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After BitMEX Meltdown, Should Shorting Be Banned on Crypto Exchanges?
22.3.2020
Many countries in Europe banned short selling after the global financial crisis, should crypto exchanges do the same after Bitcoin’s recent 50% drop?
Shadow of Steem: Crypto Exchanges Choose to Govern User Deposits Differently
19.3.2020
In view of the Steem fiasco, Cointelegraph examines how some of the most popular exchanges handle user deposits: Do they lend them out, stake them or leverage them?
South Korean Crypto Exchanges Ready Compliance Measures as Clock Ticks
19.3.2020
South Korea’s landmark Special Financial Transactions Information Act amendment was promulgated earlier this week, a fortnight after the country’s parliament voted unanimously in its favor.
Although many industry players have been galvanized by it, others have warned that its stipulations – which...
Retail Investors Are Buying the Bitcoin Institutions Are Selling, Traders Say
16.3.2020
As institutions unload bitcoin, crypto’s traditional base – retail investors – is doing most of the buying, market participants said
Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify
15.3.2020
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions. Banks say they are waiting for instructions to lift the ban from the Reserve Bank of India (RBI)....
John McAfee Reiterates the Importance of Decentralized Crypto Exchanges
13.3.2020
Computer scientist John McAfee has been a long time promoter of decentralized economies and is also the creator of McAfeeDEX. He reiterated his stand on Friday, posting a video where he can be seen emphasizing on the importance of distributed/decentralized crypto exchanges. Why are Distributed...
Crypto Exchanges Make Emergency Moves to Deal With Disrupted Transactions
13.3.2020
Some crypto exchanges around the world struggled to deal with the unexpected crash that has seen bitcoin (BTC) crash to as low as USD 4,000 before rebounding to more than USD 5,500 – leading some to take “emergency measures.”
A number of major exchanges suffered with technical issues as some coins...
Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year
12.3.2020
Binance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere will echo those sentiments, as fallout from the COVID-19 pandemic reverberates through global markets. As crypto exchanges were thronged by frantic traders looking to capitalize on –...
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...
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...
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...
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
Indian Crypto Exchanges Resume Fiat Services 24 Hours After Supreme Court Ruling
5.3.2020
Less than a day after India’s Supreme Court overturned a ban on banks’ services to crypto, the industry’s leading exchanges have re-opened fiat services
India’s Supreme Court Lifts Banking Ban on Crypto Exchanges
4.3.2020
The Supreme Court of India has ruled against a decision imposed by the country’s central bank nearly two years ago that curbed crypto trading in Asia’s third-largest economy. According to a report from Bloomberg, a three-judge bench of the court ruled on Wednesday in favor of petitions...
Major Crypto Exchanges Lament Outsized Scrutiny From US IRS
3.3.2020
Major crypto exchanges fear that U.S. regulators see the industry as far more dangerous than it really is, posing major obstacles to development
Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions
3.3.2020
The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest...
Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online Gambling
2.3.2020
Turkish authorities will soon be going after crypto exchanges operating in the country, local media reported. Although the trading platforms are not the prime target of a new push to increase budget receipts, they will be placed under close examination. The news comes as a military escalation with...
Threat Alert: New Trojans Targeting Major Crypto Exchanges Apps Discovered
29.2.2020
26 crypto exchange and wallet apps, including Binance, Coinbase, and Xapo, are being targeted by three popular remote access Trojans