cryptocurrency

Thailand Greenlights Japanese Exchange to Operate 4 Crypto Businesses

Thailand Greenlights Japanese Exchange to Operate 4 Cryptocurrency BusinessesThe Thai government has issued four licenses to a new crypto exchange. Prior to this, only existing exchanges that were in business before the country’s crypto regulation took effect were approved. The first licensed new exchange in Thailand is a subsidiary of a regulated Japanese exchange, Bitpoint. Also read: SEC Chair Explains Key Upgrades Needed […]

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Digital Currency Donors and Crypto-Backed Endowments Fuel Higher Learning

Digital Currency Donors and Crypto-Backed Endowments Fuel Higher LearningDigital asset holders and organizations have been donating funds to a number of well-known universities. These days a slew of popular colleges like Stanford, MIT, Cornell, Puget Sound, and Princeton all accept digital currency donations or have high-net-worth crypto backers funding these schools. On the flip side of higher education, many of the world’s prestigious […]

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State Treasurer: Ohio Companies Now Paying Tax in BTC

Ohio Companies Now Paying Tax in BTC, Says State TreasurerTreasurer in the U.S. state of Ohio Robert Sprague has revealed that at least two companies have paid their taxes using bitcoin since the state launched its cryptocurrency payment platform in December. Sprague did not disclose details pertaining to the amount or companies involved, citing confidentiality. Also read: Liechtenstein Bank Creates Cryptocurrency Trading Platform for […]

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Coinbase Reveals Its Procedure for Handling Contentious Forks

Coinbase Reveals How the Exchange Manages Contentious ForksOn Feb. 20, the San Francisco-based cryptocurrency exchange Coinbase gave the public an inside look at how the company deals with contentious forks. Coinbase engineer Breck Stodghill specifically discussed how the trading platform dealt with the Bitcoin Cash (BCH) split on November 15, 2018. Also read: ‘Bitcoin Killer’ Onecoin Is Ashes But Investigations Continue to […]

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Indian Trade Association Calls for Fast Crypto Regulation to Drive Growth

Indian Trade Association Nasscom Calls for Fast Crypto Regulation to Drive GrowthThe Indian National Association of Software and Services Companies (Nasscom) has released a report that calls for regulatory certainty, particularly in areas such as cryptocurrency. The lack of legal clarity and the crypto banking ban have hindered investments in this sector, hurt crypto exchanges, and driven investors out of the country, according to the association. […]

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Company Evades SEC Penalty Despite Illegally Issuing Security Tokens

Company Evades SEC Penalty Despite Illegally Issuing Security TokensThe U.S. Securities and Exchange Commission (SEC) has decided not to impose a penalty on a company that had issued security tokens without its approval and without qualifying for an exemption. The company raised approximately $12.7 million. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval No Penalty The SEC announced on […]

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Liechtenstein Bank Creates Cryptocurrency Trading Platform for Institutional Investors

Liechtenstein Bank Sets up Cryptocurrency Trading Platform for Institutional InvestorsA private bank in Liechtenstein has established a cryptocurrency trading platform for institutional investors. Balzers-based Bank Frick will offer the service through its new subsidiary DLT Markets AG. Also read: Irish Auctioneer to Sell off 315 BTC Seized by Belgian Police Investors to Gain Access to Multiple Cryptocurrency Markets According to a statement released by the […]

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‘Bitcoin Killer’ Onecoin Is Ashes But Investigations Continue to This Day

The So-Called 'Bitcoin Killer' Onecoin is Left in Ashes, But Investigations Still ContinueBack in 2014, a group led by a woman named Ruja Ignatova created a Ponzi scheme called Onecoin which, together with the organization Onelife, defrauded billions from 3 million people. At peak popularity, the group declared that Onecoin would be a “Bitcoin killer” but the pyramid scheme is now in ashes and many of its […]

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Cryptocurrency Exchange Exmo Opens Branch in Turkey

Cryptocurrency Exchange Exmo Opens Branch in TurkeyDigital asset exchange Exmo, a leading crypto trading platform in Eastern Europe, has recently registered a subsidiary in Turkey. The company is setting up an office in Istanbul, the financial capital of the country situated on the Bosphorus. Also read: Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments Traders Offered Pairs With […]

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Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries

Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 CountriesMoney laundering scandals involving some of the world’s largest banks have grown this week. Switzerland’s largest bank, UBS, has been fined 3.7 billion euros (~$4.2 billion) for money laundering. Amid a $226 billion scandal, Estonian authorities have ordered Denmark’s largest bank to terminate its operations in the country. Danske Bank is also shutting down in […]

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