A Chicago Trader Accused Of Stealing Millions In Crypto The US authorities have accused a Chicago man in stealing Bitcoin and Litecoin from his employer, which he used later to trade in cryptocurrencies. His name is Joseph Kim, who worked as an…
Paypal Is Searching For Faster Crypto Payments Tech A recent released patent filing shows, that PayPal is looking a way to boost the speed of cryptocurency payments. On March 1 there was published an application for an “Expedited Virtual Currency Transaction System”…
The Residents Of North Korea, Iran, Crimea, Syria And Cuba Are Blocked By Bittrex There are fears from Russian traders, that they won’t be able to acess Bittrex, once the exchange’s new terms of service come into effect this month appear to…
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Crypto-Banking Business Is On The Rise: A Mainstream Bank In Liechtenstein Allows For Bitcoin Investments A well-known financial institute from Liechtenstein said the first series of cryptocurrencies will be available for trading, which will include particularly Bitcoin, Litecoin, Ripple, Ether and Bitcoin…
Cryptocurrency Mining Limited In Canada Generally, Quebec isn’t much enthusiastic about crypto-mining, unlike Russia’s Crimea, Venezuela and Iran, which are increasingly pinning their hopes on the crypto-economy to help them fight US-initiated sanctions. Quebec Premier Philippe Couillard said at a conference in Montreal Friday,…
The British Bank Governor Carney Searches For Cryptocurrency Regulation Ahead The governor of the Bank of England has given interview saying, that cryptocurrencies, such as Bitcoin should be regulated in the near future. Mark Carney thinks, that there are number of problems…
South Korean Woori Bank Tests Ripple For Money Transfering Woori Bank in South Korea has completed a cross-border remittance test using San Fransisco-based distributed ledger technology startup called Ripple. The completion of the trial arrives as the bank’s Digital Strategy Department reveals…
Cryptocurrency Exchanges In Japan To Set Up A Self-Regulatory Body There are 16 government-registered cryptocurrency exchanges in Japan, which are going to set up a self-regulatory body by strengthen the trust in an industry, which had seen a $530 million digital money…
Offshore Cryptocurrency Exchanges Being Monitored In China Once again China steps up on enforing the policies of banning cryptocurrency trading. According to the report, domestic traders have tried to circumvent these restrictions by accessing offshore exchanges. The Shanghai-based publication Yicai says the…
Louisiana Officials Testing Employees For Bitcoin Mining The U.S. Louisiana State’s general attorney is reportedly investigating a group of former staffers to use official state resources for mining digital currency. Officials in Louisiana have yet to publicly comment on the rumored investigation,…
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Germany Isn’t Going To Tax Bitcoin Purchasers An announcement set by German Finance Ministry says, that the country isn’t going to tax Bitcoin users for applying cryptocurrencies as a payment method. Besides that, converting Bitcoin into a fiat currency or vice versa…
Cryptocurrencies True Cost The developers of cryptocurrencies are working on reducing the huge energy consumption required for mining. ConsenSys, a blockchain software outfit, reckons it has developed a solution to reduce the energy requirements of ethereum to close to zero. It could…
Bitcoin Futures Regulator In Us Allows Cryptocurrency Trading For Employees The US Commodity Futures Trading Commission (CFTC) has reportedly given the full go-ahead to its employees trading crypto. According to Bloomberg’s report, the bitcoin futures regulator CFTC supports workers trading on…