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The First Cryptocurrency Guarantee in the World Against Theft First time in the world, the company GoldCrypto will protect and guarantee cryptocurrency tokens from money theft. A statement pointed, that in the case of hacking, the stolen tokens will be replaced. This…
Cardano Starts Bull Rising, as New Trading Pairs are Available in Binance Exchange The Cardano coin took over 5% of trading volumes from the entire crypto market. It has grown more than 22% overnight to the mark of $0.26. But the asset…
Crypto Exchanges from Brazil Creating “Rival” Cryptocurrency Associations The largest cryptocurrency exchanges in Brazil, including Bitcointrade, Mercado Bitcoin, Foxbit recently joined forces to create a cryptocurrency association whose goal is to defend the interests of cryptocurrency users. The organization recently found out other…
The Governor of the Bank of England Says Cryptocurrencies Aren’t Risky Mark Carney, the governor of the Bank of England said in his public speech in Toronto, that despite the ‘huge amount’ of illicit activity run through cryptocurrency, at the current state,…
Latvia Wants To Legalize & Tax Cryptocurrencies The Latvian Finance Ministry says, that 20% tax can be laid on capital gains from deals with cryptocurrencies. On Wednesday the authorities announced the proposal during a meeting with deputies from the Parliamentary Budget and…
ASIC Chips are Built by Samsung for Mining South Korean giant Samsung has approved that it is providing ASIC chips to mine bitcoin, ether and assorted cryptocurrencies for hardware manufacturer Halong Mining. The company Samsung was producing “high-capacity memory chips” for GPUs, which…
Experts View: Cryptocurrency Regulation Attracts Investors According to a number of market insiders, better cryptocurrency regulation attracts institutional investors. Media reports stated earlier last week, that George Soros, an Hungarian – American investor has officially inked the Soros Fund Management’s permission slide to trade…
Coinbase Exchange Approaches SEC for Regulated License The U.S. cryptocurrency exchange Coinbase has approached regulators to get registered as a licensed brokerage. The action will help the exchange to conduct its business in compliance with the Securities and Exchange Commission (SEC). The…
The Central Bank of India Issues Cryptocurrency Ban The India’s Reserve Bank (RBI) has banned regulated banks and its account holders from dealing in cryptocurrencies. In recent months the growing bubble around bitcoin and other virtual currencies has unnerved a number of…
Liechtenstein Adopting Light Cryptocurrency Regulations It appears, that Liechtenstein doesn’t want to miss the opportunity of using Blockchain innovation in its economic system. According to the nation’s prime minister, the government of Liechtenstein plans to lay out “sensible” and comprehensive Blockchain regulations….
Kazakhstan Is Going To Prohibit Cryptocurrency Trading The National Bank of Kazakhstan is going to prohibit cryptocurrencies, because there is a risk of tax evasion and money laundering. The Bank’s negative approach on cryptocurrencies is being used to commit large-scale acts and…
Japan Fights Against Cybercrime And Crypto Theft The new law enforcement unit from Tokyo is going to raise efforts to combat cybercrime. Over 500 analysts and investigators from different branches of Japanese police and other security services will work at the new…
Thailand Sets Tax Payment For Cryptocurrency Transactions The Ministry of Finance in Thailand has announced its tax rates for cryptocurrency trading and investments amid the ongoing legislative process to regulate and tax the sector. The country’s finance minister Apisak Tantivorawong announced the…
Two Japanese Exchanges To Be Closed Two cryptocurrency exchanges in Japan are reportedly set to cease operating amid growing scrutiny from regulators in the wake of a $500 million theft. The two exchanges- Mr. Exchange and Tokyo GateWay – are withdrawing previously filed applications with…
The Finance Minister Of France Plans ICO Regulations Recently, France’s finance minister Bruno Le Maire revealed that the country plans on creating a legal framework for initial coin offerings (ICOs). The aim is to become a leading ICO hub. Le Maire wrote…
Cryptocurrency Exchanges Must Be Like Stock Markets: US Regulator According to some analysts view, cryptocurrency markets still lack proper oversight and regulations. The U.S. Securities and Exchange Commision (SEC) head Brett Redfearn, stated that the current state of cryptocurrency markets resemble the…
Toronto Stock Exchange Launches Crypto Brokerage The operator of the Toronto Stock Exchange TMX Group has announced it’s launching a cryptocurrency brokerage platform. The service will be offered by subsidiary network and focused on bitcoin and ethereum. The project will be implemented…
Binance Denies Japanese Regulator’s Criminal Warning Bitcoin price’s sharp pullback on Thursday came after Japan’s regulator had issued a warning to Binance, one of the world’s biggest cryptocurrency exchanges, that it was operating in the country illegally and criminal charges would be…
G20 Calls For Cryptocurrency Regulation By July 2018 The world economic leaders have met in Buenos Aires for G20 summit and discussed the proposals of cryptocurrency regulations to come by July 2018 according to the G20 communique. The document backs the words…
FSB Thinks Cryptocurrencies Don’t Pose Any Risk Yet The body made financial recommendations on Sunday and said, that virtual currencies and crypto-assets don’t pose a systemic risk yet. The Financial Stability Board said in a statement: “The FSB’s initial assessment is that…
