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Spanish Crypto Exchanges to Discover Their Fate by October


The Spanish central bank will roll out its new registration process for crypto exchanges operating in the nation by October. Exchanges have been in limbo since April this year, when parliament passed a new law aimed at tackling the spread of money laundering and terrorist financing. The law states...

Mad Money’s Jim Cramer Recommends Putting up to 5% of Portfolios in Crypto


The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer...

Spain Prepares Registry for Cryptocurrency Exchanges and Custody Providers


The authorities of Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with legal requirements to address transparency and terrorism financing issues. This registry is specified by the Prevention of Money Laundering and Financing of Terrorism Law, approved last...

Bitcoin, Ethereum and Altcoins Extend Losses


Bitcoin price failed to recover above USD 49,000 and started a fresh decline. BTC traded below the USD 47,500 and USD 47,200 support levels. The current (11:45 UTC) price action is showing bearish signs and BTC could continue to move down towards USD 46,000. Similarly, most major altcoins...

24 Crypto Exchanges to Close in South Korea – and 18 More Could Follow


Only a third of South Korean crypto exchanges have met the “minimum requirements” to register with the financial regulator ahead of next month’s deadline – with 24 already all but confirming they will close. But political pressure is mounting on the regulator, with a growing group of MPs pushing...

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