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Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy


Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value...

German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs


Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The regulator recently clarified what crypto service...

Will "No KYC" Exchanges Survive in a Regulated Crypto Industry?


For those of us who have been around since before the great crypto boom of 2017, having to undergo KYC (know your customer) procedures at digital asset exchanges was somewhat of an anomaly. “Back in the day” you were able to register to most crypto trading platforms using an email address and that...

Bitgo to Offer Regulated Crypto Custody in Switzerland and Germany


European crypto exchanges, as well as other companies with significant crypto holdings they need to protect, now have another option for cold storing their digital fortune. Bitgo is expanding out of the U.S. and into Europe with two new companies in Switzerland and Germany. Also Read: German...

London-Based Cryptocurrency Exchange LBX Faces Compulsory Liquidation


London-based cryptocurrency exchange LBX is the latest digital asset trading venue to face critical difficulties and is now being liquidated. Despite rising crypto prices, which typically lead to an influx of new traders, some regulated exchanges have struggled to survive amidst rising legal fees...

Speculation Abounds Regarding Youtube’s Removal of Crypto Content


At least six crypto Youtube channels have reported in recent hours that their content is being removed under the site’s “harmful and dangerous” policy, with one popular channel claiming Youtube pointed to a “sale of regulated goods.” Chris Dunn is one of these, whose...

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