Search
CryptoAltum Launches Zero Fee ‘CryptoConvert’ and Lists Doge and Shiba on MT5
7.2.2022
PRESS RELEASE. When it comes to the cryptocurrency industry, it is absolutely vital to be able to convert one cryptocurrency, token or coin for another in an effective, seamless and easy to understand fashion. After all, it is this conversion ability that makes the crypto sector so attractive,...
3 things the crypto sector must offer to truly mainstream with TradFi
5.2.2022
“Reforming the face of finance” is crypto’s primary sales pitch, but the sector needs to offer a few basic components before being welcomed into the arms of the traditional finance sector
Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading
4.1.2022
The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing...
IMF Chief Economist Says ‘Regulation Is Absolutely Important’ for Crypto Sector
19.12.2021
The chief economist at the International Monetary Fund (IMF) says that regulation is “absolutely important” for the crypto sector. She added that banning cryptocurrencies, like what India could be considering doing, would pose practical challenges given their decentralized nature....
Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals
13.12.2021
Public officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of a Korean lawmaker, quoted by local media. Former Financial Officials Hired by Major...
Indian Prime Minister Narendra Modi to Take Final Decision on Cryptocurrency Regulation
10.12.2021
A high-level meeting is reportedly being held on cryptocurrency regulation in India and Prime Minister Narendra Modi will take a final decision on how India will regulate the crypto sector. All options are being discussed including full and partial regulation as well as a complete ban and a partial...
Australia to Regulate Crypto Sector as Part of Payments Reform
8.12.2021
The government of Australia is preparing to comprehensively regulate the activities of cryptocurrency exchanges and custodians. The push is part of a major overhaul, aimed at preserving the country’s sovereignty over its payments system, which will also affect providers like Apple...
Coinbase Pushes for Single Crypto Regulator: CEO Says ‘We Have 53 Regulators in Just One Country, the US’
15.11.2021
Crypto exchange Coinbase has been meeting with a number of regulators to convince them that the U.S. should have just one federal regulator overseeing the crypto sector. Currently, there is a variety of different regulators in the U.S., CEO Brian Armstrong explained, noting that Coinbase...
Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies
13.11.2021
Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market....
Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals
2.11.2021
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish...
In S Korea’s New ‘Stable’ Crypto Sector, There’s Now One Exchange to Rule them All
26.10.2021
In South Korea, just over a month has passed since a seismic regulatory measure was introduced, effectively shutting down most of the nation’s crypto exchanges, leaving just four fully functioning trading platforms standing. And despite the carnage of late September, analysts say the industry...
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
24.10.2021
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies....
South Korean Crypto Sector Still Reeling from Last Week’s Carnage
27.9.2021
er reports from the Segye Ilbo, as well as Chosun
Central Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency
23.9.2021
The National Bank of Ukraine recognizes the benefits of endorsing crypto innovations but also fears cryptocurrencies could gain ground on the national fiat. Announcing its monetary policy guidelines for the near future, the regulator noted it’s going to defend the status of the hryvnia...
Evolve or die: How smart contracts are shifting the crypto sector’s balance of power
18.9.2021
Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange
SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending’
16.9.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the crypto sector. SEC Chair Gensler Says More...
Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market
9.9.2021
The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations...
Crypto Sector World’s 3rd Industry in Phishing Attacks Growth - Report
18.8.2021
Phishing activities continue to intensify across the world, with their volume for the second quarter of 2021 outpacing the same period last year by 22%. Cryptocurrency increasingly finds itself in attackers’ sight, with a tenfold increase in attacks on exchanges, according to a recent report...
The perfect storm: DeFi hacks will advance the crypto sector moving forward
17.8.2021
There is a silver lining from the DeFi hacks as new tech develops to protect the sector: "DeFi will be much safer in 12 months from now.”
Japanese Crypto Sector Launches Consolidated Tax Reform Bid
12.8.2021
Two of Japan’s biggest crypto business groups have launched a joint bid to persuade the government to revise its crypto tax laws. Japanese law currently stipulates that crypto traders must pay levies of up to 55% on their profits.
However, a number of players in the sector – as some opposition...