BITHUMB Stops Creation Of New Virtual Accounts One of the South Korean exchanges of digital assets, the BITHUMB crypto exchange will no longer allow the creation of new virtual accounts due to the inability to sign an agreement with a partner bank….
US South Carolina State Eliminates Cease-And-Desist Order Against ShipChain And Genesis Mining Blockchain Startups On Thursday according to the information mentioned in public documents securities regulator of the US South Carolina State has eliminated cease-and-desist order ( an order that makes an individual…
Iranian National Cryptocurrency Against US Sanctions According to the recent announcements Iran is going to launch its own “local” state cryptocurrency. The authorities think local cryptocurrency will help the country bypass the strict economic sanctions imposed by the President of the United…
Import Of Cryptocurrency Mining Machines Can Be Prohibited By The State Bank of Vietnam As per the State Bank of Vietnam, the country’s central bank, has agreed with the Ministry of Industry and Trade to provisionally stop the import of cryptocurrency mining…
New Electricity Tariffs In New York Can Be Attractive For Cryptocurrency Miners The New York state has endorsed another arrangement of utility rates designed to attract significant investments from crypto miners into the state. Under the new system, crypto miners who have…
Cambodia Bans Crypto Trading, Circulation, & Settlement Without Appropriate License The National Bank of Cambodia (NBC), the Commission of Cambodia, and the General-Commissariat of National Police together composed a declaration about the legitimacy of crypto operations in the country. The declaration was…
Thailand SEC Releases New Cryptocurrency Market & ICO Regulations Security and Exchange Commission of Thailand has released new regulations regarding ICOs, cryptocurrency trading pairs, and licensing fees. This year in May Thailand prohibited ICOs when refusing the beforehand planned 7 percent VAT…
Crypto Mining Platform Operations Stopped By Austrian Financial Regulator On May 29th as per FMA press release the Austrian Financial Market Authority (FMA) has banned the business and industrial operations of a Vienna-based cryptocurrency mining company INVIA GmbH. The company was told to stop operations on digital currencies mining…
South Korea Proposes Permitting And Legalizing ICOs South Korea which is considered to be the third most important Bitcoin market in the world, has been staying an uncertainty source in the scope of digital money. The government of the country banned initial…
High Court Of Zimbabwe Terminates Restrictions On Crypto Bitfinance which is Zimbabwean cryptocurrency exchange, will proceed with its business after the High Court of Zimbabwe turned around the decision of the country’s national bank to limit cryptographic money related activities in the…
Regulatory Changes For Blockchain Related Transactions In Singapore As per reports Singapore’s central bank and financial regulator MAS has issued a meeting paper in which it is looking into the current administrative and regulatory system which has been set up since 2002….
Cryptocurrency As Official Digital Asset In Thailand The current year has been very powerful for the crypto field in Thailand. Returning to February, the Bank of Thailand banished banks from making investments into or selling cryptocurrencies, allow credits to their customers bearing…
Thailand Is Submitting Regulatory Rules By The End Of June 2018 On Tuesday during a public hearing SEC chief announced that Thailand’s securities and trade commission hopes to issue and submit regulations on cryptographic forms of money and initial coin offerings (ICO)…
South Korea Is Going To Ease Its Cryptocurrency Regulation In Near Future In the reporting of local source of information, South Korea’s Financial Supervisory Service Governor Yoon Suk-heun is considering to smooth cryptocurrency regulation. This news comes in quite an interesting time for the…
Cryptocurrency Payment Regulations In Portugal The Portuguese Parliament intends to discuss cryptocurrency payment regulations for this week aiming to adopt a new legal framework for crypto payment services, while ensuring the safety of users using these services. As to the local news…
United States Commerce Regulator Is Discussing Crypto Frauds In June 25 Seminar The US Federal Trade Commission is conducting a seminar in which it will examine fraud with cryptocurrencies with consumer interest organizations, police and private sector companies. The US Federal Trade…
Regulatory Intervention To Legitimise The Market This Is What UK Cryptocurrency Bodys Calls For. The cryptocurrency community of the UK calls on the Government and the Financial Conduct Authority (FCA) to tighten the rules for trading virtual currencies and grant licenses to companies…
Important Cryptocurrency Regulations Proposed by Abu Dhabi Regulator On Monday the financial regulator of Abu Dhabi Global Market (ADGM), the Financial Services Regulatory Authority (FSRA) has published a regulatory consultation paper addressed to cryptocurrencies. The observer declares that the offered regulation will…
Self-Regulating Body For Japan’s Cryptocurrency Exchanges Finally Japan’s exchanges have formed the self-regulating body. For the purpose of addressing market issues sixteen of Japan’s cryptocurrency exchanges are forming a self-regulating body. The island’s cryptocurrency market is under observation by clients due to…
Taiwan Submits Cryptocurrency Regulations Taiwan Submits Cryptocurrency Regulations. Minister of Justice of Taiwan Qiu Taisan required the submission cryptocurrency regulations by November in order to prevent money laundering. Qiu Taisan said that the Ministry of the Interior, the Central Bank, the Bureau of…
