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Japan’s Financial Services Agency Hits Exchanges with Unexpected Inspections

Amidst a sudden drop in cryptocurrency prices at mid-week, Japan’s Financial Services Agency (FSA) reported that they had carried out a surprise inspection of two Japanese exchanges. Bitcoin dropped 2.25% to USD 5,409.4 by 12:46 PM ET (04:46 GMT), after rising to a one-month high at USD 5,586.3 in the mid-week. The drop-in prices pushed the crypto market cap down …


Update: Thai Navy End Bitcoin Couple’s Sea Adventure

Update_ Thai Navy End Bitcoin Couple’s Sea Adventure

The offshore seastead built off the Phuket coast by Bitcoiners Chad Elwartowski and girlfriend Supranee Thepdet has now been removed by the Thai Navy. Three naval boats were dispatched to the offshore mini homestead over the weekend to dismantle and remove the 20ft structure which has been the couple’s sea home for three months. The couple had constructed a platform …


Brexit, Binance and Bitcoin: A New Era for Crypto in the UK?

Brexit, Binance and Bitcoin: A New Era for Crypto in the UK?

With the clock ticking on Britain’s much-debated exit from membership of the EU and all that means if a decision is finally agreed by September, where will this leave the UK in European Crypto Space? In a position of strength, or cut-off from its legislative support on the other side of the channel? Well, no man is an island, according …


CFTC Commissioner Says Sheer Pace of Fintech Has Stalled Bakkt Type Approvals

CFTC Commissioner Says Sheer Pace of Fintech Has Stalled Bakkt Type Approvals

CFTC Commissioner Christopher Giancarlo believes that the current period of innovation makes it challenging to approve proposals like Bakkt. The U.S. Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974, that regulates futures and options markets. Bakkt had promised prospective clients it would request permission from the CFTC to provide the first Bitcoin …


“Bitcoin Girl Thailand” on the Run From Thai Navy after Seastead Debacle

“Bitcoin Girl Thailand” on the Run From Thai Navy after Seastead Debacle

American Bitcoin investor Chad Elwartowski and Thai girlfriend Supranee Thepdet, nicknamed Bitcoin Girl Thailand, have gone into hiding having been accused of violating Thailand’s sovereignty; a charge that could carry a death sentence under Thai law. The couple constructed a platform home known as a “seastead” in international waters 12 nautical miles from the shoreline at Phuket, Thailand’s tourist island …


France Will Push EU to Adopt New Crypto Regulatory Framework

France Will Push EU to Adopt New Crypto Regulatory Framework

France is keen for her European Union neighbors to adopt a similar framework for cryptocurrency to its own newly- formed financial sector legislation. Its new laws have been structured to keep the Finance Ministry, exchanges, and traders satisfied that there is a little bit of harmony for all, and a relief for many traders who have been expecting a tightening …


SEC Tells ETFs to Drop Blockchain Tag

SEC Tells ETFs to Drop Blockchain Tag

The US Securities and Exchange Commission (SEC) is once more flexing its regulatory might, this time by warning fund providers offering so-called blockchain exchange-traded funds (ETFs) to lose their “blockchain” tags in their names. The move is seen as a preventive measure to avoid misleading investors keen on gaining asset exposure to cryptocurrencies and their underlying blockchain technology. Bloomberg reports …


Lithuania to Announce Tough New Crypto Laws

Lithuania To Announce Tough New Crypto Laws

Lithuania is reported to be working on cryptocurrency regulations which surpass Europe’s Anti-Money Laundering Directives for their prohibitive impact. The new changes are likely to put pressure on the cryptocurrency space as the government in Vilnius attempts to tighten its control. Lithuania’s central bank has also been canvassing commercial banks and exchanges to get a clear picture of cryptocurrency and …


Articles 11 and 13 Ringing the Changes: What These Numbers Mean for Crypto in Europe

copyright, blockchain

Strasbourg’s latest copyright laws could change the face of the internet by 2021, but what do articles 11 and 13 have in store for the cryptocurrency space moving forward? The two new copyright laws originated from the UK, where activists rebelled against the copyright status quo claiming that current freedoms were damaging not only the music industry, for years now …


Celeb Waqar Zaka Calls His New Crypto Idea a Solution to Pakistan’s Debt Dilemma

waqar zaka, pakistan

Pakistani television show host, social media star and a self-proclaimed crypto king, Waqar Zaka, has announced that he plans to use skills acquired as an engineering graduate to launch ‘Tehreek-i-Tech’- the country’s first own cryptocurrency project. Zaka plans to see these ambitious plans come to fruition with support from his old alma mater the National University of Science & Technology and …


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