The Indian Crypto traders have come up with a new way of trading the virtual currencies, especially Bitcoin to bypass the Crypto banking ban introduced by the Reserve Bank of India (RBI). All the financial institutions under the RBI, the country’s central bank are not allowed to provide banking services to businesses dealing with Cryptocurrencies. […]
The government of South Korea has launched investigations into the increased cases of Crypto hacks in the country. The country’s Crypto Exchanges have become victims of the recent hacks leading to the loss of virtual currencies worth millions of dollars. The government will also carry out security checks on the individual Crypto exchanges’ system. Government’s […]
In response to the multiple hack attacks on Crypto exchanges, the South Korean Government has said that it will strengthen the sector regulatory framework. Under a new bill that has already been tabled in the country’s parliament, Crypto Exchanges will have more obligations in the future. Why The New Bill Is Important Recently, cases of […]
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 […]
For the first time, Japanese Financial Services Agency, the financial regulator for Japan is set to decline an application for one cryptocurrency exchange. This comes just moments after the same regulator approved sixteen other Crypto Exchange platforms. Japanese First Crypto Exchange Rejection The Crypto Exchange in question has received suspension from undertaking any business related […]
The Chilean Cryptocurrency exchange Buda.com, which is currently used in three countries has been Launched in Argentina. The company supports four Cryptocurrencies and says it hopes that Argentina will become one of its biggest markets. Buda.com’s Role In Argentina Buda.com began its operations in Argentina on May 28. The exchange is in the country to […]
Two years is a short time and nothing seems to change significantly, but not in the Cryptocurrency business. A closer look at the Top Cryptocurrency Exchanges in 2016 reveals how rapidly the sector is changing. About 80 percent of the leading Cryptocurrency exchanges by volume than have been replaced. The Top Cryptocurrency Exchanges In 2016 […]
An escalation in Crypto learning centers and programs has been observed in Japan, Thailand, and South Korea. This new development is expected to provide more knowledge about Cryptocurrencies to investors in these countries and help them to embrace the currencies. Crypto Learning Centers In Japan In Tokyo, Crypto education campaigns are being led by “Bitcoin […]
For the Cryptocurrency exchanges operating in Japan, operations would no longer be business as usual. The country’s financial regulator has imposed five new measures that will have to be followed by the exchanges. These regulations would be followed by the exchanges registering in this space for the first time as well as the existing ones. […]
The end of the pre-sell period for one of Venezuela’s biggest exchanges, Petro, has finally come to an end. The announcement was made by the country’s head of state, Nicolas Maduro, who was very impressed by the amount that the campaign raised so far (an equivalence of more than 3 billion). Green Card to 16 […]
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