Korean Supreme Court Rules Cryptocurrency Is Asset With Economic Value

The South Korean Supreme Court has ruled that cryptocurrency is an asset with economic value that can be confiscated. In the case involving a porn site and 191 confiscated BTC, the country’s top court upheld a district court’s ruling. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme Court Has Ruled South Korea’s top … Read more

Austrian Financial Market Authority Stops ‘Active Managed Mining’ Operation

The cryptocurrency industry have created a host of legal questions as old definitions are forced on brand new innovations. Should switching between the most profitable coin to mine at each time be considered some type of fund management? Austrian regulators seem to think so. Also Read: Bitcoin in Brief Wednesday: China Fights Impersonators and Fraudsters Unauthorized … Read more

BTCC Plans Major Overhaul

A lot of cryptocurrency exchanges exist in this day and age. Not all of these trading platforms are created equal, as some suffer from outdated infrastructures. BTCC, one of the oldest trading platforms in this industry, is looking to upgrade its offerings in the near future. This is a positive development which will benefit all users … Read more

Waves’ Potential Removal From UK’s Companies House Register Sparks Major Debate

There appears to be a lot of confusion regarding the Waves project. A new document is circulating on the internet indicating that the firm behind Waves needs to renew its registration. Failure to do so may result in the company being struck off the UK register and dissolved. No Real Concern for Waves Holders Although the document in question … Read more

Ukrainian Companies Mint 25 Coins, Raise $132 Million

Ukrainian crypto businesses have created 25 digital coins in 2017 and 2018, raising more than $132 million through token sales, according to a new report. Cryptocurrencies are gaining popularity in the country, where the daily trading volume now reaches $1.9 million USD. The growing number of crypto users served by local exchanges has prompted calls … Read more