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How One Crypto Player’s Winnings have Reached $275k at CryptoSlots in Two Years
26.11.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Ever wonder if players really do get lucky from crypto casinos? Maybe not all, but we found one CryptoSlots casino player whose winnings have added up to a substantial $275k in wins in just two years of playing...
Russian prime minister proposes legal steps to bring order to crypto market
26.11.2020
Russia’s prime minister proposed recognizing crypto as property under the nation’s tax code
Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams
26.11.2020
Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin
Reddit Users Fume at Details of PayPal Crypto ‘Lockout’ Case
26.11.2020
A Reddit user has claimed they have been “permanently banned” from the PayPal platform “due to cryptocurrency buy/sells being treated as ‘item sales.’”
Per a thread created by the Redditor, the PayPal customer claimed that they wanted others to be aware of what they called an “ignorance-fueled...
Bitcoin exodus: OKEx users move crypto off exchange as withdrawals resume
26.11.2020
Major cryptocurrency exchange OKEx resumed all withdrawals at 8:00 am UTC on Nov. 26, but users already appear to be pulling out their funds, fast
South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges
26.11.2020
South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the bitcoin (BTC) holdings of corporate...
Cambridge and Oxford teams compete in algorithmic crypto trading contest
26.11.2020
Teams representing the maths and science departments of the universities of Cambridge and Oxford are competing to design cryptocurrency trading algorithms
Judge rejects motion to freeze Cred's crypto assets in bankruptcy case
26.11.2020
A U.S. bankruptcy judge has rejected a motion to freeze the assets of beleaguered crypto lending service that was filed by its users
Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules
26.11.2020
Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges
PayPal suspends user for crypto trading using Paypal’s own service
26.11.2020
The user’s funds are reportedly under a 180-day hold
Furious Abkhazian Villagers Forcibly Close Down Crypto Mining Farms
26.11.2020
Crypto mining is threatening to draw a nation into chaos – with angry Abkhazian villagers reportedly taking the law into their own hands by kicking miners out of their regions.
The latest development in the South Caucus-located de facto state has seen anarchic uprisings, with miners thrown out...
Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies
25.11.2020
Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold...
Despite New Incentives to Stay, Some of OKEx’s Chinese Users Are Determined to Leave
25.11.2020
Some OKEx's users in China are determined to leave the exchange despite new incentives designed to keep them
Retail Crypto Trading Soars In Africa and Asia + More News
25.11.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Marcus Swanepoel, Founder of UK-headquartered crypto exchange Luno, recently acquired by the Digital Currency Group, said that...
Square Agrees to Buy Credit Karma’s Tax Preparation Service for $50M
25.11.2020
Cash App will make the DIY tax-prep software available for free to its 30 million monthly users
‘BitcoinTuesday’ to become one of the largest-ever crypto donation events
25.11.2020
BitcoinTuesday is aligning crypto awareness with public good in this one-day charity event
Wake Up on Black Friday and Smell the Crypto Deals
25.11.2020
Thursday, November 26 is Thanksgiving in the United States, and right after it comes the Black Friday bonanza globally. On this day, retailers open wide and in great fashion the doors to Christmas shopping season, offering a myriad of '-X% offs' on pretty much any product in existence. And more...
US Intelligence Chief Raises Concerns With SEC Over China’s Crypto Dominance: Report
25.11.2020
U.S. spy chief John Ratcliffe was reportedly seeking clearer regulation around digital currency
CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading
25.11.2020
Cryptocurrency exchange Coinbase is disabling its margin trading product in order to comply with the new rules set by the Commodity Futures Trading Commission (CFTC). CFTC’s Rules Affecting Margin Trading Offerings Coinbase’s chief legal officer, Paul Grewal, explained in a blog post...
South Korean Crypto Tax May Be Delayed after Parliamentary Intervention
25.11.2020
South Korean crypto investors could receive a welcome stay of execution from new crypto taxes – with parliamentarians pushing Seoul to postpone a much-maligned crypto tax reporting act.
Per the Dong-a Ilbo, a leading South Korean parliamentary committee has made a late intervention in the matter...