bitFlyer, Japan’s largest Bitcoin exchange, is being forced to stop taking on new business after regulators said it wasn’t doing enough to stop money laundering and terrorist financing. The move by the Tokyo-based exchange saw a drop in the price of the coin and highlights how the country’s financial watchdog, the Financial Services Agency (FSA),… […]
Republican Congressman Tom Emmer has praised the SEC for its recent comment indicating that ether is not a security.
Hydro-Quebec has proposed new rules for cryptocurrency miners that are hooked up to their grid. Under the new rules, there will be a total of 500 MW set aside for cryptocurrency mining, and the rate will be hiked by at least 1 Canadian penny (CAD 0.01) for cryptocurrency miners. Additionally, Hydro-Quebec will be able to […]
Japan’s Financial Services Agency has issued business improvement orders to six licensed crypto exchanges operating in the country.
The recent $30 Million hack of Bithumb has caused U.K. regulators to question the security of cryptocurrency exchanges, with exchanges operating in the U.K. coming under fire. 2018: The Year of Exchange Hacks? As the cryptocurrency market swells, the amount of exchange hacks has grown, in a direct correlation with the growth of active exchanges…. […]
The Supreme Court of the United States issued a ruling today on 21 June 2018 that acknowledges Bitcoin could be used as a currency. While this doesn’t amount to a legal decision on Bitcoin or cryptocurrency, it clearly acknowledges Bitcoin and is the first time Bitcoin is mentioned in a Supreme Court ruling. The ruling was […]
Former FDIC chair Sheila Bair thinks the U.S. needs to create an entirely new regulatory framework for cryptocurrencies.
Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, says a “Goldilocks moment” needs to be found in any regulation of the cryptocurrency ecosystem, reports Coindesk. John Michael Mulvaney is an American politician of the Republican Party serving in President Donald Trump’s cabinet as Director of the Office of Management and Budget and Acting […]
Tether has been under intense scrutiny recently after a study alleged that Tether was responsible for manipulating Bitcoin’s price during the rally to USD 20,000, and that Tether was possibly adding new coins into circulation with the purpose of pumping up Bitcoin’s price without backing them with USD, which would effectively be money printing. The […]
When it came to crypto, the focus was on retail investors – not only on protecting them but also on giving them a chance – during CB Insights’ event.
The Bithumb situation has quickly developed over the past 24 hours, resulting in rampant speculation about what exactly happened. Bithumb ‘Suspiciously’ Deletes Original Tweet News of yesterday’s hack quickly broke on Bithumb‘s official Twitter account, but oddly enough, Bithumb deleted the original message after only a few hours. The original message stated that all deposits… […]
The U.S. government needs to develop reasonable regulations around the nascent cryptocurrency space, said OMB director Mick Mulvaney.
Banco Central do Brasil is building a blockchain platform to ensure the authenticity of data exchanged between financial authorities.
The president of the Chicago Board Options Exchange (CBOE), Chris Concannon, says coming Securities and Exchange Commission (SEC) regulations for initial coin offerings (ICOs) will have catastrophic effects for investors and the market. He says “the reckoning will come in two waves” and “it should be keeping investors up at night”. CBOE is the largest […]
Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp. Crypto Trading Portfolio Alfa Bank is the largest private bank in Russia, while Sberbank is state-owned and is responsible for processing government employee… […]