: Universal Protocol Alliance to List Mega-Utility...
Binance, Coinbase Drop in 'Trusted Exchanges' Ranking, Gemini Leads
19.11.2019
Major crypto exchanges, such as Binance, Coinbase and Bitstamp dropped in the ranking of the "most trusted" exchanges, updated by a provider of the crypto market data CryptoCompare. Gemini and OKEx jumped the most.
As reported, CryptoCompare rolled out its Exchange Benchmark in June...
Chinese Authorities Scrutinize and Report on Crypto Exchanges
19.11.2019
According to a notice issued on weibo.com, and later confirmed as authentic by business publication Caixin, authorities in Shanghai appear to have dispatched officials for conducting reviews of area businesses engaged in cryptocurrency dealings, and are set to report back to financial regulators...
Canada’s Einstein Exchange No Longer Has Bulk of Users’ Claimed CA$16M: Receiver
19.11.2019
The exchange, taken over by a Canadian securities regulator two weeks ago, has just CA$45,000 in crypto and cash left
IRS Focusing on Potential Illicit Activities Facilitated by Bitcoin ATMs: Official
19.11.2019
The Internal Revenue Service is looking at bitcoin ATMs and their potential to facilitate illicit activities, its criminal investigation chief said
Governments Viewing Crypto as a Threat Will Be Left Behind
18.11.2019
In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. While the continued push to regulate crypto is no surprise, the general narrative...
IRS Dispels Crypto Tax Confusion
17.11.2019
The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help...
Fincen Director: US to Impose Strict Anti-money Laundering Rules on Crypto Exchanges
16.11.2019
Kenneth Blanco, director of the FinCEN (Financial Crimes Enforcement Network), said recently that the rules would be strictly imposed by the U.S. government that require the firms engaged in cryptocurrency money service businesses, to share data about their customers. As a part of anti-money...
Criminal Case Against Failed WEX Crypto Exchange Points at Russian Law Enforcement
15.11.2019
The administrator of failed crypto exchange WEX has reportedly told Russian police that he was forced to hand over users' holdings to the FSB
Hong Kong’s New Criteria on Crypto Exchanges Actually Isn't Important
15.11.2019
Experts discuss whether Hong Kong’s new framework for crypto exchanges will actually have a positive impact on the local market
Crypto Exchanges Found a Way to Solve Major Regulatory Headache
15.11.2019
Source: iStock/bernie_photo
Virtual asset service providers (VASPs) just launched the OpenVASP initiative that aims to solve one of the biggest regulatory challenges, known as the "travel rule."
As a reminder, the rule necessitates that VASPs share customer info with each other, so that...
Instant Crypto Exchange Changelly Secures Access to SLP Tokens
14.11.2019
Instant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also Read: Universal...
Coinbase Expands Reach of Visa Card in Europe, Adds 5 New Cryptos
14.11.2019
The exchange has added new crypto options to its Visa debit card, including XRP, XLM and REP, and also expanded availability to 10 more nations
“Don't Leave Your Coins In Exchanges,” Says Crypto Entrepreneur Who Lost All His Assets
14.11.2019
‘Take your money off the exchanges,’ says this blockchain venture capital firm founder