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New South Korean Crypto Law May ‘Force 190 Exchanges to Close’
12.3.2020
While much of the South Korean crypto community is still celebrating the introduction of the country’s first-ever piece of crypto-specific legislation, others are warning that the overwhelming majority of crypto exchanges will likely go under once the new laws’ banking stipulations come into...
Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits
12.3.2020
Australian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts....
Global Investments Into Indian Crypto Sector Surge After Supreme Court Lifts Ban
11.3.2020
India has become increasingly attractive to new crypto businesses and investors from all over the world now that the supreme court has lifted the banking ban. Some companies are expanding operations into the Indian market while others are investing in the country’s crypto ecosystem. Also...
What Is a ‘Circuit Breaker’ and Why Do Exchanges Need Them?
11.3.2020
Should crypto exchanges follow the lead of traditional exchanges and use circuit breakers to curb panic selling?
CoinTracking.info Helps Crypto Traders Avoid Costly Tax Mistakes
10.3.2020
CoinTracking.info, the world’s most popular cryptocurrency tax software, is announcing the launch of a new service aimed at helping crypto traders avoid a common tax-time mistake: submitting incomplete or incorrect data to the IRS.
The post CoinTracking.info Helps Crypto Traders Avoid Costly...
US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine
10.3.2020
A U.S. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. The bill clarifies which federal agencies regulate which type of crypto assets. “It’s crucial that America remains the global leader in cryptocurrency,” the lawmaker...
Kraken Exchange Pledges India Expansion as Nation Reopens for Crypto Business
10.3.2020
The announcement comes a week after the country's supreme court overturned a two-year banking ban for cryptocurrency firms
tZero-Affiliated Firm Hopes SEC Will Pass Updated Proposal for Security Token Platform
9.3.2020
The Boston Options Exchange modified its plan to launch a security token exchange, increasing its required market makers and bringing its listing standards closer to the NYSE's
Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira
8.3.2020
If there’s a place where cryptocurrencies draw significantly more attention than anywhere else right now, it has to be Nigeria. Africa’s largest economy is driven by its oil exports, expanding manufacturing, financial services, communications and information technology sectors, but also...
South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards
7.3.2020
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global...
Crypto Bulls Roadshow Coming to Over 15 Indian Cities — With Government Participation
7.3.2020
India’s Crypto Bulls Roadshow, a nonprofit initiative to prepare India for the next bull run, is coming up, and government organizations are joining the drive. Currently, 15 cities in India are planned for but more may be added based on demand. There is no fee to participate in the roadshow...
AMLD5 Won't Save Crypto Exchanges From Bank Rejection
7.3.2020
EU regulation is catching up with crypto. Once an anarchic domain where only code was law, cryptocurrency's rise to international notoriety has meant that the world's legislators have been busy over the past few years creating a framework that just might tame crypto.
The EU's 5th Anti-Money...
How Popular Is the Dark Web in India? A Look at Increasing Tech Use and Free Market Potential
7.3.2020
Now that the Reserve Bank of India’s banking ban on cryptocurrencies has been lifted by a recent Supreme Court decision, there is reinvigorated interest in bitcoin within the South Asian nation. Exchanges can reconnect to banking institutions and offer the support they formerly did to their...
Crypto Exchange OKCoin Appoints New CEO to Drive U.S. Expansion
6.3.2020
The current CEO Tim Byun will lead OK Group's global government relations from the end of March
India’s Central Bank Plans to Fight Supreme Court Crypto Ruling
6.3.2020
The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms
Exchange Technology Developer AlphaPoint Raises $5.6M in Latest Funding Round
6.3.2020
A member of FINRA's board of governors has also joined AlphaPoint's board
Chainalysis: Only 1% of $1 Trillion Transacted in Crypto in 2019 Was Illicit
5.3.2020
Chainalysis reports over $1 trillion was transacted in cryptocurrency in 2019 with only 1.1% of it being illicit
Huobi Thailand Launches Amidst Coronavirus Outbreak
5.3.2020
Huobi Thailand launches today amidst the coronavirus outbreak in the region
How the Bitcoin Market Changed Since 2017’s Bull Run
5.3.2020
Regulation-friendly infrastructure makes 2020's bitcoin market stand out from the Wild West of 2017
South Korea Passes Law to Introduce Permit System for Crypto Exchanges
5.3.2020
Virtual currency exchanges in South Korea will soon have to report their activities to regulators after receiving real-name confirmed bank accounts