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Crypto Regulation Commences in Serbia: Trading, Mining Legalized
6.1.2021
Serbia has started regulating the crypto industry as the country’s law on digital assets has gone into effect. It requires cryptocurrency service providers to obtain a license and legalizes crypto activities, including trading and mining. Serbia Starts Regulating Cryptocurrency Serbia’s...
Japanese telecoms giant Softbank Corp joins crypto regulatory group JSTA
6.1.2021
Softbank’s telecoms arm is set to become the latest member of the Japanese Security Token Association
Crypto exchange Shapeshift integrates DEXes, relieves user KYC burdens
6.1.2021
The new DEX onramps will offer users access to new assets, as well as better liquidity and security
Iran Shuts Down 1,620 Cryptocurrency Mining Farms
6.1.2021
Since Iran began recognizing cryptocurrency mining as an industry, it has reportedly shut down 1,620 unauthorized crypto mining farms. Crypto miners initially welcomed the recognition but later said that the electricity tariffs were too high. 1,620 Crypto Mining Farms Shut Down in Iran Iranian...
More Crypto Regulation Coming in Russia and Beyond, Warns Key Lawmaker
6.1.2021
Russian politicians have issued another grim-sounding warning about forthcoming crypto regulations, hinting that 2021 may have some less-than-welcome surprises in store for the nation’s crypto community – as well as crypto enthusiasts based overseas.
Per a report from radio station Govorit Moskva...
Bitcoin Sets New All Time High Spiking Over $35,000
6.1.2021
Bitcoin’s record-breaking start to the new year continued on January 5 after the top crypto set another new all-time high (ATH) of $35,879. Based on this new milestone, the top cryptocurrency has now surged by more than 20% in just the first of five days of the new year. Record-Breaking Start...
More Bad News Coming For XRP Proves Crypto Market Matured
6.1.2021
There are more bad news coming for XRP, following the recent lawsuit filed against major US-based blockchain company Ripple - as yet another major exchange stops trading, an investor sues Ripple looking to force a stock redemption, and the number of addresses with XRP 1m or more has dropped...
Mastermind of a Cryptocurrency Scam Arrested in India
6.1.2021
An alleged mastermind of a cryptocurrency scam has been arrested in India after he fled the country to Dubai. Investors were duped into investing in a cryptocurrency linked to a crypto exchange he established. The scheme also promised investors a monthly return of 20%-30% on investments. Alleged...
Hong Kong-Listed BC Group Raises $90M as Institutional Crypto Demand Soars in Asia
6.1.2021
The offering represents 13% of the company's issued share capital
UK’s Ban on Crypto Derivatives Goes Into Effect Today
6.1.2021
The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October
Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins
6.1.2021
The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC). Ukraine Picks Stellar Foundation to Develop Its Central Bank Digital Currency and National Virtual Asset Strategy According to...
Kyrgyzstan's central bank opens up crypto draft laws to public discussion
6.1.2021
The central bank of The Kyrgyz Republic has drafted regulations that recognize cryptocurrency exchanges in the country for the first time
Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund
6.1.2021
Grayscale has sold all of its XRP holdings to purchase bitcoin, ether, and other crypto assets. In an announcement made earlier today, Grayscale made it known that the firm has sold all of its XRP tokens from the Digital Large Cap Fund. Grayscale Sells Off All XRP Holdings There appears to be more...
Kyrgyzstan Central Bank Is Set to Introduce Bills to Monitor Crypto Exchanges Activities and Forcing Them to Apply for Permits
6.1.2021
The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry. They are about to introduce two drafts to regulate the country’s exchanges that aim to combat terrorism, money laundering, and protecting consumers. Kyrgyzstan Central Bank Set...
Argentinia’s Ripio acquires Brazil's second-largest crypto exchange
6.1.2021
Argentinian crypto firm Ripio has acquired Brazil’s BitcoinTrade, Brazil's second-largest exchange by volume
Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’
6.1.2021
Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that...
Slot machine manufacturer gets patent for crypto payment options
5.1.2021
Many gamblers may no longer need to use Bitcoin ATMs in casinos, as they could transfer their crypto directly to casino gaming accounts
Most Important Crypto Regulation Yet? Banks Can Treat Public Blockchains Like SWIFT and ACH
5.1.2021
A new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure
Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea
5.1.2021
Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market
Who said you can't spend crypto? Redditor sells free Moon tokens to pay rent
5.1.2021
This Reddit user has found a unique way to make ends meet during the pandemic