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Bitflyer Contests Reports of Insufficient Customer Verification Process

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Japan’s largest cryptocurrency exchange Bitflyer has contested media reports that the Japanese financial regulator has deemed its user verification process to be insufficient. Nonetheless, the exchange admitted to being in talks with the authority and has implemented additional measures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Reports of Financial Regulator’s Concerns The largest … Read more

Blind Denial of Cryptocurrencies Leads Nowhere, Bank of Lithuania Says

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The central bank of Lithuania has started discussions on regulations with crypto businesses and commercial banks. The reluctance to understand the world of cryptocurrencies leads nowhere, its fintech coordinator said during a meeting in Vilnius. Lithuanian projects have attracted 10% of ICO investments last year, the local community claims. Cryptocurrencies like bitcoin enjoy a growing … Read more

Australia’s Blockbid Exchange Granted Cryptocurrency License by Austrac

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Blockbid is now registered with the Australian Transaction Reports and Analysis Centre (Austrac). This makes it only the third company granted permission to legally operate as a cryptocurrency exchange in Australia since new regulations came about last week. Also Read: Stanford, Wharton and Georgetown Expand Bitcoin Business Classes Cyber Insurance Austrac has approved an application … Read more