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South Korean Regulator Bans Privacy Coin Trading, Beefs up Crypto AML


South Korea’s financial regulator is flexing its muscles with a series of new amendments to forthcoming crypto regulations – with new anti-money laundering (AML) provisos and a ban on privacy coin trading. On Monday, Per Fn News and ZDNet Korea, as well as Paxnet, the regulatory Financial Services...

Crypto Market Sentiment Sinks into Neutral Zone; EOS Rules the Week


The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization dropped out of the positive zone last week, and though it had stood very near the border at the time, it sunk deeper into the neutral zone since, according to the crypto market...

Blockchain Fest 2021: A Global Hub for Crypto Industry


Global crypto forum takes over European financial and IT capital When—May 2021 Where—Limassol, Cyprus (Parklane Hotel by Marriott Bonvoy) Blockchain Fest will take place in May 2021, in Limassol and has chosen Cyprus, European financial and IT center as its hub to bring experts from all over...

Switzerland Approves Gazprombank to Offer Bitcoin Trading and Custody


Zurich-based Gazprombank, a subsidiary of Russia’s third-largest bank, has been approved by Switzerland’s financial regulator to offer a number of cryptocurrency services, including the buying, selling, trading, and custody of bitcoin. Gazprombank Approved to Offer Bitcoin Services...

Crypto Adoption in 2021: Bitcoin Rules, Ethereum Grows & Faces Rivals


Crypto adoption will gain further steam in 2021, according to experts speaking with Cryptonews.com. To date, Bitcoin (BTC) and other cryptoassets have had a very good (yet turbulent) 2020, and with the global economy expected to continue stagnating into 2021 (and beyond), crypto might...

Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion


Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...

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