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Hong Kong Makes Major Crypto Move


Starting today, cryptocurrency exchanges can apply to be regulated by Hong Kong’s Securities and Futures Commission (SFC), as it published a framework for crypto exchanges. The new rules covers aspects of custody, know-your-customer requirements, anti money laundering rules and market manipulation...

190 Indian Bank Locations Raided in Massive Fraud Crackdown


India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. Also read: State...

Litecoin Surges to $64; Expected to Breach Major Resistance at $65


Litecoin was trading below $60 for quite a long time now with a few traces around the trading price of $60 and $61 in the past 10 days. However, it was just yesterday, when LTC soared around $64, giving a new 7-day high. With this the market cap, as well as the 24h volume is … The post...

Canadian Regulator Seizes Troubled Crypto Exchange


The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against...

China Changes its Stance Towards Bitcoin Mining


China’s state planner, the National Development and Reform Commission (NDRC), has reportedly removed Bitcoin mining from the list of industries that might be eliminated. Cryptocurrency mining has not been included in the finalized catalog for Guiding Industry Restructuring that will take effect...

Bitcoin Cash Captured 90% of October’s Crypto Spending in Australia


Just recently the web portal Bitcoinbch.com reported that the number of bitcoin cash (BCH) Australian retail transactions throughout the month of September outshined every other digital currency by a wide margin. After the study, the researchers analyzed transactions for the month of October...

UN: North Korea Turns Talented Children into Cryptocurrency Hackers


The UN believes that North Korea is training its most talented young IT talents to become elite cryptocurrency hackers – and thinks Pyongyang is a using a fake Hong Kong blockchain company as a front for money laundering schemes. Per South Korean media outlet Chosun, South Korean MP...

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