June 19, 2018

Author: Samantha Mitchell

Shapeshift COO Says U.S. Crypto-Regulations Worsen as Germany Becomes More Concerned With Financial Stability

The ShapeShift co-founder and chief operating officer has said that the American Cryptocurrencies have become worse. In other regulatory news, Germany’s Federal Financial Supervisory Authority president has said that his country is not concerned with individual investors but financial stability. The UK, through the country’s Financial Conduct Authority, has written to the CEO’s in businesses […]

Korean Banks Fail Crypto Exchanges In The War Against Money Laundering

Major Crypto Exchanges in South Korea are voluntarily complying with the government’s anti-money laundering (AML) oversight. However, Korean banks have been blamed for lagging behind in this war. The country is on the way to improving its Crypto-related AML measures with their American counterparts. The Banks’ Effort To Comply With AML Measures Not Enough The […]

Estonia Licenses a Cryptocurrency Trading Platform Ibinex

Estonia, a crypto-friendly Baltic nation has licensed Ibinex to operate in the country. The firm has been in Cryptocurrency business for some time where it provides a white-label solution for the various exchanges. The new permit is a major boost to a company that has been a member of the Financial Commission since 2007. Ibinex […]

Venezuela To Closely Monitor Cryptocurrency Transactions In The Country

The Venezuelan government has announced that it will start to monitor bank accounts involved in Cryptocurrency transaction. All those operating in this business should sell the Cryptocurrencies at recommended prices. According to the country’s Vice President Tareck El Aissami, those found trading the virtual currencies at prices that are “undermining the national currency” in the […]

Thailand To Endorse 5 ICO Projects

The Thailand financial regulator will use a new regulatory framework to validate five ICO projects. The country has over 50 ICO projects, but only five of them met the requirements. The new framework will come into force this month. The Approval Of The Five ICO Projects Bangkok Post has reported that Thailand Securities and Exchange […]

Female Afghan Scholars Benefit From Paxful Academic Scholarships

Three female Afghan female refugees have been awarded scholarship by Paxful. The peer-to-peer (P2P) Bitcoin marketplace gave the grant under its charitable initiative called #BuildWithBitcoin. A Rwandan nursery school that previously benefited from the fund during its construction will also get additional funds. The Three Afghan Beneficiaries The applicants for the scholarship program were required […]

Germany Says Cryptocurrency Cannot Affect Financial Stability

A study by the German Federal Government on Cryptocurrency has established that the virtual Currencies cannot affect financial stability. The findings are in contrast to the views of the traditional financial system on Cryptocurrencies, as they see them as a severe threat. Despite the discovery, the government still feels there is a need to control […]

Bitcoin ‘Whales’ Controlling The Virtual Currency

Cryptocurrencies such as bitcoin have become popular because they are decentralized and many compare their openness to the internet. However, analysts have cast doubt in this widely held perception about the virtual currencies. They believe that a few influential individuals are in control of most of the bitcoins. Only A Few Holders Control Most Of […]

Why Bitcoin Is Still Lucrative

It is no secret that Bitcoin has been experiencing tough times in recent times. Since the Cryptocurrency exchanged at almost $20,000 in December 2017, its price has been decreasing since then. This past weekend, the virtual currency’s value has reduced by 10 percent. The currency is now worth about 50 percent of its value in […]

Bitcoin Investors Continue To Record Huge Losses After A Hack In South Korea

Bitcoin prices have hit their lowest levels this year after a South Korean exchange reported a hack on its system over the weekend. The exchange reported a loss of up to a third of its coins. The attack has renewed questions about security on the various Cryptocurrency exchanges. Cryptocurrency Hack In South Korea A South […]
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