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South Korean Politician Pushes for Tougher Crypto Exchange AML Rules


Source: Adobe/david_franklin More restrictive anti-money laundering (AML) compliance measures could be incoming for South Korean crypto exchanges after a lawmaker lodged a private member’s bill in the National Assembly. The National Assembly, South Korea’s parliament, will likely debate and vote...

Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors


Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...

Major Chinese Banks Bar Customers From Buying Gold, Precious Metals


Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...

XRP Giveaway for Exchange Clients, eSports Teams to Get XRP


More Japanese citizens could end up with Ripple-affiliated XRP tokens – after an exchange announced a token giveaway for new account holders, while one of the nation’s biggest crypto players said it is planning to pay eSports players and their managers in XRP. FXCoin said it will give away XRP...

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