India Prohibits Banks From Handling Crypto
The Reserve Bank of India (RBI) announced in a press release Thursday that all banks and regulated financial entities would now be strictly prohibited from facilitating transactions involving cryptocurrencies. ”Cryptocurrencies comes with associated risks” Press release details note that the decision was made because of what is described as ”associated risks” of cryptocurrencies. The ban on […]
Spanish Crypto Tax Probe Launched
Online Spanish news source El Confidencial has reported that 60 cryptocurrency companies have been contacted by the Spanish tax authorities and asked to surrender details regarding their clients. Sixteen Spanish banks and around a dozen exchanges operating crypto ATMs have been contacted along with more than 40 businesses that accept online cryptocurrency payments, the source […]
Crypto Exchange Execs Arrested In South Korean Raids
It was revealed on Thursday that four executives from two cryptocurrency exchanges are being questioned by South Korean police over alleged embezzlement. The detentions of Kim Ik-hwan, CEO of Coinnest, and the other executives, whose names have not been published, is part of a crackdown on cryptocurrency fraud over the past few months. This arrest […]
SEC Chairman Doesn’t Believe Every ICO is a Scam; Japan and South Korea Charge Ahead Toward Regulation
Jay Clayton, the Chairman of the US Securities and Exchange Commission (SEC), gave a speech at a Princeton University event that provided fascinating insight into his evolving views on how to approach initial coin offerings (ICOs) as well as how to classify and regulate cryptocurrencies. Not every ICO is a scam Essential discussions that delve […]
Arizona Lawmakers Gearing Up to Pioneer State-Wide Regulated Blockchain Industry
The state of Arizona has officially signed into law a bill that allows for corporations to hold and share data on a blockchain. First introduced in February by state representative Jeff Weninger, the bill is intended “to open the door for emerging technologies in Arizona”. Over the past two months, Arizona has been making headlines […]
Illegal Crypto Mining Overheating Washington County
Chelen County in Washington has taken steps to halt illegal cryptocurrency mining. Where once Wenatchee, a favorite destination for Bitcoin exploration, had put Chelan County into the limelight, the county is now attracting negative attention as a haven for prohibited cryptocurrency mining. The County’s Public Utility District (PUD) is taking measures to curb the illegal […]
South America: Crypto and Blockchain News Roundup, 27th March to 5th April 2018
South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Venezuela Venezuela may pay Russia with Petro cryptocurrency for automotive parts: Venezuela has recently launched its own cryptocurrency Petro and the state may use […]
North America: Crypto and Blockchain News Roundup, 27th March to 5th April 2018
North America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. United States Ripple may be willing to pay to be listed on US cryptocurrency exchanges: Ripple is so far not listed on some of […]
Africa: Crypto and Blockchain News Roundup, 27th March to 5th April 2018
Africa Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Africa’s crypto boom to grow: Africa is often sidelined in cryptocurrency news but there is a big cryptocurrency boom taking place in Africa and will […]
Asia Pacific: Crypto and Blockchain News Roundup, 27th March to 5th April 2018
Asia Pacific Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Japan 14% of Japan’s young male workforce invest in cryptocurrencies: According to a recent study by Shin R25, more than 14% of Japan’s young […]
