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Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Banking Shut Down Drives Crypto Adoption Among Venezuelans
19.3.2020
Venezuela is one of several South American nations to see growing P2P crypto amid strict coronavirus quarantining measures
No, CME Did Not Shut Down Bitcoin Derivatives Market
12.3.2020
Source: iStock/StockSeller_ukr
Following an announcement from CME Group yesterday, some might get confused that the major derivatives market would shut down trading in bitcoin (BTC) futures & options, along with trading in other assets. Fortunately, this is not the case.
What CME really said...
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...
UK’s FCA Suspends Epayments Service – Over £100M Frozen and Alleged Onecoin Connection
27.2.2020
Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been...
How Are People Trading MIOTA When IOTA Mainnet is Paused?
27.2.2020
The IOTA (MIOTA) mainnet has been on pause for two weeks now, yet MIOTA is still trading. The question asks itself at this point really: how?
Following the discovery that the Trinity Desktop wallets have been compromised, starting with January 25, the Coordinator, a node run by the IOTA Foundation...
Hacked Italian Exchange Altsbit to Shut Down in May 2020
10.2.2020
Italian crypto exchange Altsbit will terminate its services in May 2020
Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests
5.2.2020
Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong...
Bitspark to Shut Down Due to Internal Issues, Despite Positive Results
4.2.2020
Maxine Ryan. Source: a video screenshot, Youtube, Real Vision Finance
Bitspark, a bankless money transfer solution utilizing blockchain technology, will be shutting down in a month, despite reporting positive results.
Hong Kong-based company will be closing its doors on March 4, 2020, announced...
Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
16.1.2020
Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking...
Ex-CEO of Mt. Gox, Mark Karpeles, Moves to Shut Down the Lawsuit
9.1.2020
Mark Karpeles. Source: a video screenshot, Youtube, CANAL+
The former CEO of the now-defunct exchange Mt. Gox, Mark Karpeles, has made a move in an attempt to shut down the class action lawsuit against him filed by ex-Mt. Gox customer, Gregory Greene.
Greene filed the original complaint against...
Mining Pool Simplecoin and Interactive Faucet Chopcoin Shut Down Due to EU Regulations
17.12.2019
Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. Simplecoin co-founder Marvin Janssen addressed Telegram users last month saying “We...
After BottlePay, Two More Crypto Firms Shut Down Due to Upcoming EU Rules
16.12.2019
Two EU-based crypto firms are shutting down because of the upcoming EU Anti-Money Laundering rules
European AML Directive Pushes Crypto Startup Bottle Pay Out of Business
15.12.2019
Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work...
Europe’s New Regulations Force Bitcoin Service Bottle Pay to Shut Down
14.12.2019
Bottle Pay to close social media Bitcoin transfer service citing AML restrictions that will hamper user experience
This Token Project Offered to Shut Down. Its Market Cap Shot Up $10M
13.12.2019
Should DigixDAO completely dissolve its treasury or keep making grants to enhance the ecosystem? That's the question for token holders to decide
Ripple-Backed Omni Rentals to Shut Down by Late 2019: Report
26.11.2019
Ripple-backed Omni Rentals will reportedly shut down its services and send 10 of its engineers to Coinbase
Canadian Regulator Seizes Troubled Crypto Exchange
6.11.2019
The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against...
US Authorities Analyze Bitcoin Transactions to Shut Down Child Porn Ring
16.10.2019
U.S. law enforcement agencies mapped out the server of the largest child porn site by tracing Bitcoin transactions
Kin Price Nosedives After Operator Announced the Shut Down of Kik App
24.9.2019
Kin prices have been sent tumbling after the coin's operator announced it will shut down its Kik messaging app.
In a blog post, Kik Interactive's CEO Ted Livingston stated that regulatory pressure from the American Securities and Exchange Commission (SEC) had sparked the decision.
However, the...